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.
Liskusd
Lisk Is Has Taken 424% Bullish Move | Should We Buy Here?Since Dec 2018 the Lisk started forming the bullish Butterfly pattern on 2 week chart and after final leg was retraced between 1.27 to 1.618 Fibonacci and this was the final potential reversal zone of this pattern from where the priceline was supposed to take bullish divergence at any time and at last in Jan 2020 the price action gave a new year surprise to its holders and traders and took a very powerful bullish divergence and gave more than 424% gains from lowest $0.29 to recent highest $1.52 and now the price action is in 0382 to 0.786 Fibonacci projection of A to D leg of this bullish Butterfly pattern.
The Oscillators And Idicators:
On long term month chart If we see the oscillators and indicators then it can be clearly seen the moving average convergence divergence (MACD) is turned strong bullish as the histogram is appeared in green indicating that the momentum has been completely shifted in favor of bulls and moving averages of MACD has also given bull cross in the meanwhile the stochastic has given bull cross from oversold zone and relative strength index (RSI) is still in oversold zone its mean that RSI has still very vast capacity to move up.
An Alligator Mouth A Very Strong Bullish Signal:
If we see the move of simple moving averages with time period of 25, 50, 100 and 200 then 25 SMA has crossed up all moving averages and after that the 50 SMA has crossed up the 100 SMA and soon it will cross up the 200 SMA and this golden cross can produce a very strong wave and once we have the order of moving averages from down to top as below:
200 SMA then 100 SMA then 50 SMA and then 25 SMA above all
Then a complete alligator’s mouth will be opened then the most powerful rally can be started.
When the alligator’s mouth was opened in May 2019 it leaded the price upto $4.6.
How Can We Enter In This Bullish Move?
At this time the price action is very closed to the price level $1.67 where it could not resist in Jul 2019 and dropped more than 73%.
But if we see the visible range of complete price action of Lisk then we are far below than the POC of volume profile and traders interest can be seen upto $2.35 very strong and every candle stick is being closed above exponential moving averages 10 and 20.
In my opinion if anyone wants to enter in this bullish trend or interested in buying Lisk here then he/she should wait until the price action completely hits the $1.67 resistance and breakout this resistance coz sofar a correction move is due since it has taken bullish divergence.
Now the price action may have a pull back from this resistance and hit the EMA10 or EMA20 and take a bounce to breakout this resistance or can break this resistance without any correction.
The secure buying would be needed an aggressive thinking and that would be: we should wait for breakout from this resistance and wait for some correction most of the times when the price action breaks the resistance then it retests the previous resistance as support so after breaking out the resistance we can place buying at $1.67 and also use this support as our stop loss and in this case if the price action doesn’t break down the $1.67 support then we can easily target the POC of volume profile at $2.35.
However I will keep posting more updates on Lisk when receive any developments.
Regsrds,
Atif Akbar (moon333)
LSKUSD - bullish ascending triangle (shortterm trade)Hey guys, I'm taking a shortterm LSKUSDT trade.
Looks like an ascending triangle on the 4 hour chart.
25% Upside Target...
Happy Trading
District0x Vs Lisk ComparisonAs 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.
LSKBTC - 9 3 19 TD SEQUENTIALI 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.
LSK forgot about the cool project?project description
goals on the chart)
Lisk (LSK), founded in early 2016 by Max Kordek and Oliver Beddows and headquartered in Zug, Switzerland, is a blockchain application platform that seeks to make blockchain technology more accessible to the masses. Lisk focuses on user experience, developer support and in-depth documentations. Lisk’s SDK kit is written in JavaScript so as to allow developers to easily build blockchain applications on the Lisk blockchain and even deploy their own sidechain linked to the Lisk network. The open source Lisk blockchain platform is powered by Lisk (LSK) tokens and operates under the Delegated Proof of Stake (DPoS) consensus model to allow for its network to be secured by democratically elected delegates.
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
LSK above all MAs and ready to move up! LSK has now moved above all MAs and consolidating right under resistance ready for its next leg higher.
We are seeing a cross of the 50/100MA with a rising CMF, which affirms our bullish bias.
We could see LSK head for it next targets above if BTC doesn't see a sharp breakdown.
Thanks guys!
Lisk (LSK) | 32%+ Potential Profits | FREE TRADING SIGNALPair: LSK/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Introduction
Lisk is a next generation platform that allows for the development and distribution of JavaScript based decentralised applications using an easy to use, fully featured ecosystem. Through Lisk, developers can build, publish, distribute, and monetise their applications within a custom built cryptocurrency powered system that utilises custom blockchains, smart contracts, cloud storage, and computing nodes; all from within one industry solution.
Technical Analysis
- See chart
Our Entry Zone
0.0003221 - 0.0003330
Our Targets
1: 0.0003651
2: 0.0004254+
Our Stop Loss: 0.0003102
To make sure you don't miss out on any free signals , follow us on TradingView by clicking on our profile and then clicking the green 'Follow' button.
If you liked this analysis, hit that thumbs up!
Have a good day,
Axsonex Team
------------------------------------------
DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due-diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page. Sources used: Binance Info
LSK on strong support and has been consolidation to end.Lisk has found support on the 1.272 FIB from correction wave back in August 2018. 3 day RSI moving up nicely, with Weekly RSI bottoming out. Lisk will be listed on BitPanda (largest crypto broker in EU) on March 7th which will add more exposure to the project. Also, SDK framework is out and the tools for Lisk to start making serious headway is just beginning. Lisk was patient making sure SCALABILITY and low fees were essential and put themselves on firm footing to make great leaps in the future. Other's literally have less and higher market cap. I will be buying and holding long term from this point. If for some reason the 1.272 were to break around 3000 we would drop significantly to around 1600. Anything is possible in crypto so keep stop losses tight. If you buy right now, you are not FOMOing, unlike some of the other projects that have less potential. Good luck and enjoy the roller coaster.
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.
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! Love this kind of graphLevel to look at are in the graph. will wait a confirmation before jumping in
A trading opportunity to buy in LSKUSDTechnical analysis:
. LISK/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
. 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 1.41). 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 (1.41)
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
A trading opportunity to buy in LSKUSDTechnical analysis:
. LISK/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
. 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 1.41). 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 (1.41)
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 TO ATH $44 OR TO $1.89? - CryptoManiac101Lisk is a phenomenal coins with solid project but after such of a bearish market, we might not be done with downtrend just yet with high levels of resistance coming up at $9 - $11 range. If we do not break that resistance we will be back at just around $2
On a more positive note, with a firm break, we would go into a bull run with a mini bull run starting on firm break of downward wedge . That would lead us into $20 before 2019 and possibly even hitting ATH 0.57% of over $44 this year.
Those holding Lisk for long term, get ready for lambos in not so far away future.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.