Lisk is approaching the end of a triangle pattern after a period consolidation within a recent bull run.
Considering the expectation of imminent re-branding, SDK release and other fundamental news, there is good reason to expect the uptrend to continue.
Upon a bullish breakout, price is likely to quickly retest resistance at .0013 level where a new buy opportunity may be possible to catch additional upward momentum. Should we pass this, my first TP will be the previous high of .0015 area.
If price breaks below we can expect further consolidation between .0009 and .001 levels.
Which direction do YOU see lisk headed? Has the long awaited news already been priced into this bull run? Does Lisk have the momentum to climb higher in the coming days-week?
Considering the expectation of imminent re-branding, SDK release and other fundamental news, there is good reason to expect the uptrend to continue.
Upon a bullish breakout, price is likely to quickly retest resistance at .0013 level where a new buy opportunity may be possible to catch additional upward momentum. Should we pass this, my first TP will be the previous high of .0015 area.
If price breaks below we can expect further consolidation between .0009 and .001 levels.
Which direction do YOU see lisk headed? Has the long awaited news already been priced into this bull run? Does Lisk have the momentum to climb higher in the coming days-week?
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Still in consolidation within a triangle pattern.
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And we have lisk off!