LSKBTC trade ideas
LISK - Bullish Breakout PlayHello guys,
due to the solid BTC bounce, some ALTS are now getting back to life. I'm currently watching Lisk performing a good breakout move, currently testing support at old resistance line.
If the support holds and BTC remains stable or even bullish, my bullish trading-plan can be seen in the chart.
LSKBTCLSKBTC
Entonnoir : W/D/H4 (swing)
Biais haussier sur le weekly avec cycle un daily également haussier mais en fin de vie puisqu'on en est déjà à sa 3ème impulsion (découpage jaune) et donc en fin de vie.
Je prendrai position à la prochaine sortie de compression daily dans quelques jours ou si on casses les ~4300 avec une sortie de compression H4.
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Funnel : W/D/H4 (swing)
Bias in bullish on weekly with a daily also bullish but already at the end of the road because it is currently having it's third impulsion wave (yellow drawing) and therefore risky to trade.
I will go long on the next daily compression breakout in a few days or if we close above the ~4300 with a compression breakout on H4.
LISK LSKUSD LSKBTCLisk showing reversal structure with targets: 1.58$ 2.12$ 2.76$ 3.28$ 3.8$
Bullish divergence on both charts
Lisk Is Ready For BreakoutLisk is at the support level and we have some bullish signals. It is above 10 EMA ( in black) and almost holding on 50 EMA (in blue). MACD has a strong bullish divergence. Additionally, there is news that Bitpanda will list Lisk on March 7.
Buy: 3000 - 3350
Sell Targets:
3590
3870
4170
4800
Stop Loss: 2800
LSK/BTCPOLONIEX:LSKBTC
LSK coin successfully breakout and coining week news of Alpha SDK 1.7 easily 1x
LSK on strong support and has been consolidation to end.Lisk has found support on the 1.272 FIB from correction wave back in August 2018. 3 day RSI moving up nicely, with Weekly RSI bottoming out. Lisk will be listed on BitPanda (largest crypto broker in EU) on March 7th which will add more exposure to the project. Also, SDK framework is out and the tools for Lisk to start making serious headway is just beginning. Lisk was patient making sure SCALABILITY and low fees were essential and put themselves on firm footing to make great leaps in the future. Other's literally have less and higher market cap. I will be buying and holding long term from this point. If for some reason the 1.272 were to break around 3000 we would drop significantly to around 1600. Anything is possible in crypto so keep stop losses tight. If you buy right now, you are not FOMOing, unlike some of the other projects that have less potential. Good luck and enjoy the roller coaster.
LSK/BTC looks good with nice curveAfter the BTC increases slightly, LSK/BTC goes sideways around the price range of 0.00031xx
The curve is drawn through the bottoms to form an important support for LSK now
The current price of LSK is great for medium and long term investors
For traders, after entering this price range, place a stop loss when the price is lower than 0.0003015
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