Lisk after rejection of SHS formation came back to downward trend. I see another fifth wave count to happen.
Lisk alike to bitcoin should rise some more before any moderate decline. Reach: 1.4... usd
Lisk is undervalued and looks like finished declines. At the moment SHS gives us potential for an increase.
Good day, As plenty of other altcoins, wave count suggests temporary local spike with further finishing global downward movement decline.
It is very possible that we are seeing wave C being drawn. It should be a 5th wave structure with reach of approx 4800 usd. In my opinion we are not done yet with general downward movement, but I could accept opposite version if we cross wave 1 in circle price.
Seems to have some rebound if BTC is still evolving upwards. First range 8200 sat, then correction and yest another spike to higher 8k sat
Seems like general correction is over now, but we need confirmation done by overrunning "4" high /JUNE/.
Please examine my counting and let us debate about the following price movement idea...
Potentially we got another drop to go before general rebound. Last "c" low may be the last one, however, I expect siacoin to depreciate some more now.
Present price is testing C low, and this is crucial for wave count- if "C" is exceeded we can assume lowering to "E" letter, otherwise sure and strong impulse should occur now. Let's hope the best.
Even though Bitcoin has a tendency for lowering in price, meanwhile some alts can appreciate to Bitcoin. I would trade for 13k sat.