LSKUSD IdeaMaintaining an uptrend
Similar repeating moves in yellow green and red
Bullish as long as the uptrend remains
Liskethereum
Lisk descending scalloppossible short term reversal on the monthly, however low success rate in a bear market, 11/52.
There is a possibility for the beginning of an uptrend in LSKETHTechnical analysis:
. Lisk/Ethereum is in a range bound 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 57.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.009170 to 0.008500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.009170)
Ending of entry zone (0.008500)
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= @ 0.010040
TP2= @ 0.011000
TP3= @ 0.011770
TP4= @ 0.013300
TP5= @ 0.014800
TP6= @ 0.019090
TP7= @ 0.026000
TP8= @ 0.030930
TP9= @ 0.037210
TP10= Free
There is a trading opportunity to buy in LSKETHTechnical analysis:
. LISK/ETHEREUM 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 49.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.010260 to 0.009400). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.010260)
Ending of entry zone (0.009400)
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= @ 0.011770
TP2= @ 0.012310
TP3= @ 0.013300
TP4= @ 0.014450
TP5= @ 0.015700
TP6= @ 0.018790
TP7= @ 0.025810
TP8= @ 0.030800
TP9= @ 0.037180
TP10= Free
There is a possibility for the beginning of an uptrend in LSKETHTechnical analysis:
. LISK/ETHEREUM 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 39.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.011000 to 0.010000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.011000)
Ending of entry zone (0.010000)
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= @ 0.013300
TP2= @ 0.013900
TP3= @ 0.014900
TP4= @ 0.015700
TP5= @ 0.017100
TP6= @ 0.018350
TP7= @ 0.019400
TP8= @ 0.021960
TP9= @ 0.025550
TP10= @ 0.030660
TP11= @ 0.037180
TP12= Free
There is a possibility for the beginning of an uptrend in LSKETHTechnical analysis:
. LISK/ETHEREUM 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 39.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.011000 to 0.010000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.011000)
Ending of entry zone (0.010000)
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= @ 0.013300
TP2= @ 0.013900
TP3= @ 0.014900
TP4= @ 0.015700
TP5= @ 0.017100
TP6= @ 0.018350
TP7= @ 0.019400
TP8= @ 0.021960
TP9= @ 0.025550
TP10= @ 0.030660
TP11= @ 0.037180
TP12= Free
There is a probability of resuming the uptrend in LSKETHTechnical analysis:
. LISK/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.014410 to 0.012660). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.014410)
Ending of entry zone (0.012660)
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= @ 0.017200
TP2= @ 0.018660
TP3= @ 0.019493
TP4= @ 0.021320
TP5= @ 0.022868
TP6= @ 0.024030
TP7= @ 0.026240
TP8= @ 0.031060
TP9= @ 0.037180
TP10= Free
There is a probability of resuming the uptrend in LSKETHTechnical analysis:
. LISK/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.014410 to 0.012660). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.014410)
Ending of entry zone (0.012660)
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= @ 0.017200
TP2= @ 0.018660
TP3= @ 0.019493
TP4= @ 0.021320
TP5= @ 0.022868
TP6= @ 0.024030
TP7= @ 0.026240
TP8= @ 0.031060
TP9= @ 0.037180
TP10= Free
There is a probability of resuming the uptrend in LSKETHTechnical analysis:
. LISK/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.016100 to 0.014556). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.016100)
Ending of entry zone (0.014556)
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= @ 0.017200
TP2= @ 0.018660
TP3= @ 0.019493
TP4= @ 0.021320
TP5= @ 0.022868
TP6= @ 0.024030
TP7= @ 0.026240
TP8= @ 0.031060
TP9= @ 0.037180
TP10= Free
