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Lickbtc

LISK 3rd triangle into channel?All details at chart. We saw 2 triangles with bullish continuation. First was symmetrical triangle, second was symmetrical or ascending (with upper line @45k). Now, we spiked a lot and touched upper line of channel. Lisk will go above this channel as soon as possible or will stay into it and will form (white) pennant (pennant is symetrical triangle after spike - "pole") or will form ascending/descending triangle (red and blue). Channel is pretty bullish and wide - we have 2 versions os lower line. If we would stay into channel, best buy-in is at lower line (with small sl because we can go under channel if we would test line again). Anyway, we should see interesting price action next days on Lisk. If you already sold, recomendation for now is wait. If you hold - hold or/and sell at upper line of channel. If you bought high at fomo on this pump - hold and sell if you have profit. Don't do bad fomo-moves, it should consolidate/correct a little bit. 1st and 2nd triangle time was around 1 week, so maybe we will see again out after that time (but it can be much faster because Lisk have now more volume and much more attention). Stay tuned and good luck.
by oldstout
2