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Possible breakout imminent for LISK

Lisk has tested strong resistance at 1.35$ multiple times which is the 0.236 retracement from ATH and a daily close above could mean the beginning of a new impulse to the upside. Given the impulsive nature of the previous breakout to the upside which concluded on FEB 2020 and reached a price of 2.80$ and the extensive consolidation since then (rounded bottom), breakout of 1.35$ could be the beginning of a wave 3. Lisk has a tendency to move very fast so buying on the daily close above 1.35$ is a possible entry point.

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