Freeze27

LSKBTC - Cup and Handle pattern

Long
Freeze27 Updated   
POLONIEX:LSKBTC   Lisk / Bitcoin
LSKBTC is forming a cup and handle pattern on the 4h chart, setting it up to break the main resistance at approx. 14000 sat.
After being rejected once, LSK gained back tempo by finding support on the 4hour 100 MA and might now be ready to break the main resistance at 14k sat. Another strong resistance is seen at 14400 sat (200day MA). If lisk manages to take out both, huge gains are possible.
Comment:
resistance at 14k was taken out
Trade closed: target reached:
at this moment the second resistante (14400sat) was taken out
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