LSKUSDT trade ideas
$LSK/#USDT [#Lisk]: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $LSK / $USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 1.061 | 1.162 | 1.367, and the major support zones can be found at 0.856 | 0.752 | 0.547. Consider entering at the current price zone of 0.964 and targeting higher levels.
◰◲ General info :
▣ Name: Lisk
▣ Rank: 197
▣ Exchanges: Binance, Gateio, Poloniex, Bittrex, Hitbtc
▣ Category/Sector: Infrastructure - Application Development
▣ Overview: Lisk is a blockchain application platform. Based on its own network and utility token LSK, Lisk aims to enable JavaScript developers to build blockchain applications and deploy their own sidechain linked to the Lisk mainchain, including a custom token. The network is operated using the Delegated Proof of Stake (DPoS) consensus algorithm.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.964 ₮
▣ 24HVol: 355,884.082 ₮
▣ 24H Chng: 8.804%
▣ 7-Days Chng: -8.85%
▣ 1-Month Chng: -10.88%
▣ 3-Months Chng: 15.14%
◲◰ Pivot Points - Levels :
◥ Resistance: 1.061 | 1.162 | 1.367
◢ Support: 0.856 | 0.752 | 0.547
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.61
▣ Last 90D: 1.18
▣ Last 1-Y: 0.07
▣ Last 3-Y: 0.25
◲◰ Volatility :
▣ Last 30D: 0.69
▣ Last 90D: 0.97
▣ Last 1-Y: 1.02
▣ Last 3-Y: 1.28
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.48 - Bearish
▣ Reddit sentiment score is 0.88 - V. Bullish
▣ In-depth LSKUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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✴️ Lisk To Enter A Multi-Year Long Bullish CycleLisk (LSKUSDT) dropped by 94.22% from its May 2021 All-Time High. Seeing that this is a medium sized altcoin and well known project, we can say the bottom is in based on the fact that altcoins correct between 93 to 98% on their USDT pairs.
Additional signals support this finding.
We have an inverted hammer candlestick on the 19-Dec. week. This ihammer comes at a new low and supported by high volume.
Following this hammer we have two additional candles as consolidation and then the hammer signal is confirmed with a full green candle in early January and a break above EMA10.
The giant falling wedge is another bullish signal, the RSI is also strong.
All the signals support higher prices as well as the overall market action we've been seeing since 12-January when bullish momentum started to build up all-across.
Just a few more days until the next positive/bullish event... Let's wait and see how the market reacts but our bias stays the same... We are strongly bullish!
Thank you for reading.
Namaste.
LSKUSDT#LSKUSDT
in 07/2022 price flew from this powerful support zone to 1300% dont's miss up this opportunity we have very important and strong support zone buy and hold it to the next targets at the chart Ichimoku cloud is bullish MACD is showing bullish EMAs is neutral RSI showing bullish Parabolic SAR is neutral ZELMA is showing uptrend-move Parabolic SAR is bullish Accumulation distribution is neutral
Altcoin AccumulationOn many altcoins we are seeing huge green waves in volume.
This can be seen as "Bearish Absorption", but when there is consistancy like this, it's more likely the case to be accumulation by big players.
Here is an example: Lisk (LSK)
LSK is the cryptocurrency that powers Lisk. Lisk is a next-generation blockchain application platform that allows for the development and distribution of Javascript based decentralized applications based on their own sidechain. Lisk features an easy to use, developer friendly, and fully featured ecosystem.
Many are saying this is the new Dot-com bubble, but the thing is, every cycle we hear the same thing. Perhaps the bottom is in soon.
LSKUSDT | LSK IS GETTING READY, ARE YOU?The token is forming a bullish parallel channel for the last 5D sessions. Seems like the bulls are getting in-charge and we may see a quick move with the triangle breakout in the upcoming sessions. Please remember, Stoploss is your friend!!!
Trade the risk accordingly.
LSK/USDTLSK / USDT
Located in a descending channel.
It has fallen as low as $ 0.9 and reacted to the bottom of the channel and $ 0.9 support.
It is currently engaged in its $ 1.45 resistance.
If it fails, it could rise to $ 2, but if it does not, it could fall as low as $ 0.9 again.
#LSK #LSKUSDT #BTCUSD #LUNA2 #LUNAUSDT #ETH
Lisk | LSK bearish chart pointing towards $1.5 With the overall market conditions weighing towards the bearish side, I can see LSK dipping into the top of its main accumulation zone of $1.65 - $1.35 from late 2020 and early 2021.
LSK got recently rejected at a trend line, that acted as resistance before. In addition to this, the price couldn't stabilize around the MA200 and even fell below the MA50. That's why I'm overall bearish.
Let's see how this plays out.
Thanks for your support.
Have a good one.
$LSK.X/USDT - Long - Potential 19.27%$LSK.X/USDT - Long - Potential 19.27%
Exchanges: Binance, Bittrex
Signal Type: Regular (Long)
Entry Targets:
1) 2.047 - 100.0%
Take-Profit Targets:
1) 2.133 - 33.333%
2) 2.263 - 33.333%
3) 2.441 - 33.333%
Stop Targets:
1) 1.945 - 100.0%
Entry Trigger - Pullback
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)