Lsk
$LSK reached ATL BTC support level at ~31K sats..$LSK reached ATL BTC support level at ~31K sats..
21% down since the UCTS Sell signal printed on the 1D
RSI at oversold levels
Volume really low (could be exhaustion)
Due to current market status (BTC pumping..) wait for true signals of reversal/bounce prior buying this
#LSK
$LSK Testing 3400support level with some bounce signals...$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
$LSK Support zone at 3800sats was retested...$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
There is a possibility for the beginning of an uptrend in LSKBTCTechnical 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 Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00038500)
Ending of entry zone (0.00033360)
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= @ 0.00047420
TP2= @ 0.00054390
TP3= @ 0.00067700
TP4= @ 0.00076560
TP5= @ 0.00088700
TP6= @ 0.00103390
TP7= @ 0.00148450
TP8= @ 0.00185000
TP9= @ 0.00221540
TP10= Free
There is a possibility for the beginning of an uptrend in LSKBTCTechnical 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 Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00038500)
Ending of entry zone (0.00033360)
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= @ 0.00047420
TP2= @ 0.00054390
TP3= @ 0.00067700
TP4= @ 0.00076560
TP5= @ 0.00088700
TP6= @ 0.00103390
TP7= @ 0.00148450
TP8= @ 0.00185000
TP9= @ 0.00221540
TP10= Free
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
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Have a good day,
Axsonex Team
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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