Daily candles Lisk pattern?Just for fun.OK, here's daily chart of Lisk at poloniex. I noticed that we had 1 big green candle + 6 mostly neutral smaller candles and again 1 big green. Now we have another 6 after big green. Size of Big Green candles is very similar. So if this is kind of pattern and it is not ending yet, we should see now another big green candle with similar size like others. Well, to be honest it would be too nice to repeat it, but I decided to publish this as a fun-chart. I don't know if this "pattern" will happen again but it looks pretty interesting to me. Good luck!
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Oh yeah! Daily Lisk is bullish!All details at chart. Possibly and not-greedy target for 2nd leg of potential uptrend (first real uptrend in Lisk lol) is area between 55k (one of the highs) and .382 fibo corresponding with my old target of higher high. The big triangle is old story and Lisk did huge fakeout-down just to get back on bull track with that daily bullish monster. Of course Lisk market are not used to play uptrend so market now is not sure, frightened and shy. Buy zone was obviously all below 40k but first below 45k. In long run all below 50k should be "cheap". Conservtive traders can wait to break 50k with stronger buy signal. MAs above 60k are not good for daily Lisk, but even that we can see nice bull touch of 50ma by daily green.
Going into LISK nowLSIK seems to be a very interesting alternative project to ethereum and could be huge underrated right now. I will start to follow up LISK here a bit, seeing a healthy bottom forming right here.
I will still hold some ETH but tending to switt over the next days and weeks considering the market conditions and opportunities.
Today LISKBTC went 20% up so far, outnumbering the 20$ rise BTC made today, while ETHBTC went 10% down.
