Lskusd
LSKUSD - bullish ascending triangle (shortterm trade)Hey guys, I'm taking a shortterm LSKUSDT trade.
Looks like an ascending triangle on the 4 hour chart.
25% Upside Target...
Happy Trading
LSK good sign. Trend broken.LSK broke the downward trend lines. This was not a strong breakout but it was the first good sign for further increases. You must now wait for the D1 candle to close. If we close the trend line above it is a good sign. Secondly, another important place would be to close the D1 candle above the level of the green box.
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:
Time is running out and BTC makes it difficult for us to make d.Take into account that ALTS grow best when BTC saves a given level for a long time and does not fluctuate significantly. In this situation, take into account possible strong increases on BTC or a decrease, you have to consider three scenarios for LSK. I personally think that the orange scenario has the best chance of occurring and is getting ready for it. It should also be remembered that in the face of big drops on BTC, even LSK will finally make a strong drop below the level of $ 1.2 and leave the zone of possible rebound up.
Congratulations LSK. And we're back to the inheritance
LSK rebounded from the price of $ 1.2 and soared up to test the downward trend lines. As you can see the volume was nice but the trend line turned out to be too strong. Personally, I advise against entering positions now. It's better to wait for $ 1.2 again.
Previous TA:
LISK plays the way he wants.The LSK course bounced back from where I expected it. Personally, I have already obtained 7% of earnings, because I think that LSK will fly even lower to around $ 1.2 and it is possible that then it will break the mountain from the downward channel to around $ 2.2
Previous analises:
Good opportunity for 100% on Lisk?
The Lisk course exploded from the bottom of 2016 to the last peaks of 2019. The resistance at 2.2 turned out to be strong enough to act as a supply zone, which is understandable due to the long consolidation at that place in 2019. What is the plan:
The price after such big increases will probably fall to 618 fibbo (green box). After posting this level, I expect a rebound around the last maxs on LSK. If the demand side turns out to be strong enough, we can break the level of ~ $ 2.2 and go further. However, at this moment it is best to wait and see what will happen. Bounce back (red box) is very likely and possible 100% profit.
Lisk - The Lisk SDK.Lisk - one of the many most oversold cryptocurrencies during last bear market. Now with huge progress on the technical side. Developers are already utilising Lisk newest product - lisk-sdk. 2 decentralised exchanges are being built with 2 different solutions. Independent interoperability solution is being researched by Lisk Foundation. Lisk-SDK allows to build decentralised apps within few lines of code which are highly efficient. Lisk order book is very shallow yet, this coin can really fly to the moon.
LSKBTC - 9 3 19 TD SEQUENTIALI am long LSKBTC, a 9 13 9 in the monthly chart, could not have asked for more than this.
Lisk is a great project, just check out there github and you will find out, that they are developing like fools!
I think it is an under the radar project, not getting the media attention that it should, but that's just my opinion.
LSK/BTC TA Update (Buyers Steps-in?)LSK/BTC
LSK just pumps 50% from swing Low up to 1000 sats but that doesn't mean the trend is changing completely.
The price needs to pullback at key support area and forms a new Higher Low and break Higher High to confirm trend change plus breaking bullish of this descending channel.
This large pump could be just a huge fake-out, wait for the price consolidate for a couple of days to confirm there is support being built.
LSK/BTC TA Update (Bull's Last Chance?)LSK/BTC
LSK is still on a down-trend structure as the price keeps respecting the 100 Day MA as strong resistance. If Bulls can hold the previous Low at 800 sats and bounce up to 950 sats.
There will be a chance for buyers to start stepping in to look for potential early entry Long positions. Otherwise, closed below 800 sats will open doors to the downside.
LSK - Looking Bullish and Testing Resistance, Watch for BreakoutLisk is starting to show bullish signs against BTC. It's daily chart (below) looks even better. The daily MACD has found support above the zero line and has completed a bullish cross. The price is also starting to break out to the upside. Now all it needs is volume. LSK probably isn't on a lot of people's radar so this may be a good early entry point before things start to get really bullish and we get a huge influx of volume.