Hello, we were looking for alts to invest in as the btc dominance is going down (see the related idea). Well, after Zcash, Lisk is perfect right now as:
1- it broke the descending trendiline upwards;
2 - it will halve on the 28th of September, so the price should start its run;
3 - the price just reentered the turquoise retracement area after months.
Unfortunately, I do not have any clue about the target at the moment. We will have to monitor this closely.
There is some risk involved as it could retrace a little from here to retest the triangle. So, will the halving hype or the technicals win?
1- it broke the descending trendiline upwards;
2 - it will halve on the 28th of September, so the price should start its run;
3 - the price just reentered the turquoise retracement area after months.
Unfortunately, I do not have any clue about the target at the moment. We will have to monitor this closely.
There is some risk involved as it could retrace a little from here to retest the triangle. So, will the halving hype or the technicals win?
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Or simply you don't want to risk it?
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