If you have Lisk in your radar as a coin to invsest for 2018, then you definately know what you are after :) Lisk has great potential for the upside and definately will keep an eye for a long term investment. In case you want action and trade a short term setup, then this bearish gartley pattern is a great trade opportunity. It completes at a key resistance level - the sliding parallel of a rising channel. In addition we may see that its AB, CD waves gives a perfect AB=CD pattern. Going short at current level with stoploss above 28,000 and profit targets at 18.750 is how you may trade this advanced pattern.
All the best,
John
All the best,
John
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Price seems like it broke above the resistance but instantly reversed, now trading below the sliding parallel. The pattern is still active