LISK (LSK) Target $29.59 (364% Profit Potential) via Extended 5th...What does this mean? Find out in this blog!!
SUMMARY
The below chart od LISK (LSK) shows that blue waves 1,2,3 and 4 are complete. Blue wave 5 is currntly in progress and its white roman numeral subwaves are marked. This means that blue wave 5 is cureently already extended and could extend higher more. Target is $29.59 or 364% profit potential.
Here is LSK/BTC pair....what a beaut! This clearly belongs to the Cup & Handle species and it completed the pattern and confirmed it when price brached the handle formation. Now, it's a matter of completing the impulse waves UP towards 0.0208 BTC target,
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Laddering and Buy/Sell Setups.
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
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LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
Loving what lisk is proposing !
Is lisk still on the rigth track? Or it wont be as extended like we were hoping? Ty!
Thanks for sharing, really useful information!
This is great @haejin . Lisk is and will perform, so i'm in for today.
vote done follow me and vote me for more votes
Cup & Handle 100% +++
$28 would be excellent.
Hey @Haejin,
I am wondering if your target of 0.0208 BTC is right or did you mean 0.00208 BTC? I made a quick TA for LSK and my target for the upcoming fifth wave would be 0.00208 BTC.
Please correct me, if I'm wrong.
Thank you
Greetings @ddot
0.0208 is the correct number, LISK is showing a cup and handle, you are reference a "jaws" scenario.
Massive dip at the moment - maybe due to BTC surge ?
Just added some LISK, hope all a massive profit!!!!!
AND..... it's popping!
Thank you for your TA.I can see3 red retractable vawes.They are showing price will deep under present price.Is that correct?
It has taken its dip now 🤔 I wonder if due to btc Price surge but hopefully goes back towards projected targets