LSKBTC
LSK/BTC: New Bull-Run Soon?LSK/BTC failed to pierce through the all time low around 600 sats. Recent price action could signal a new bull run starting soon, take a look at today's massive engulfing candle for example.
The most conservative approach to this trade would be to target Resistance 1, based at last week's high. Resistance would yield higher returns to the cost of higher risk.
LSK/BTC Approaching Major Support!!Hello Community!
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
Lets keep it simple.
We can see LSK/BTC approaching a major support zone around 654 sats. Wait for a bounce with a higher low for confirmation before entering. If it does bounce successfully we can anticipate a run to the next major s/r around 1200. Don't forget your Stop loss and calculate entries on the lower TF''s. Let's watch closely.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Wins
LSK/BTC (Broke Weekly Key Support)💎Technical Analysis Summary💎
BINANCE: LSKBTC
-Lisk broke the weekly key support area around the 1100s sat
-This is confirmed after more bearish candles formed
-Technically, this is not good in the midterm
-As the price started moving on the downtrend market again
-If we see LSK bounce up to previous support
-That would be likely a Bearish retest and continue lower
-So please be cautious entering this market without a trading plan
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
LSK/BTC (Retest Key Support Area?)💎Technical Analysis Summary💎
BINANCE: LSKBTC
-Lisk Tested the key support area at 1024 sat
-The selling pressure stopped for a bit
-But the Bears are still waiting to strike again
-So I recommend waiting for the channel upside breakout
-To confirm that the Bulls are now back
-And ready to challenge the market
-Upside target is up to 1400-1500 sat
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
LSK the next step!Trade in profit! Push up Like button if you like my reviews and help you understand the current market situation! Subscribe to the channel and stay tuned for trading ideas that are not trading recommendations.
And remember! You must have your head on your shoulders! Do not trust anyone - not even me :)
Thanks to your likes, I understand how many people rated my review positively. I spend my personal time monitoring the market situation and share my opinion openly with you. Please take this moment into account and treat it with understanding.
Can the LSK rise to here?LSK has been down for quite some time and is starting to show signs of recovery to regain balance. Can you seize this opportunity or stand by and watch it move to target areas or possibly drop deeper. It is all about market movements. We are investors, the risk is in your control.
Lisk | A New Round StartsA new group of altcoins is now going bullish... Lisk (LSKBTC) is part of this group.
On this chart, we can notice a fake breakdown marked orange... Prices broke below support just to quickly move back up.
We also see a break of EMA10/50/100 and EMA200 taking place now.
We have a higher low compared to 8-Jan, plus a very strong RSI and a bullish cross on the MACD.
To finish, we have above-average trading volume coming in.
This can all signal that Lisk is ready to grow.
Namaste.
Lisk is breaking out! Buy the breakout.Hey, I am back with another idea, this time looking at another altcoin that has come to my attention.
Lisk is breaking out of the resistance area, same as KAVA, WAVES and ZIL did! Check out my few last ideas to see for yourself.
The tactic remain unchanged, buy the breakout!
TP $2
Happy alt season!