LSKUSD trade ideas
LSKUSD Lisk - Brutal 50x RETURN! Head and Shoulders +5000%!- A huge head and shoulders pattern is breaking out after a sucesful pulback with a massive bullish momentum!
- Looks like 200 weekly moving average is now beying also destroyed by the bulls absolutely uncompromisingly!
- LISK Rank 105 on coinmarketcap, 24h volume $273,893,999
- Expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - For more information, please check my signature below ↓
- As you can see the price is moving in the major weekly parallel channel, which is also our profit target. (top of the channel)
- Our profit target can be also 1:1 FIB extension (trend-based), but you can prefer other profit targets.
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LONG (1D) LSK / USDTAnalysis :
- MACD, RSI, Chart -> bullish
- resistance around 4.75$
What Is Lisk (LSK) ?
Lisk is a blockchain application platform aiming to create an accessible future where everyone can benefit from decentralized technology.
Lisk enables developers to build applications as well as deploy a side-chain linked to the Lisk network that includes a custom token. Lisk empowers developers with a software development kit for blockchain applications and is working on an interoperability solution that will in turn let everyone seamlessly use it on the platform.
Lisk’s ICO launched on May 24, 2016 and was built through JavaScript and TypeScript. Its main products are Core, SDK, Desktop and Mobile. With a team size of 30, it has a development contractor known as Lightcurve GmbH. The company is based in Zug, Switzerland and it is a non-profit foundation.
Last resistance LSK /USDTAnalyse :
- Last resistance : 4.75$
- first target : 10$
- second target : 25$
- third target : 41$
What Is Lisk (LSK) ?
Lisk is a blockchain application platform aiming to create an accessible future where everyone can benefit from decentralized technology.
Lisk enables developers to build applications as well as deploy a side-chain linked to the Lisk network that includes a custom token. Lisk empowers developers with a software development kit for blockchain applications and is working on an interoperability solution that will in turn let everyone seamlessly use it on the platform.
Lisk’s ICO launched on May 24, 2016 and was built through JavaScript and TypeScript. Its main products are Core, SDK, Desktop and Mobile. With a team size of 30, it has a development contractor known as Lightcurve GmbH. The company is based in Zug, Switzerland and it is a non-profit foundation.
LSK Price May Test The Level Of $5 In The Future The coin's daily chart highlights that price can see a bearish move in the upcoming days.LSK price follows a lower low's trendline and can test the lower levels in the future. It is trading above 50 and 100 Days Moving Average. The 50MA (RED) line is at the value of $2.84, making it temporary support.
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LISK LSKUSDBullish sequence is proceeding. Another portion of waves up shall occur in following days.
LISK TECHNICAL INDICATOR SHOWS A CONSOLIDATED TRAPLisk is currently ranked at 114, with a market capitalization of $410,375,182 .The coin volume also went down up 30.56% and is currently at the value of $21,884,503.The volume and market cap ratio for the coin is 0.04799.If the ratio goes above 0.08 than a positive move can be observed
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LISK Price Ready For A Big MoveLisk technical chart shows a consolidated move on weekly and daily chart. The daily chart of the coin highlights that price can see a bullish move in upcoming days.LSK price is trading above 50 and 200 Days Moving Average which shows strength in the price
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LSK is GoodHello friends
It seems that LSK has very good conditions for strong growth.
Please comment.
Lisk Price Analysis:LSK Bears Starting To Regain MomentumThe stock to flow ratio is used for scarce commodity.Lisk supply is limited to 143,356,904 so it can be treated as scarce.Now using the current circulating supply and yearly Lisk produced the ratio comes out to be 40.08.It tells that the Lisk has not reached its full potential and more bull run can come in future.
back to liskA similar structure is being built at LSK as in 2017.
Will it be a reflection and a copy of those times? We'll see everything looks fine at the moment. Everything you need is on the chart. The declines after the break will be rather continued to the level of 618 or 786, which is confirmed by the growing dominance of BTC. If BTC starts to rise or fall, our price target is very realistic, but in the long term it is a position played for 4-8 weeks.
LSK still looks bearish and this is confirmed by the RSI and MACD