LudwigStirner
Short

Uptrend coming to an end for LISK?

POLONIEX:LSKBTC   Lisk / Bitcoin
The solid bull run has taken Lisk price into overbought territory. So a long-term correction could be on the chart for LSK coin because a news about rebrending could possibly contributing to price drop .

Right now, Lisk's RSI reading of over 73.1 is used to identify an overbought condition (signal to sell), which is clearly in the overbought territory and an indication that a long-term correction is due for several months.

The bearish sentiment is also reflected by the Bollinger Bands indicator. Lisk price is currently in close proximity to the upper band and a continued rise could see the stock breach the band. These are strong reversal signals, implying that coin price could be headed well lower after rebrending.
buy the rumor sell the news.

i see everyone -literally everyone- screaming "rebranding 20th!"...then in the same sentence they use the words "new logo" as one of the benefits of the rebranding. put yo cash money into Lord Master or the heir apparent for the next month or 2.
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Not accounting for the new volume from relaunch and Chinese New year will bring. Hard to analyse until closer to the 20th imo
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