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LSKBTC

LSK (Lisk) Technically a good setup!Lisk shows us a very nice short-term reversal point! LISK crossing area consist of: 1. Strong support/resistance 2. Historically strong trendline 3. Round number 800... 4. Fibonacci extension 141% So if we get the bounce from here then sell around 9-18% I tell when to sell and when to sell when to trade turns against us! This is tehnically a good setup and I excpet that BTC moves a little bit sideways or upwards some days so... If BTC drops everything drops again so be carefull Good luck!
Long
by VaidoVeek
9
$LISK #LSKBTC - THE MOST INTERESTING CHART PATTERN OF THE WEEKHello Lads and Ladies, Today we are looking into LSKBTC which is mentioned almost daily in the frequent discussions. Starting mid February and ending in the begging of April LSKBTC has been in a very strong downtrend. From such a heavy downtrend it is normal that cryptos tend to make a move sideways with a slight increase and not make any big moves too fast. As wee see it charted there is a green increasing resistance line, that can be taken as an indicator for the new uptrend. ANYHOW the chart is still affected by the previous downtrend which we see it locating itself in the red decreasing triangle. Here it is very interesting to see how the chart movement from the beginning of the year still has an affect on the chart and everything else just seems to be a big breakout which was doomed since the beginning (pay a close look how far the decreasing red triangle is reaching back). Luckily we are relatively coming to an end of this "triangle of doom" as I like to call it sometimes. The chart is right now pretty much in the middle of it, it has to decide where to go and if it ready to leave this triangle or will it still follow it. The crucial point about this is that if it leaves the triangle, we might see a new trend. The possibility that it breaks down lies at around 40% here it would most likely fall down to the 52000 crucial support. Yes, it would have a major bounce back, but it would take a lot of energy and volume to turn that into a real uptrend. Therefore, the better bullish scenario would be if it leaves the triangle towards the slight uptrend. Here the chance that this happens lies around 60% since the downtrend is now very long/stretchy and really not that effective anymore, which indicates a good turning point. Therefore, in case of a bullish movement the chart should locate itself at the green ellipse area, just a temporary stop and stay around this level to confirm the uptrend. This also gives it the chance of following a very nice channel, which you can see with the green arrows. Also keep in mind that when it leaves the triangle it will at least touch the uptrend line, so the longer it takes for it to leave it, the bigger gains are awaiting you. Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins. Cheers, Tomas
by KongTrading
2
Lisk(LSK): One Of The Best Crypto Investments You Will Ever MakeLisk (LSK) is by far one of the best investments in the crypto markets as far as risk/reward and profit potential are concerned. The coin is also currently at a very favorable point and presents an attractive buying opportunity. The price is currently trading at $11.87 and is almost at the bottom of the bullish channel. The risk reward ratio on a trade made at this point would be 56! It is pertinent to note that most traders are glad to find a trade with risk/reward ratio of3 or 4. The profit potential is also very lucrative. If you invest $1000 in Bitcoin (BTC) right now and the price reaches $100,000, you might end up with around $10,000. However, if you buy Lisk (LSK) right now and the price reaches $377 most likely before Bitcoin (BTC) reaches $100,000 you will end up with $32,000! This is a big reason why most crypto investors are turning to high potential altcoins like Lisk (LSK). Read Detailed Analysis: cryptodaily.co.uk
POLONIEX:LSKUSDLong
by Jefe
1
There is possibility for the beginning of uptrend in LSKBTCTechnical analysis: LISK/BITCOIN is in a range bound and beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 58. Trading suggestion: The price is in a range bound, but we forecast the uptrend would begin. There is possibility of temporary retracement to suggested support zone (0.00122 to 0.00100), if so , traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.00122) Ending of entry zone (0.00100) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00156 TP2= @ 0.00173 TP3= @ 0.00220 TP4= @ 0.00288 TP5= @ 0.00336 TP6= Free
Long
by ForecastCity
There is possibility for the beginning of uptrend in LSKBTCTechnical analysis: LISK/BITCOIN is in a range bound and beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 58. Trading suggestion: The price is in a range bound, but we forecast the uptrend would begin. There is possibility of temporary retracement to suggested support zone (0.00122 to 0.00100), if so , traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.00122) Ending of entry zone (0.00100) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00156 TP2= @ 0.00173 TP3= @ 0.00220 TP4= @ 0.00288 TP5= @ 0.00336 TP6= Free
Long
by ForecastCity
3