Possibly in 2nd wave of new bull cycle for Lisk

BITTREX:LSKBTC   Lisk / Bitcoin
Lisk has had a nice ride since March, and has possibly completed a flat ABC correction. Comparing the fractals from the 1st and 2nd wave in March/April with the latest run and retrace after the rebranding dump, it is looking very similar. History does not have to repeat, but with the strong fundamentals of the LISK brand we could currently be in the second wave of the next shot at the moon. Let's see how it plays out. Possible targets would be the 1.618 extension for wave 3 and 2.618 for wave 5, ending around the rebranding date.
It depends a bit on how things develop with bitcoin, but I don't think this idea is accurate anymore. Since the pace of the bitcoin rally is just increasing, it is bound to get a bigger correction soon. When that happens I think altcoins will hurt for a while before they start rallying again. I still believe in these targets, but not so soon. Maybe around summer time.
This still applies?
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