Lisk / Bitcoin
Long
Updated

LSKBTC: are you feeling r(l)isky?

741
LISK has recently found the bottom at a previous .61 fib level from the origin. it's responded accordingly and has gone parabolic, only to get rejected at the 1 to the intermediate .61 FIB.

TP is .00115

Things to take into consideration:

BTCUSD needs to come down more. there is a significant amount of evidence that shows BTC will retreat back from it's A.T.H. this will help reach TP quickly.
LSKUSD will appreciate in price. There is also a significant amount of technicals and fundamentals that show that LSK is ready for another go around.

Conclusion: LSK at this level is a good trade and a good investment.

Good luck!
Trade closed: target reached
Good job everyone!

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