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Lisk

Did you notice a chart pattern before the directional move?The Lisk coin has formed the double bottom formation near the 2022 year’s lowest level. The price action of Lisk Coin is providing an upward parallel channel in the context of the daily price chart. LSK Coin managed to sustain price above the 100-day moving average, which acted as a bullish barrier. The daily price chart of Lisk coin is trading above important moving averages such as the 20,50 and 100 EMAs. The 20-EMA acts as a support level for the buyers. And recently the bulls took support of the 100-EMA line, which ensures the stability of the bullish momentum. On 28 February, the RSI and MACD indicator generated bullish signals, where the RSI managed to stay above the halfway line (50-point) and move above the uptrend line (blue). And MACD lost negative region and moved above neutral zone. There is no doubt that the bulls are aggressive on buying the riskier coin and they continue to push the price higher. And the technical indicators are also in favor of the LSK holders and the bulls may take a rest after reaching the next resistance level of $3.0. Resistance level- $2.4 and $3.0 Support level- $1.40 and $1.0
Long
by TheCoinRepublic
$Lisk approaching a critical mass eventAt first blush there seems to be a lot going on here but spend just a minute to examine the trend lines and thier origins. They're showing you where we'll find support on a bearish move, or resistance on bullish move, far into the future. This is a weekly scale, log chart. Fundamentally, Lisk hasn't been the most exciting blockchain project. However, what they have going for them is consistent development, a low bar for entry to devs already very familiar with JS and a track record of relentless development and sound business practices. Technically this chart *strongly* favors bullish continuation. A target #1 at $10.44USD on a bullish breakout of the symmetrical triangle comes with a healthy R/R at about 5.5. This target #1 also coincides with a D completion on a bearish bat pattern at that same level. A full send move on strong volatility to a target #2 at only $40 comes with a whopping 18.46 R/R. Both scenarios assume a stop loss set at minimum $2.15 In any event, my target is north of $100- then things start to get interesting. Good Luck!
BINANCE:LSKUSDLong
by ninjabenja
10
LSK (LISK) lateralizingLSK has a very ugly long-term chart. On the daily, it looks like it's in a "Shoulder-Head-Shoulder" pattern, however the Stochastic, RSI and ADX indicators indicate a sideways move with a possible rally. If the BTC rises it can only follow later. However, now is not the best time to position yourself on altcoins. I would particularly be left out. The risk return would be approximately 1 to 1, which should be reflected if it is really worth it. "Not to act is also to act. Sometimes the best thing is to do nothing."
BINANCE:LSKUSD
by andre_007