LSKBTC trade ideas
LSK - May be ready for a breakoutLisk looks like it may be completing a pattern here soon on the 4-hour chart. It has been consolidating from its February pump. The price action found support and has been slowly rising since April. I see a bullish cross on the MACD, I think all LSK needs is volume to jump start the next run.
LISK vs Bitcoin - Insipid Sideways To Continue For Now!Today we are looking at Lisk vs Bitcoin to see what we find!
The MACD is looking to cross down below the signal line, though as you can see there is no real momentum behind this.
Aroon Up is at 42 and falling, whilst Aroon Down was recently above 50 but has now dropped below – and is continuing to fall lower. This does not indicate a change in trend, but simply shows us that prices are not moving lower. With the Aroon Up below 50 we are subsequently not going to move higher either. This suggests a continued period of consolidation sideways within the blue dashed channel.
RSI is at 45 whilst Accumulation/Distribution is pretty much halfway; both of these further supporting a continued sideways move.
Let’s have a look and see what our moving averages tell us. The 200 EMA has crossed above the 50 EMA in a bearish fashion on 15/04 and we are currently trading well below both of them. We have tested the bottom of the channel multiple times and have actually found some solid support at close to half way up the channel as indicated by the dashed green support line.
Looking at the EMA 12 and EMA 26; we almost had a bullish crossover on the 24th of April, however the bears ramped up the down pressure in terms of volume and prevented this from occurring. We are not currently trading below both EMA’s which are acting as resistance.
So where to from here? For now we have both some solid support directly below and solid resistance directly above us. Our indicators suggest a continued move sideways so there are not a lot of trade opportunities. I am neutral on this one currently and won’t be trading. I will likely keep an eye on it however; and when our indicators give us some more information post an update on which way we are looking to go.
Cheers
LSKBTC Signals Hey guys what's up its your fav trader and i have another coin with good profit in not so much time. The coin is Lisk (LSK).
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Lisk seems to have a very nice bullish breakout in all the time frame and also it formed a really good triangle with the bullish breakout. I'm planing to buy some quantity right now and if it test the blue (Dark) line i'll buy more if u guys are planning to join this one have proper money management. Buy in blue and sell strong at targets. Thanks guys for looking into it, don't forget to leave a like.
THANK YOU
LSK - potential buy.Lsk has been on my radar for the last few days as one that hasn't really moved much in the currently rally, potentially delayed mover, with the drop its now sitting at the bottom of the channel/pitchfork with 4hr MACD turning.
Barring another fear dump this looks like a solid entry with a tight stop loss to be safe.
#BITCOIN #BITCOINPRICE #LISK #TRADING LONG ON 0.0015
IF PRICE KEEPS BETWEEN RED AND GREEN LINE WE CAN GET TO 0.0057 73.6%
STOP LOSS IF PRICE BREAKS GREEN LINE
LSK TA Trend Line, Fib Zone / Time. First TA ever, Based on RSI at todays peak I set a Buy order for 0.0014299 expecting it to drop slightly and continue upwards and shortly after my buy was hit and I entered this Trade hoping it'll continue its up trend and give a 2% gain but based on the fact all small up trends had an average correction of 2.6% I was expecting it to further drop because RSI in 1/3/5min suggested it was oversold.
It did drop, I continued to lower my average cost by purchasing more as It dropped, I ended up with an average cost of 0.0013892, My target sell is 0.0014259 which is lower then my first buy in.
Profit Delivery! Volume Supporting the Move!Here you have a coin that has accumulated some great volume ready to see some nice action.
You will see the RSI putting In higher lows and we have some major momentum here.
The MacD on daily and 4H still has plenty of room for us to grow, we have hit a low where this coin has been accumulating for quite some time you can see this on the daily chart below. When BTC dropped we had dipped below this but we returned to this price quite quickly and have sat there ready for a break since.
Stop losses will be set below the red line, they can be set below the black line if the 4H candle closes over the black.
Targets will be green dotted lines.
We can enter this trade at anytime we have great volume.
Cash Is King!