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rliebert
Sep 22, 2017 11:31 PM

LSK/BTC looks ready to explode higher Long

Lisk / BitcoinPoloniex

Description

Looks like a clear Elliott impulse wave pattern. Now on the 4th wave, which is a huge triangle currently tightening up. Volume has been trending lower since the end of the 3rd wave. Could indicate reduced supply from accumulation into strong hands. LSK to the moon!

After the 5th wave completes, look for a correction similar to the last large move up.

Comment

Published another chart that shows that there is more uncertainty in this set-up.
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