A wise man said: Wait for the trend; the trend is your friend!
Lisk has had a phenomenal relaunch event. Surprisingly though, the price plummeted during the event and continued to do so for 4 days. Lisk has been one of the top performers in the past 3 months and it looks like a lot of people were taking profits prior to the event, and that followed with a panic sell from weak hands!
I personally want to accumulate lisk more than EVER! A $100 lisk is coming soon, really soon.
We have reached the bottom of our channel where it looks like we are approaching a perfect buying opportunity.
We have a solid 3-month channel here that has been playing out well for Lisk and we are close to the bottom channel where in my opinion is a great accumulation opportunity. I expect the bulls to take control now! We are currently in a very tight falling wedge (2 purple lines) and we could breakout any minute.
Could we break that channel and go downwards? Maybe! Anything is possible in this crazy crypto market!
ACCUMULATION STRATEGY:
- The yellow triangle respresents our first accumulation zone where you can accumulate 75% of your position. (~200,000 Satoshis)
- The orange rectangle respresents the second accumulation zone where you can accumulate 25% of your position. (I don't think we will be visiting this zone, but you never know!)
- The blue rectangle represents the zone where you should sell your house, wife and kids to buy more Lisk.... Just kidding :) (IGNORE THIS RECTANGLE)
TARGET PROFITS:
TP1: 255,000 Satoshis (27% Profit)
TP2: 322,000 Satoshis (61% Profit)
TP3: 397,000 Satoshis (98% Profit)
TP4: 442,000 Satoshis (121% Profit)
TP5: 517,000 Satoshis (158% Profit)
Good luck!
I am not a professional trader nor a financial adviser. Please invest/trade at your own due diligence!
If I helped you make a good profit, your donations are welcome:
LISK: 16913548886128029224L
BTC: 1DEGt28xuBLbfrB3PkXyWKEHTf8cVmXHzE
ETH: 0x39b6D4f41C5725b40f184601789d252b27043694