Lskbulls
LISK Gonna BullishHi every one
LISK / USDT
So if you pay attention to the LSK/USDT chart you can see that the price has formed a symmetrical triangle which means it is expected to price move as equal as the measured price movement with hidden bullish divergence. February 3rd at 10 am CET, Max Kordek, CEO and Co-founder of Lisk will host a live AMA on lisk.chat
So there is a hype!
Now our 1st TP will 1.76
LSK is Converging and ready for Breakout1.LSK has broken the resistance of trend line. The trend started from 10 Feb 2020. And it has broken the trend line.
2. Also there is a daily support which has been tested and rejected indicating a strong support.
3. 1310 is the daily support level and is a good spot to enter the long trade.
LSKBTC forming bullish BAT | Upto 34% bullish moveWorld's 59th ranked cryptocurrency Lisk (LSK) with Bitcoin pair is forming bullish BAT pattern and expected to enter in bullish potential reversal zone soon.
Lets have a look on the LSK price action's move:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is suppose to be retraced between 0.786 to 0.886 Fibonacci for a perfect bullish BAT and then the price action will be entered in potential reversal zone of this bullish BAT pattern, then we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: 0.0000728 to 0.0000693 sats
Sell between: 0.0000810 to 0.0000933 sats
So this short term 4hr based chart has potential to produce upto 34% profit.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
LSKBTC formed a bullish Shark | Upto 20% potential ideaAfter completing gartley pattern priceline of Lisk / Bitcoin cryptocurrency formed a bullish Shark pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Stochastic is oversold and has given bull cross.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish .
I have used Fibonacci sequence to set the targets:
Buy between: 0.0000955 to 0.0000910
Sell between: 0.0001002 to 0.0001099
Regards,
Atif Akbar (moon333)
LSKUSD Buy signal-November 8, 2017Hey guys,
There is a break above resistance trend line and bulls should be in charge since prices are outside the bull flag.
Buy stop above recent highs of $5.2 with targets at $7.2 should be ideal.
Enjoy your trading day.
LSKUSD-Do you agree that this is a Long?-31.10.2017 AnalysisHello guys,
It is highly likely that that 28-29.10.2017 double bar reversal pattern with a stochastics buy signal was a retest of the support-previous resistance line at $5.0.
If so, then we expect LSK bull pressure to continue with immediate target at $6.5. For that to happen, there should be a resurgence and closure above the 20 period MA and the resistance trend line at $5.5 or the upper BB.
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LSKUSD NEUTRAL STANCE-28.10.2017Hello guys,
Despite LSK bullish break out above the resistance trend line, LSK bulls are not in the money yet.
USD bulls are pushing LSK prices towards the 20 period MA and support-previous resistance line, and currently $4.7 is turning out to be a minor support line.
Volumes are low and there is a sell signal even though I won’t advise USD bulls to execute according to the signal. If LSK prices continue to close above $4.7 then there is a likely hood that LSK bulls might push prices higher making it a break out-retest.
However, close below $4.1 bull flag base line and 20 Period MA means USD bulls are in charge.
What do you guys think? let me know.
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