LISK is looking in doubt. We have the option to form a and retrace deeper. It has been fighting its recent downtrend for a while now. And so far lacks the power to break thru. The resistance is heavy coinciding with both the 50 and 200 . That's pretty much the scenario.
The scenario is that we start/ are forming a new ew cycle upwards. The resistance will have to be broken to the upside with good strength to confirm the power of the bulls. The and WT tell us it is looking or will soon try to fight the bears on the Line. The stronger support lies @ 125k- 127k level and at the 100k level. If we do manage to break upside the trading opportunity could bring good rewards. Goodluck