LSK ANALYSIS: LSK has rocketed over 30% in a day and cleared the daily resistance block. It looks like buyers exhausted on the final pump, as the daily wick has been rejected since maxing out at over 2800 sats. The retrace has begun, bringing LSK down to 2400 sats. Stoch and RSI are majorly overbought and a healthy correction is expected. The short term targets...
As you can see both alts 'flatlined' after a large retracement, Lisk has already begun a reversal, DNT will likely reverse also. I have seen alot of charts like this lately where there is a flatline zone, and a reversal has begun to take place.
I am long LSKBTC, a 9 13 9 in the monthly chart, could not have asked for more than this. Lisk is a great project, just check out there github and you will find out, that they are developing like fools! I think it is an under the radar project, not getting the media attention that it should, but that's just my opinion.
World'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...
Triangle forming on LISK. Wait for break above the green line to get in with stop loss below the red line. Target is 939 and 974 respectively. RRR is 3.7
possible short term reversal on the monthly, however low success rate in a bear market, 11/52.
If LSK's history rhymes with NANO's Kraken listing then we should expect a 10-15% pump and dump. Expect price to drop just as quickly once arbitragers get their bags filled and Kraken's price reaches equilibrium with other exchanges. Happy Trading... Please hit the like button if you'd like to see my sell targets. This is not financial advise. Trade at your...
LISK; rising triangle, cyper, h&s, cup patterns.. break a leg!
After 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...
Buy : Close to 900 as possible Sell : 1000-1050 Mid-Hold : 1200-1400 Stop : 830
Accumulate : 1180-1200 Sell : 1300-1400 Mid-Hold : 1600 Stop : Under 1150
Fib levels showing LISK may consolidate to around 0.0001446 sats. Histogram and MacD look to be supporting this target area, too. Bigger Fib showing major resistance could hit ~ 0.0002032 for a 40% rise.
$LSK approaching all time lows. Alts are not a safe bet yet with BTC dominance being in the high 60%'s Expect a bounce soon or new ATL... New ATL not likely in my opinion.
In the Lisk , where we see the primary trend as a downside, we have the formation of an upward channel that allows for small profits. In that case you are advised to only go into SHORT positions.
$LSK Testing 3400support level with some bounce signals displaying on lower timeframes... On the daily there is a HUGE dragonfly doji that we will need to follow on the upcoming hours/days... Worth setting some alerts and refresh the picture by EOD #LSK
$LSK Support zone at 3800sats was retested after the run of the beggining April leaving a big hammer candle This could lead us to think that support is holding for now and a new trend up may be up to begin on the following days/weeks. Will follow this coin as I see updates #LSK
Technical analysis: . LISK/BITCOIN 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 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00038500 to 0.00033360). if so, traders can set orders based on...
Technical analysis: . LISK/BITCOIN 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 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00038500 to 0.00033360). if so, traders can set orders based on...