belgian93

LSK to have big breakout in < 4 days (ETA: 28-6 00:00)

POLONIEX:LSKBTC   Lisk / Bitcoin
Lisk is doing good, real good. LSK/BTC is now up 150% since previous month (24-5).
24th was the day after the first major upwards breakout (100%) for Lisk.

As illustrated on the TA we see that after the first bullish breakout we see a pennant forming.
After wich surely another breakout followed (initially 100%, to be boosted almost up to 200%)

Is what we are seeing now, another pennant , an indicator of what is to follow?
Possibilities:
  • Bullish breakout 1 (blue): Repeat of previous breakout in volume with small bear trap (rip weakhands) INIT: 182K sat TARGET: 210k sat
  • Bullish breakout 2 (green): Breakout with same volume as previous breakout. TARGET: 210k sat
  • Bullish breakout 3 (purple): 100% Breakout (out of the 3, most unlikely but LSK seems to like 100% breakouts) TARGET: 243k sat
  • Bearish breakout (red): Let's not?

So keep track of the volume of LSK trades in the next couple of days, when it starts to increase, it is time to board the train.

Added symbols, people like symbols
Great overview...Do you think it can cross 300k in the next month?
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