Lisk (Bittrex: LSKUSD) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Lisk began a wave one advance in October 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in February this year. If this wave count is correct, Lisk should be heading next towards the January 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Lisk will make it easy for developers to build and deploy decentralized applications in JavaScript. You can view their roadmap below.
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) “Lisk will takeout the November 2018 peak”.
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If you think Lisk is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) “Lisk will stay in a trading range between the February 2019 low and the November 2018 peak until April 19”.
(Chart courtesy of Tradingview.com (log scale))
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