מעודכן
Lisk Reached the Resistance, What's Next?
After breaking the triangle pattern and then rejecting it Lisk went up sharply, from $5 all the way up untill the $10, making over 100% growth agains the USD. Indeed a great performance by Lisk, but when, if and where it should stop?
LSK/USD has already reached the upside target based on the triangle breakout pattern, although it failed to close above that target at $10.6. It has produced a spike on the 4-hour chart reaching $10.9. In order for LIks to continue moving up this high must be broken, by the 4h candle closing above it, preferably even a daily candle. If that happens, an explosive growth could take place pushing Lisk a lot higher.
However, while the resistance is holding there is a risk of a downside correction towards $7.6 support level at 127.2% Fibonacci retracement level. Perhaps at this point, it is better to stay neutral and wait for a confirmed break above the $10.9.
LSK/USD has already reached the upside target based on the triangle breakout pattern, although it failed to close above that target at $10.6. It has produced a spike on the 4-hour chart reaching $10.9. In order for LIks to continue moving up this high must be broken, by the 4h candle closing above it, preferably even a daily candle. If that happens, an explosive growth could take place pushing Lisk a lot higher.
However, while the resistance is holding there is a risk of a downside correction towards $7.6 support level at 127.2% Fibonacci retracement level. Perhaps at this point, it is better to stay neutral and wait for a confirmed break above the $10.9.
הערה
Looks like it will go towards $25, buying on correction could work out goodהערה
Next upside target is $30הערה
הערה
Lisk at the supportהערה
still correcting down, don't see any signals to buy yetהערה
List continues trading below resistance, waiting for a break above
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.