LSKUSDT AnalysisI am positive about Lisk. Super Engineering Robo and Engineering Robo 2 are giving a SuperBuy and Buy 2 signal. There is also a moon signal indicating that it is time to buy it. In addition, the candle has broken the support line and opened and closed above it, which means it is time to buy it.
Lsk
LSK is Converging and ready for Breakout1.LSK has broken the resistance of trend line. The trend started from 10 Feb 2020. And it has broken the trend line.
2. Also there is a daily support which has been tested and rejected indicating a strong support.
3. 1310 is the daily support level and is a good spot to enter the long trade.
Fibonacci reform in the region 55 to 65%Hello friends
High price of conversion line
Stochastic indicators are also in maximum sales
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
3200% growth with the miracle of JavaScript programming languageTechnically, by crossing the Ichimoku clouds, one can easily expect 3200% growth for LSK.
Fundamentally, this currency is the basis of the JavaScript programming language, which is currently the most common programming language in the world.
Previously, in other coins such as Atrium and Bitcoin, we did not have the JavaScript programming language, and this can be a very good and high growth in terms of lsk digital currency.
Please trade and sell according to your opinion and discretion
Lisk Support Holding StrongEMA100 (blue line) has been holding strong for Lisk (LSKBTC), while MA200 was tested on a long-wick.
This can signal strength.
What happens next for Lisk?
If prices can stay above EMA100, we are very likely to see LSKBTC make a strong jump.
If prices drop, support will be found at MA200 and we remain bullish all the way.
Thanks a lot for reading.
This is not financial advice.
Namaste.
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.
LONG - LSK - Trading OpportunityBINANCE:LSKBTC has been lingering at the bottom of the 4h cloud for a few days now, and with some alts making a comeback, it may be due time before it springs off.
Entry: 0.0001547
Target 1: 0.0001749
Target 2: 0.0001989
SL: 0.0001466
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Complete retest of the lower trendline occurred, moon phase now!Hello there, this is our view on LSKBTC, enjoy!
Analysis:
-On chart:
Small bearish pennant about to breakout, small falling wedge preparing for the breakout, big falling wedge starting to watch for a breakout. Very very good point to buy. Wma200 and ema200 cross rebounced it of a 24%, so they're very likely to rebounce it as far as it gets newly there (very soon). Sma at every lenght made death crosses. Preparing wave 5 on weekly. Very stretched bollinger width and we're very close to the lower band: next (small) move will be down, but what then? Ichimoku cloud is very bullish itself even it won't support neither resist any movement.
-Technicals:
Most oscillators, like chaikin, money flow, rsi, and ultimate, are growing from oversold and show a very good-holding trendline. Stochastic (14,3,3) already in oversold but just made a golden cross. No momentum on macd, awesome is slightly bearish.
Strategy:
It's been a while since we posted a shitcoin, so lets see...
Entry (long): 1416 - 1370 - 1266 (less likely to be seen)
Target (short-term): 1577 - 1737
Hodl sell: 1888 - 2579
Stoploss: 1200
Risk/reward: 2.57 - 5.41
Warning: very volatile. We suggest you should adopt a thorough money management for this kind of trade!
Trade safe, Anlvis.
LSK ANALYSIS (BREAK OUT OF WEDGE)
LSK ANALYSIS:
LSK has finally broken out of a strong falling wedge after bouncing from the bottom trend line. The candle brought LSK out of the wedge and into bullish territory. So far LSK has been holding well near the 50MA. The entry zone for LSK would now be between 1350-1450 sats. A few small wicks back into this zone is not unlikely, but the outlook I expect to see a further rise. Take profit targets are T1 at 1590 sats, T2 at 1790 sats, and T3 at 1965 sats. The volume need to pick up here for a wave up, but RSI is coming off a small bull flag hourly and should give it the push it needs.
Possible Entries: 1350-1450 sats
LSK good opportunity to short to 1$.Lisk is still unable to break the downward trend line. The situation is good enough to know that we can prepare for an attack around $ 1,1 for LSK. In the near future I expect a strong downward moment to rebound from the lower levels of fibo 786 and an upward move to $ 1.4. It is worth observing.
*I changed the development of analysis on the binance market because there is a larger volume there.
Previous TA: