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Lskusd

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!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
18
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! :) ``````````````````````````````````````````````
by PolarHusk
8
LSK/BTC (Bullish Triangle Pattern?)LSK/BTC -we can see a clear rejection of flat area of resistance at 1400 -the price pullback to the 50ma dynamic support range -bulls keep a series of higher lows which will give potential breakout -technically, it is forming a bullish ascending triangle -a confirmation upside breakout is the only thing we are waiting -the potential upside target is up to 1700-2000 range or higher -invalidating my bullish bias if the ascending trendline is broken down
Long
by PolarHusk
3200% growth with the miracle of JavaScript programming languageTechnically, by crossing the Ichimoku clouds, one can easily expect 3200% growth for LSK. Fundamentally, this currency is the basis of the JavaScript programming language, which is currently the most common programming language in the world. Previously, in other coins such as Atrium and Bitcoin, we did not have the JavaScript programming language, and this can be a very good and high growth in terms of lsk digital currency. Please trade and sell according to your opinion and discretion
BINANCE:LSKUSD
by khanjani_crypto
Lisk Has Entered Low Interest Zone | Be Ready For Bullish MoveOn 7th Feb 2020 I posted an article where we have seen that the priceline of Lisk was moving towards $1.67 resistance level. And I predicted that if the price line will be able to breakout this resistance then it we can easily target the point of control of the volume profile of the complete price action of the Lisk. And we have seen that after breaking out the 1.67 dollars resistance level the price action even moved beyond the POC of volume profil. That was more than 65% bullish move but from 11th Feb 2020 up to 13th March 2020 the priceline turned very strong bearish and dropped down. As I have placed the volume profile on the complete price action of Lisk and as result at that time we had the trader’s interest very low below $0.98. Therefore when the price action moved down than that level then it moved up again. And at this time it is moving sideways. Strong support of 100 SMA: If we switch to the 2 day chart then we will see another very strong support that has stopped the price action to drop down more. And this support is 100 simple moving average. Even though we can see on the candlesticks of 11th, 13th , 15th , and 17th March 2020 the price action has been moving down below this simple moving average but no candlestick has been completely opened and closed below this support therefore so far the Lisk is failed to breakdown the strong support of 100 simple moving average on 2 day chart. Down channel: Now if we switch back to the daily chart then it can be clearly observed that the price of Lisk has formed a down channel. We have recent two more touches at the resistance of the channel one is on 20th March and other one is on 23rd March 2020. After that the priceline is likely to move down but this time it can be expected that the priceline will not hit up to the support of this down channel. because the bollinger bands is expanded up to $0.72. Once the price action will touch at this bollinger band support then it will stop the priceline to reach up to the support of the channel. Formation of bullish BAT can lead the priceline down for short term: Lisk is taking another move that is showing the tendency of moving down on short term time period. That move is the formation of bullish BAT pattern on daily chart. We can examine first leg was started on 13th March and it has been completed on 20th March. After that the price action is retraced between 0.382 to 0.50 Fibonacci level. That is the first confirmation of BAT pattern. Then B to C leg is projected upto 0.886 Fibonacci projection level and this is the projection of A to B leg. Now if the final I will be completed then we can expect the retracement between 0.786 to 0.886 Fib level that can be from $0.70 up to $0.62. But I am not expecting that any candlestick during this bearish move will be closed below the 100 simple moving average support on 2 day chart that we have discussed earlier. We can have only a spike up to this level of potential reversal zone of this bullish BAT. And from this potential reversal zone the price action can again take another powerful bullish divergence. The volume profile is showing more positive results: Now if we see the volume profile of a complete range of List price action then we receive more positive results. In my previous post the traders interest was very low below $0.98 but now we can see that the traders not interested to trade below $1.15. And previously we had the point of control of the volume profile at $2.09 and this time the point of control of the volume profile is moved little bit more up to $2.15. And at this time the price action is moving in the area where the interest of traders is very low therefore the price action can again take another powerful bullish divergence to hit at least up to point of control of the volume profile and that is $2.15 very soon. Conclusion: After hitting the channel’s resistance the priceline can move down little bit more on short term to complete the BAT pattern. But eventually it will be turned again bullish and break out the resistance of the channel and we can expect the bullish rally at least up to $2.15. So this time it can produce upto 246% profit. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
Long
by moon333