Liskdollar
LSKBTC Degeneracy Reversal An idea for LISK
I feel on the USD pair that the upper band of the parallel channel will soon be broken, and upward momentum will proceed
On the BTC pair evident 'degeneracy' will soon reverse with a bottom formed, this is more commonly seen among altcoins these days as BTC.D is dumping
Chart was requested
I am neutral on LISK
Interesting chance on LSKUSDT for mid term tradersLSKUSDT is looking interesting after forming an ascending triangle. the pattern has confirmed after the price broke out the trendline resistance and retested it on the daily timeframe.
The price now is 4.23$. So far we have 3 resistance levels as follows:
level 1: 6.24$
level 2: 8.81$
level 3: 11.36$
stop-loss level: 3.83$
Good luck my LSK freinds..!
There is a possibility for the beginning of an uptrend in LSKUSDTechnical analysis:
. Lisk/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. While the RSI downtrend is not broken, bearish wave in price would continue.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (2.79 to 1.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (2.79)
Ending of entry zone (1.70)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 4.72
TP2= @ 6.00
TP3= @ 7.19
TP4= @ 9.95
TP5= @ 11.63
TP6= @ 14.57
TP7= @ 17.31
TP8= @ 33.05
TP9= Free
A trading opportunity to buy in LSKUSDTechnical analysis:
. LISK/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (2.79 to 1.41). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (2.79)
Ending of entry zone (1.41)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 4.72
TP2= @ 6.00
TP3= @ 7.19
TP4= @ 9.95
TP5= @ 11.63
TP6= @ 14.57
TP7= @ 17.31
TP8= @ 33.05
TP9= Free
A trading opportunity to buy in LSKUSDTechnical analysis:
. LISK/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (2.79 to 1.41). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (2.79)
Ending of entry zone (1.41)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 4.72
TP2= @ 6.00
TP3= @ 7.19
TP4= @ 9.95
TP5= @ 11.63
TP6= @ 14.57
TP7= @ 17.31
TP8= @ 33.05
TP9= Free
A New Opportunity To Buy in Lisk ...Technical analysis:
. LISK/DOLLAR is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (10.00 to 07.00). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (10.00)
. Ending of entry zone (07.00)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 15.00
TP2= @ 17.50
TP3= @ 20.10
TP4= @ 25.00
TP5= @ 34.00
TP6= @ 41.40
TP7= Free
A New Opportunity To Buy in Lisk ...Technical analysis:
. LISK/DOLLAR is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (10.00 to 07.00). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (10.00)
. Ending of entry zone (07.00)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 15.00
TP2= @ 17.50
TP3= @ 20.10
TP4= @ 25.00
TP5= @ 34.00
TP6= @ 41.40
TP7= Free