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Liskusdt

C'mon Lisk - you can do it !Lisk/ USDT Daily . I hope we don't need another test to go long. Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Long
by CryptoTrend-Alerts
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)
Long
by moon333
2
LSKUSD $13? Elliot Wave AnalysisWhy I think this: Strong bullish indicators -Good volume on breakout of consolidation phase -Falling wedge on RSI (white line on RSI graph) -Recently had a bullish MACD divergence on 4h and longer candles (more on this later) Don't enter now, however for these reasons -RSI at the top of resistance on falling wedge -Bearish MACD divergence on shorter candle length (45 min, 1h) Instead, wait to enter potentially at these times -Bullish MACD divergence on shorter candles -Breaking out or at bottom of support of falling wedge on RSI -As long as this happens within $8-7.17, it's a good entry point Please leave any feedback/questions in the comments. If I don't reply it's because I have been having issues replying to comments. Feel free to PM
POLONIEX:LSKUSDLong
by gelnd
2
LISKBTC Potential Entry (Technical + Fundamental)Lisk seems to have formed a symmetrical triangle pattern over the last week. A break below the lower trendline is used by technical traders to signal a move lower, while a break above the upper trendline signals the beginning of a move upward. I think bulls are in favor here due to positive fundamentals (blockchain meet up berlin announced on twitter, taking place 11/22 starting 6:30pm in germany), possible hints at rebranding, and security audit november 30. Take note symmetrical triangle is known to make large movements in direction of breakout, so I recommend use of stop losses and limit buy orders. Local swing highs broken used as bullish confirmations. previous swing highs used as take profit levels. Target 1: 150,000 sats Target 2: 173,000 sats Risk reward: 2+
by JCBCrypto
[LSKBTC] Trading IdeaSo we just saw a very good and clear ascending triangle breakout at 0.001 level and the sell target was around 0.0011, we sold most at 0.00109 since it shows signal of failure. As you can observe there's a very strong resistance at the .00106 level, the breakout that is happening now might be fake since there's not much juice over for this bull run, of course, there are always the pumps, but that's luck, not trading. the safest would be to get out and wait. I would wait for the people taking profits that would take us back to the .001-.00095 level that would be a better moment to buy waiting for this new and bigger ascending triangle forming. Lisk is a solid coin and holding is always in your favor. A consolidation could happen at the 0.00107 level and that would be great. Remember this is an ascending triangle breakout so only buy above the highest of the first candle that open and clsoes COMPLETELY ABOVE the .00107 resistance. Sell target would be close to .00156
Long
by spectertrading
4