TradingView
JMohn
Aug 22, 2017 1:01 AM

Lisk/BTC Poloniex Long

Lisk / BitcoinPoloniex

Description

It looks like Lisk has started moving up, possibly even finished the first Wave of an up trend. Not ready to enter yet, looking for confirmation that the bottom of Wave 2 has completed, but worth keeping an eye on.

Trade active

I put in a lowball order and price dropped enough to get me in the trade. A more conservative entry would probably be a bit higher, maybe even above the previous high on the way down.

Trade closed: target reached

I got stopped out with some volatility that took me by surprise and I decided that my stop was too tight, so I re-entered the trade with more wiggle room. Lots of long wicks, but I was able to sell above my Wave 3 point. I intended to get back in at Wave 4, but it happened so fast that I missed it. It looks like Lisk did hit all of my ranges, it just happened much faster than I anticipated.
Comments
clasre
Awesome, keep us up to date! I think Lisk is a bit of a silent achiever that will go way up once it rebrands and gets some good builds out.
More