Hello, we were looking for alts to invest in as the btc dominance is going down (see the related idea). Well, after Zcash, Lisk is perfect right now as:
1- it broke the descending trendiline upwards; 2 - it will halve on the 28th of September, so the price should start its run; 3 - the price just reentered the turquoise retracement area after months.
Unfortunately, I do not have any clue about the target at the moment. We will have to monitor this closely.
There is some risk involved as it could retrace a little from here to retest the triangle. So, will the halving hype or the technicals win?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.