Our appointment with lsk is coming up soonOur appointment with lsk is coming up soon
cup and handle
buy range
1.80 - 2.05
target 1: 2.30
target 2: 2.89
target 3: 3.38
stop close under 1.65 1day
LSKUSD trade ideas
Lisk Getting in motion after a long time..!!??As we are seeing lisk as made an immense growth in past
Now it has made cup and handle formation with and bull flag which may lead as to a massive growth in coming month.
this the alt you don't wanna miss.
we are expecting a 100% growth in this alt
hold and trade safe
always have a stop loss in your mind.
Happy trading
LSKUSD Who turned on the MM?Big advantage, more buyers than sellers
Total books: $1,954,121.28 (+1.21%)
Global Bids: $1,256,865.95 (+0.2%)
Global Asks: $697,255.33 (+3.04%)
24hr Volume: $1,089,948.24 (+24.62%)
Lisk / USD Technical Analysis: Getting Back To SpeedLisk / USD Short-term price analysis
Lisk has a bullish short-term outlook, with the cryptocurrency building strength above its 50-period moving average and trading back towards the best levels of the year so far.
The four-hour time frame shows that bearish price patterns are being invalidated, as LSK / USD buyers retain firm control of price-action in the short-term.
Technical indicators are still bullish on the four-hour time frame, although they are showing signs of possible upside exhaustion.
Pattern Watch
A bullish breakout from a descending triangle pattern is currently underway on the four-hour time frame.
Relative Strength Index
The RSI indicator on the four-hour time frame is correcting from overbought territory.
MACD Indicator
The MACD indicator on the four-hour time frame is conflicted, with the MACD signal line generating a bullish signal while the MACD histogram is turning lower.
Lisk / USD Medium-term price analysis
Lisk has a neutral medium-term bias, with the cryptocurrency trading back towards its trend defining 200-day moving average.
Bullish signs continue to emerge on the daily time frame, with buyers probing the neckline of a large inverted head and shoulders pattern.
The March 15th trading high and the LSK / USD pair’s 200-day moving average are currently the strongest forms of technical resistance above the neckline of the bullish pattern.
Pattern Watch
Traders should note that the upside target of the bullish inverted head and shoulders pattern would take the LSK / USD pair back towards levels not seen since mid-November 2018.
Relative Strength Index
The Relative Strength Index on the daily is bullish, although it has so far failed to create a new price high.
MACD Indicator
The MACD indicator on the daily time frame is showing a bullish bias, although the MACD signal is approaching overbought conditions.
Conclusion
Lisk is edging back towards the best levels of the year, as overall dip-buying demand for the cryptocurrency remains strong over both time horizons.
If bulls can move the LSK / USD pair above its 200-day moving average and ignite the large bullish pattern on the daily time frame, further strong medium-term gains remain the most likely scenario.
LISK LISKUSDLisk alike to bitcoin should rise some more before any moderate decline.
Reach: 1.4... usd
H&S Pattern in Lisk/USDAs you can see there is an H&S pattern is going to happen. I believe in the green are we can set our entry and the target will be around 2.16. The best SL will be around 1.06.
LISK price predictionThe one-year forecast for this cryptocurrency is around $2. Within a five-year timeframe, it is expected to rise to $50. This ensures that you will be able to get a significant amount of return within a five-year period.
The main reason for the astronomical rise in the prize of this cryptocurrency is the blockchain on which it operates. It makes it much easier for the developers to use the blockchain to deploy their applications. This ensures that in most of the cases, the developers are able to just code and deploy an application without a lot of steps in between. Owing to the ease of use of the blockchain, the platform is slated to garner more and more users in the near future. This will also help the platform increase the value of the token which reduces as well. This is the reason why the cryptocurrency will also increase in value pretty soon.
As a cryptocurrency token, you need to keep in mind that it is more stable as compared to some of the other volatile cryptocurrencies. This will ensure that if you’re looking for stability, it will indeed become possible for you to gain stability with the help of this cryptocurrency.
Thus, whenever you’re looking to invest in a cryptocurrency which can provide you with a reasonable amount of stability along with returns over a one-year period and also over a five-year period, Lisk is the one in which you should think about investing. Once you are able to invest in it, you will not only be able to diversify your portfolio will make good returns as well.
There is a possibility for the beginning of an uptrend in LSKUSDTechnical analysis:
. Lisk/Dollar 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 41.
. While the RSI downtrend is not broken, bearish wave in price would continue.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (2.79 to 1.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (2.79)
Ending of entry zone (1.70)
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= @ 4.72
TP2= @ 6.00
TP3= @ 7.19
TP4= @ 9.95
TP5= @ 11.63
TP6= @ 14.57
TP7= @ 17.31
TP8= @ 33.05
TP9= Free
There is a possibility for the beginning of an uptrend in LSKUSDTechnical analysis:
. Lisk/Dollar 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 41.
. While the RSI downtrend is not broken, bearish wave in price would continue.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (2.79 to 1.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (2.79)
Ending of entry zone (1.70)
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= @ 4.72
TP2= @ 6.00
TP3= @ 7.19
TP4= @ 9.95
TP5= @ 11.63
TP6= @ 14.57
TP7= @ 17.31
TP8= @ 33.05
TP9= Free
Lisk quick update. But I thought Lisk was going to 300$Haha
So, all my "overly bearish" targets got reached except 1$ - not yet - and the price bounced as I expected. Every time it went a bit below, giving buyers a nice discount.
If I wanted to trade this, idk maybe I will, I would zoom at my target and look for signs of the dump slowing down. I would also look at where Bitcoin is.
But I will probably not trade this, can't be bothered trading alts tbh. If Lisk does not exit scam I might spend some time looking once again at what they do and accumulate some at a few cents.
Keeping this one simple.
Watch it drop to 1$ and tell me again how Lisk is going to several hundreds of dollars and my 2.50$ target was ridiculous :)
I guess, maybe, ~ 1$ will be reaccumulation, then bull market 6 months with Bitcoin, and then drop to a few cents. We will see.
Can't broke the downtrend for second test ...We have broken 3 resistances 4.44$, 4.50$ and 4.60$ and price have moved from 4.38 to 4.70$ in which we have touched the downtrend and failed to broke it for the second time ... LSK have fallen down now to 4.44$ which is still a strong support ...
If btc will fall down now, maybe we will see lsk in 2.50$ again ..
let's wait and see ...
