As you can all see this is a clear chart that shows the setup for ICN's next wave in Iconomi's price rise. ICN has always been a great project and the crypto currency space is beginning to notice that again.
As shown in the graph Lisk has been on a mid term pattern of reaching the top of shown channel and then dropping near the bottom of it within a 80-85 day average for the average total wave, within this 3rd wave that we are on we have not yet seen Lisk touch or get near the top channel therefor leaving a great room for reward if Lisk does play-out this way. The...
Following a very nice and healthy trendline.
As I said on my previous update, Lisk was on an uptrend, I had stated the possibility of LSK falling bellow that channel and if it did it would find itself bottoming at the nice support line that has been set at 0.00055. This played out well. I now see LSK following this nice comfortable uptrend until the next rally comes.
Lisk has been maneuvering very well with the intense BTC rise that's been taking place. We found Lisk retracing a bit and have found its new support at 0.00061-0.00062. This seems like a nice support Line for Lisk and to me shows that it has great room to go up. If Lisk somehow breaks the support Line at 0.0006 the next support line to be expected will be at...
As long as thinks continue the same this will be the trend to expect Lisk to follow. This will change as soon as it makes a big move. The big move will be Lisk going up. It will not dump so do not expect it to. The bottom was around 0.0003. From here we see when the next up-trend is like, as its possible it could run into a more intense up-trend channel.
ETH has been on a downtrend and it will continue to follow the channel.
At this moment ETH is on a downtrend and has been on one for a few days now. ETH is close to reaching the top of the channel at around 0.0259 - 0.0263 then will continue to follow the channel. I share this to show some insight on what I am predicting but will not be trading.
Count on it. Don't listen to these guys on the Chatbox, trust me you'll begin to lose your money just as they are.
This looks like a great place to open a long position at. The downtrend has continued for 2-3 days and the market has shown to recover itself within that amount of time frame. The damage was already done and was sustained very well when having hit the bottom at 0.0248. It may go sideways but I call ETH going up within tomorrow or Saturday and setting up for its...
Have been seeing signs from the initial dip, forming the same patterns as the dump that took place on Feb 12. I supposed the downtrend will last til very early morning to mid-day 03/7/2016