oldstout

LISK triangle should show bull or bear winner!

POLONIEX:LSKBTC   Lisk / Bitcoin
ABCD and incoming E?
Bull or bear?

I see potential ways:

1st way is most bullish and it can go fast with 45k+ signal of make ascending triangle with green 45k line with ending even in OCtober

2nd way is making E in triangle at upper trendline of sym triangle and bearish ending. It should lead to 30-35k double bottom .

2nd way" is E + down of tiangle +30k test and fail. This is most brutal sceanrio for Lisk bulls.

3rd way is also brutal like 2nd" but faster. It is going down from triangle without E and will occur double bottom in low 30ish area.

Comments

Nice and clear. Thanks.
+1 Reply
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