Long
Lisk Could Be Ready To Explore The Moon
Lisk has been breaking above all resistance levels showing that there is huge upside potential in the coming days. LSK/USD rejected the 200 Moving Average on the daily chart and has managed to break above the $10 strong resistance which is also a psychological round number.
It seems that Lisk is ready to launch and could be exploring the moon, while the upside targets are quite high. The nearest target is around $25, while a much stronger resistance is at $30, which is also a psychological round number and does correspond with two Fibonacci retracement levels applied to different corrective waves.
First, it is 527.2% Fibs at $29.2 and second is 827.2% Fibs, which is right at the same level - $29.2. This does make this price a strong resistance and could be the upside target. However, if broken the highest target for this wave could be as high as $40, which is near $727.2% Fibs.
It seems that Lisk is ready to launch and could be exploring the moon, while the upside targets are quite high. The nearest target is around $25, while a much stronger resistance is at $30, which is also a psychological round number and does correspond with two Fibonacci retracement levels applied to different corrective waves.
First, it is 527.2% Fibs at $29.2 and second is 827.2% Fibs, which is right at the same level - $29.2. This does make this price a strong resistance and could be the upside target. However, if broken the highest target for this wave could be as high as $40, which is near $727.2% Fibs.
Note
If $9 support is broken could correct downNote
this shows that lisk could be gong down ... 
Note
so the downside risk is there, but the upside potential remainsNote
Break above 11.5 is neededNote
So far looks good, most likely will continue moving upNote
slowly, slowly but Liks is getting readyNote
Lisk is my top choice nowNote
left just small portion of lisk, and switched my top choice to civicTrade active
Trade closed: target reached
Although target is reached it could go higher, up to you whether to hold or notNote
uptrend continuesTrade closed: target reached
Final target reachedNote
Lisk has landed on the Moon, will it go to Mars? Here is my view 
Disclaimer
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.
Disclaimer
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.