[ LISK ] Analysis 💵: New bull wave incoming

in #lisk7 years ago (edited)

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LISK (LSK) Analysis

Lisk has ben rather stable in this crash since december.
Lisk has formed a Falling Wedge pattern which is a bullish pattern,
I always play the falling wedge pattern by buying when it hits the trend line support to get the maximal profit.
The falling wedge needs to squeeze the the price until a certain moment when it pops and a breakout happens.

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chart_pattern_falling_wedge.png

Next to this my elliot counts says that Lisk is in the 4th wave (retracement wave) and has a huge potential since the 5th wave is the fomo wave.


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Hope you have a great week!