Possible LONG idea of LSKBTC pair !Hello, guys, I'm back again with my new idea of LSKBTC .
LSKBTC was standing too quiet for a long time, volume dropped lower levels. I don't expect more than %15 profit. Please play with a stop loss.
Trade instructions.
Redline: stop loss area
Greenline: buy area
Bluelines: resistance and sell areas.
Love you all, stay safe.
This is not an investment advice.
Lskusd
LSKBTC GIVING A GOOD CHANCE TO PROFIT#LSK / BTC
Buy Range : 0.00058-60/0.00042 ( if coin fall buy again at this price )
Stop Loss : Below blue moving average
Target 1 : 110k
Target 2 : 149k
Pros :
- Falling wedge pattern broken
- Nice Volume on the last days
- Classic support touched and prices started to rise
- Supported By Daily MA20
- Nice 4/1h performance ( Broken Ichimoku cloud , supported and above MA , etc... )
- Weekly and Daily RSI touched the lows (31 and 15)
Neutral :
- Weekly/Daily chart not looking so good yet
- Already pumped from the lows but still valuable pick
Cons :
- It could back and retest support level if BTC/ETH market turn to negative
LSK COULD OFFER GOOD RETURNS#LSK / BTC
Buy Range : 0.00058-60/0.00042 ( if coin fall buy again at this price )
Stop Loss : Below blue moving average
Target 1 : 110k
Target 2 : 149k
Pros :
- Falling wedge pattern broken
- Nice Volume on the last days
- Classic support touched and prices started to rise
- Supported By Daily MA20
- Nice 4/1h performance ( Broken Ichimoku cloud , supported and above MA , etc... )
- Weekly and Daily RSI touched the lows (31 and 15)
Neutral :
- Weekly/Daily chart not looking so good yet
- Already pumped from the lows but still valuable pick
Cons :
- It could back and retest support level if BTC/ETH market turn to negative
A trading opportunity to buy in LSKUSDTechnical analysis:
. LISK/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (2.79 to 1.41). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (2.79)
Ending of entry zone (1.41)
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= @ 4.72
TP2= @ 6.00
TP3= @ 7.19
TP4= @ 9.95
TP5= @ 11.63
TP6= @ 14.57
TP7= @ 17.31
TP8= @ 33.05
TP9= Free
A trading opportunity to buy in LSKUSDTechnical analysis:
. LISK/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (2.79 to 1.41). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (2.79)
Ending of entry zone (1.41)
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= @ 4.72
TP2= @ 6.00
TP3= @ 7.19
TP4= @ 9.95
TP5= @ 11.63
TP6= @ 14.57
TP7= @ 17.31
TP8= @ 33.05
TP9= Free
LISK SHORT THEN LONG LONGLisk recently experienced 2 slight bubbles, those bubbles were based on promise hype. Currently Lisk is very simple version of Bitcoin, nothing beyond that. We do have delays on rebranding and 1.0.0 release. SDK has been planned on Q4 2017 but seems it will be also delayed. I think now it's time to short and then around 50-60k satoshi entering back again. Beginning of new year or end of Q1 2018 might be time when they release SDK.
LISK: Buy zone; 700% profit potentialLisk is a perfect example of the market cycle we see all the time. This is definitely a buy zone.
Lisk update. Nobs got reKt. First buy zone reached.He he heeey!
So I guess the messiah did not appear. All the "I know something" speculators started getting out and we followed route 4.
It can keep going down a long time, and the lower it goes the more we'll buy with our sweet trading gains.
Lisk is a good project and all that stuff. It deserves getting a bit of the money we make trading.
Worth investing some in.
There's a good chance we drop sub 10$ It got bought too much, and then, when we lose the downtrend more people will feel they got scammed and the messiah did not appear and it could snowball down.
Buy some on the way down, forget about it, come back later. profit.
But be prepared to lose everything.
Thank you for the help bringing this down Bitcoin ^^
+++ I am not a financial advisor (good luck finding one in crypto). Trade at your own risk +++
LSK (Lisk) Technically a good setup!Lisk shows us a very nice short-term reversal point!
LISK crossing area consist of:
1. Strong support/resistance
2. Historically strong trendline
3. Round number 800...
4. Fibonacci extension 141%
So if we get the bounce from here then sell around 9-18%
I tell when to sell and when to sell when to trade turns against us!
This is tehnically a good setup and I excpet that BTC moves a little bit sideways or upwards some days so...
If BTC drops everything drops again so be carefull
Good luck!
Weekly review: Black gold, worthless shiny metal, Magic coinsOil
Nothing special,
still waiting for it to go down further before I go long.
The trend is turning bearish for the next week(s).
Gold
Consolidated in a weekly IB for 3 weeks now.
Waiting for it to move before I do anything...
Bitcoin
Pretty glad I was right, it went down HARD as I haev been repeating, the 10 June exactly.
Some people are saying now we go up, but it is dumb, there is no reason to believe such a thing.
Remember what Vitalik said:
"It’s the luck of the draw, where everyone who won the draw seems to feel like they deserved it for being smarter. I was loyal and I was virtuous and I held through and therefore I deserve to have my five mansions and 23 lambos!"
If by some miracle the ponzi goes up, they will think they are very smart & keep making the same dumb mistakes.
I am not going long on 6600$, I wanted to a while ago, but all things considered, now it does not look like a good trade.
We are now below the moving averages, below the last bullish trendline (till 3000), If we go up retest that trendline as resistance, it will be an area to short.
I will only long if we reach the log correction trendline that I think it sitting at around 6000 now.
Anyone that went short around 8000$ with me a couple days or weeks ago to build a comfortable hedge is now totally relaxed and free to go long with zero risk.
Ethereum
The web 3.0 prototype that does not work (yet?).
Just waiting. Can this thing scale or is it doomed from the start?
I can easilly imagine a future where we are using an improved internet and there is a global currency for that internet, and Steam stops scaming europe with their 1$=1EUR prices.
Credit cards & paypal are ok, but there's more than just EUR and USD currencies in the world, would make it simplier for alot of people.
Anyway, these platforms have a very very long way to go before turning into something, and similarly they have a very very long way down to go regarding the price.
Going to be a while before it hits a serious support, and another alt might be more interesting.
Litecoin
This ponzi is going to hit the ground, but on 50$ - depending on several factors including where BTC at - it should bounce hard probably. Will overcut it.
NEO
15 bucks guys.
LISK
Been a while since I checked Lisk.
I do not think my target of 5 dollar and below is too crazy now anymore :D
XRP
Strong resistance 30 cents ==> Should be support now.
TRON
Oh TRON will not be mooning. Target ZERO.
:)
There are more I could make fun of, but that is enough for this week.
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.
LSKUSD Lisk finally looking to form a possible head and shoulders pattern with the start of a new 5 wave mini set as well looking for this to break to the upside towards the $12 handle at least.
Lisk SDK 2018 huge potential! All liskers are waiting for the big price jump :) sdk should come up this year which will make a big green candle in Q3-Q4 2018!!!
as you can see on picture below lisk has broken from the downtrend
new uptrend just started.
Remember this a long term prediction.
Lisk has a lot of room to grow :)
Main targets
TP1= @ 0.00171
TP2= @ 0.00345
TP3= @ 0.00416
Lisk could drop furtherLSK/USD could slip lower on the short term despite the yesterday's aggressive rally.
A further drop will be confirmed if the rate will close below the 150% Fibonacci line of the minor ascending pitchfork. The next downside target will be at the 6.5581 static support.