POLONIEX:LSKUSD   Lisk / US Dollar (calculated by TradingView)

The Lisk course exploded from the bottom of 2016 to the last peaks of 2019. The resistance at 2.2 turned out to be strong enough to act as a supply zone , which is understandable due to the long consolidation at that place in 2019. What is the plan:
The price after such big increases will probably fall to 618 fibbo (green box). After posting this level, I expect a rebound around the last maxs on LSK. If the demand side turns out to be strong enough, we can break the level of ~ $ 2.2 and go further. However, at this moment it is best to wait and see what will happen. Bounce back (red box) is very likely and possible 100% profit.
Comment: "Bounce back (red box)" ofc i mean green box. Sorry
Comment: Ss you can see we have approached fibo 619. I think that the reflection may take a bit longer and the course will go even lower. How low I think max to 1.0 $
Comment: further increases in the long run. In a short time to fall below $ 1.3 or maybe $ 1.2 and another rebound to the level of the trend line.


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