LISK - Cup & Handle Formation, Fibonacci.
Lisk has formed a cup and handle which give us an indication of where the prices could be heading next, the handle shows the support and resistance lines and depending on which one is broken will dictate where the price will head next. Keep in mind that Lisk development team is continuously cutting back their projects, therefore, there is still time to catch the trend before any news comes out or new programs are released like the Software Development Kit. If the support is broken you should use the Fibonacci percentages to indicate where the price is heading next.
- Orange - Resistance.
- Pink - Support.
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