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MichalSieronski
Feb 15, 2018 1:42 PM

Lisk, zoom out, buy Lisk and enjoy the show Long

Description

I was looking at Lisk chart for a long time and could not figure it out by using indicators, Fibonnacci levels or Elliot Waves Theory etc. So I decided to zoom out a little bit as in most cases it helps to understand the general trend. On a weekly chart Stochastic RSI is showing very nice uprend which is a series of higher lows and presumably another higher high, you can spot that it happened previously, also series of 3 higher lows and higher highs. Additionally the SRSI is low right now and about to start its way up. By looking at the effects of such set up earlier I think that expecting 88$ per Lisk in very near future is quite real.
So, buy Lisk, sit back and relax :) at least thats what I just did
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