Lisk explosive trend reversal possible?I can usually sense when Lisk is up to something... Today's announcement will hopefully be the catalyst that sends Lisk on route to an explosive recovery. But if today's news is just some tonedeaf BS (like Lisks marketing often is) it could cause a massive backlash from rightfully angry investors, sending the prize tumbling below $3.
Lskusd
Update for liskUpdate:
Lisk now broke 3.6 and 3.825 resistance
Yesterday during the bitcoin dump, LSK Holded above the 3.440 support line I told u about it before and bounced back to hit the 3.6 and 3.825
For the next 24h, LSK will retest 3.825 as a support line and start its way towards 4.793-5.123
A Daily close above 3.825 will make me more bullish and excited for LSK
Don’t forget that a lot of exchanges still having an update on the lisk network, I guess we will see a much more bullish LSK when they are back.
LSK (LISK) lateralizingLSK has a very ugly long-term chart.
On the daily, it looks like it's in a "Shoulder-Head-Shoulder" pattern, however the Stochastic, RSI and ADX indicators indicate a sideways move with a possible rally.
If the BTC rises it can only follow later.
However, now is not the best time to position yourself on altcoins.
I would particularly be left out.
The risk return would be approximately 1 to 1, which should be reflected if it is really worth it.
"Not to act is also to act. Sometimes the best thing is to do nothing."
LSK Trend IntersectionGuys 50 EMA cut 100 EMA from top to bottom. So i think; if BTC won't go up to 58-59K, Lisk can fall down to 2$. But this is the crytocurrency exchange, everything is possible here.
There's a good scenario on the other side: If Lisk will be able to break 2 blue downtrends, we can go to 5.5$ then 7.6$.
If i had Lisk in my basket, i would sell it and i would wait to see what will Lisk do. Best regards aardayldrmm
LSK ROUNDING BOTTOM PATTERNLsk has shown a mote of its bullish state and now bout to go to the moon. As usual, there are always hurdles to beat along the way, btc will definitely take price down when it's bearish and would def foster an impulse move when it's bullish. Moon is the target🌙.
All info on prices at support and resistance zones have been provided on chart.The spaced lines indicates support and resistance zones. Observe well before taking position.
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LISK LSKUSD(iv) wave should be over now, I am waiting for a price improvement to reddish rectangle and later to (v) wave range.
LSK - $24.65Due to the announcement of the lisk.js event, we saw a healthy organic demand spike in LSK buying-volume. This lead to the rise of LSK towards the 1.618 fib at $11.72 which is an important resistance zone for LSK. If LSK can break this resistance and close the daily candle above this zone, it could also break the trendline resistance. If this happens, we could see a swift move by LSK towards 16.66, $21.59 and $24.65. However, if LSK is not able to break this resistance before the event, it could trigger a “Buy the rumour, sell the news” sell off cycle which could cause LSK to drop towards the lower support zones at $8.67, $6.78 and $5.30. These would be good entry points for long term holds. Important level to watch is $11.72. If this resistance breaks, LSK will make a run for the higher resistances and could be a fruitful “breakout” trade.
LSK is trading at $10.23 now with a market cap of $ 1,513,533,294. Its 24 hour trading volume was $625,919,342.
LSK with potential for further increases.
After our first profit level of $ 8 was hit, we saw a strong momentum for a gift from the downward movement of BTC. Thanks to this, we have reset the RSI and the strong resistance around $ 8 is unlikely to be a challenge. An additional confirmation is the support on the orange MA which is a strong support.
Further increases are possible up to the level of $ 11-12
Previous:
lisk lskusdI submitted potential expansion of upcoming waves. I am trading 4th /circle 4/ wave now and expect large incline/rally afterwards.
LSKUSDT DivergenceHello traders!
LSKUSDt has formed a divergence between graph vs MACD. The graph has already broken the previous high but MACD is very far from breaking the previous high. The time when MACD reaches close to its previous high the graph will achieve more than 100% from the current position.
LSKUSDt is another divergence pair and it will skyrocket within a week.
Hold your trades and be patient as this chart is in the D1 timeframe. The target above will give you 100% of the investment.
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