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Lsk

Lisk Bullish DivergenceAfter Lisk found the bottom at $7.7, bullish divergence was formed on the RSI oscilater and price went up almost immediately. While moving higher LSK/USD broke above the descending channel and then the downtrend trendline, reaching $10 high. The corrective wave down followed and was stopped at the 61.8% Fibonacci retracement level, that is $8.6. The Fib support has been rejected cleanly, although Lisk contiues to consolidate near that level. It seems that now the broken downtrend trendline is now acting as the support and could be the starting point for list to start moving higher. The upside target is seen at $15.5 area, that is 427.2% Fibs applied to the current corrective wave down. At the same time, daily break and close below $8.6 might invalidate bullish outlook and would probably extend the consolidation, rather than result in a continuation of a downtrend.
LLong
by CryptoPAMM
$LISK #LSKBTC - THE MOST INTERESTING CHART PATTERN OF THE WEEKHello Lads and Ladies, Today we are looking into LSKBTC which is mentioned almost daily in the frequent discussions. Starting mid February and ending in the begging of April LSKBTC has been in a very strong downtrend. From such a heavy downtrend it is normal that cryptos tend to make a move sideways with a slight increase and not make any big moves too fast. As wee see it charted there is a green increasing resistance line, that can be taken as an indicator for the new uptrend. ANYHOW the chart is still affected by the previous downtrend which we see it locating itself in the red decreasing triangle. Here it is very interesting to see how the chart movement from the beginning of the year still has an affect on the chart and everything else just seems to be a big breakout which was doomed since the beginning (pay a close look how far the decreasing red triangle is reaching back). Luckily we are relatively coming to an end of this "triangle of doom" as I like to call it sometimes. The chart is right now pretty much in the middle of it, it has to decide where to go and if it ready to leave this triangle or will it still follow it. The crucial point about this is that if it leaves the triangle, we might see a new trend. The possibility that it breaks down lies at around 40% here it would most likely fall down to the 52000 crucial support. Yes, it would have a major bounce back, but it would take a lot of energy and volume to turn that into a real uptrend. Therefore, the better bullish scenario would be if it leaves the triangle towards the slight uptrend. Here the chance that this happens lies around 60% since the downtrend is now very long/stretchy and really not that effective anymore, which indicates a good turning point. Therefore, in case of a bullish movement the chart should locate itself at the green ellipse area, just a temporary stop and stay around this level to confirm the uptrend. This also gives it the chance of following a very nice channel, which you can see with the green arrows. Also keep in mind that when it leaves the triangle it will at least touch the uptrend line, so the longer it takes for it to leave it, the bigger gains are awaiting you. Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins. Cheers, Tomas
by KongTrading
2
A New Opportunity To Buy in Lisk ...Technical analysis: . LISK/DOLLAR is in a Range Bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (10.00 to 07.00). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (10.00) . Ending of entry zone (07.00) 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 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= @ 15.00 TP2= @ 17.50 TP3= @ 20.10 TP4= @ 25.00 TP5= @ 34.00 TP6= @ 41.40 TP7= Free
LLong
by ForecastCity
4
Lisk is the true “leader of today’s losers”Lisk is the true “leader of today’s losers” as the currency pair has lost nearly eight percent in the past 24 hours. LSK/USD seems to hold general bearish moods as the currency pair has significantly fallen from its May highs. However, Lisk managed to leave the red descending midterm trend line and is trading higher at the moment of writing. Let’s have a closer look at what is happening inside the Fibonacci retracement formation. Lisk price is close to the support area at $10.3514, which coincides with 0.786 Fibonacci retracement level. LSK/USD has already crossed the green ascending trend line and several support areas as well as retracements. The possible scenarios for Lisk are the following: LSK/USD will break through the support area at $10.3514 and develop its downside progress towards the next support area at $9.9868, which coincides with one retracement level. If successful, bears will be able to push the currency pair even lower. Lisk will jump off the support area at $10.3514 and run towards the closest 0.618 and 0.5 retracement levels. If bulls manage to break them through, they will be able to reach the closest resistance area at $10.9237. There will be no significant price changes today. Check the full crypto analysis  HERE  
L
by CryptoComes
A New Opportunity To Buy in Lisk ...Technical analysis: . LISK/DOLLAR is in a Range Bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (10.00 to 07.00). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (10.00) . Ending of entry zone (07.00) 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 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= @ 15.00 TP2= @ 17.50 TP3= @ 20.10 TP4= @ 25.00 TP5= @ 34.00 TP6= @ 41.40 TP7= Free
LLong
by ForecastCity
Lisk(LSK): One Of The Best Crypto Investments You Will Ever MakeLisk (LSK) is by far one of the best investments in the crypto markets as far as risk/reward and profit potential are concerned. The coin is also currently at a very favorable point and presents an attractive buying opportunity. The price is currently trading at $11.87 and is almost at the bottom of the bullish channel. The risk reward ratio on a trade made at this point would be 56! It is pertinent to note that most traders are glad to find a trade with risk/reward ratio of3 or 4. The profit potential is also very lucrative. If you invest $1000 in Bitcoin (BTC) right now and the price reaches $100,000, you might end up with around $10,000. However, if you buy Lisk (LSK) right now and the price reaches $377 most likely before Bitcoin (BTC) reaches $100,000 you will end up with $32,000! This is a big reason why most crypto investors are turning to high potential altcoins like Lisk (LSK). Read Detailed Analysis: cryptodaily.co.uk
POLONIEX:LSKUSDLong
by Jefe
1
There is possibility for the beginning of uptrend in LSKBTCTechnical analysis: LISK/BITCOIN is in a range bound and beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 58. Trading suggestion: The price is in a range bound, but we forecast the uptrend would begin. There is possibility of temporary retracement to suggested support zone (0.00122 to 0.00100), if so , traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.00122) Ending of entry zone (0.00100) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00156 TP2= @ 0.00173 TP3= @ 0.00220 TP4= @ 0.00288 TP5= @ 0.00336 TP6= Free
Long
by ForecastCity
There is possibility for the beginning of uptrend in LSKBTCTechnical analysis: LISK/BITCOIN is in a range bound and beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 58. Trading suggestion: The price is in a range bound, but we forecast the uptrend would begin. There is possibility of temporary retracement to suggested support zone (0.00122 to 0.00100), if so , traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.00122) Ending of entry zone (0.00100) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00156 TP2= @ 0.00173 TP3= @ 0.00220 TP4= @ 0.00288 TP5= @ 0.00336 TP6= Free
Long
by ForecastCity
3