INTERPRETATION
Strong foundation & promising project makes
LSKBTC a strong long-term hold. Short-term buy signals present.
POSITIONS
bought @ 20000
TARGETS
- Long: $100 LSK/USD (prediction based on non-technical evaluation)
BUY SIGNALS
- T&K bull cross
- Price-T&K cross
- Price-Cloud entry & breakout
CAUTIONS/CONFIRMATIONS
- 0.236 fib resistance breakthrough w/other buy signal retained to result in continual bull run
- current selling pressure to drive price back down; test will be to resist Price-Cloud bear entry
Strong foundation & promising project makes
LSKBTC a strong long-term hold. Short-term buy signals present. POSITIONS
bought @ 20000
TARGETS
- Long: $100 LSK/USD (prediction based on non-technical evaluation)
BUY SIGNALS
- T&K bull cross
- Price-T&K cross
- Price-Cloud entry & breakout
CAUTIONS/CONFIRMATIONS
- 0.236 fib resistance breakthrough w/other buy signal retained to result in continual bull run
- current selling pressure to drive price back down; test will be to resist Price-Cloud bear entry
Trade active
https://www.tradingview.com/x/Ys5eYhNo/TARGET- Short: 25800 (based off of extrapolation of previous bull run)
CAUTIONS/CONFIRMATIONS
- resistance @ 24000 to be tested
Note
TARGET- short: 25800 (based off extrapolation of previous bull run)
CAUTIONS/CONFIRMATIONS
- resistance @ 24000 to be tested
Trade closed: target reached
POSITIONsold @ 26000 (short position target @ 25800 met)
INTERPRETATION
Continuing to hold for the long position is a valid stance as LSK in the long run is likely to continue its bull run.
Trade active
POSITIONbought @ 21000 (target 28600)
INTERPRETATION
Updated graph & extrapolation data. Last target was based on different set of data.
Note
INTERPRETATIONNext bull run extrapolation was estimated too early or completely missed. Definitive answer w/additional evidence within the next few hours. Entry will likely be the same (~21000) w/target reassessment if confirmed bull run.
Trade active
POSITIONEntry 100% @ 21600 (Target @ ~29200)
BUY SIGNALS
- Extrapolated return & steep bull run
CAUTIONS/CONFIRMATIONS
- T&K bull cross (result will be the steep bull run)
- Price-T&K bull cross (1/2 complete)
Note
CARDANO GRAPH INPUT BY MISTAKENote
INTERPRETATIONExpected short term bull run was met w/too much selling pressure & no imminent immediate rise. Likely to trade sideways for a period. However, Lisk traditionally does not stay down for long & will not only recover but will continue its bullish behavior. RSI entering the oversold territory tends to result in immediate turnaround.
POSITION
Hold
SELL/HOLD SIGNALS
- T&K bear cross
- Price-T&K bear cross
- Price-Cloud entry w/likely break through thin cloud
Trade closed: target reached
FINALOpened @ 20000
Closed @ 26000
Net @ +30%
All long positions held.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.