LSKBTC Trading Idea and Potential Buy opportunityLSK has been trading in a Symmetrical triangle and this pattern hit the bottom and price bounced off it, we expect the price to attempt to test the top side of the triangle pattern.
Possible Entry is clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
GREEN: SELL TARGETS
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LSKBTC trade ideas
Lisk How Trade it?
Current movement
Lisk Btc Move below Downtrend as many coins
right now Liks reach a good correction level at 0.236 above 4/1 Gann angel of Gann fan
we can see Lisk do Pull back from Current price to 0.00120246 SAM 90 Solid Resistance Average
But The main Buy zone at located at 0.00045837 / 0.00038327 Major Support for lisk Last trend Of Gann Fan
we expect lisk will reach this zone soon
our expect will fail if Lisk pass SMA 90 with a weekly close above 0.00176906
you can buy lisk From Current level at 0.00090209
Targets
0.00096353
0.00103862
0.00116150
Stop_loss:
Close daily Below 0.00078604
Risk / Reward
12 % / 28%
Risk Assessment
for this signal doesn't have a big reward
if you like ignore this trade
if you join just 3% will be good
Notice
The main Buy zone at located at 0.00045837 / 0.00038327 Major Support for lisk Last trend Of Gann Fan
we expect lisk will reach this zone soon
our expect will fail if Lisk pass SMA 90 with a weekly close above 0.00176906
we ask Allah reconcile and repay
Analytics LSK/BTCA very popular previously and now undervalued coin. Its rate approached in August to its minimum, which is 0.0003917. A little before reaching this price, the coin shot up and showed about 50% growth. Volumes grew, while the asset stay in portfolios.
To date, we are seeing a price of 0.000610, which is 50% of Fibonacci. This is an area of interest both for sellers and buyers, so we do not consider the entry point more than 0.0004850-0.0004780. The next good entry is 0.000412-0.000415.
There is an upward trend, the distribution of orders in DOM is equable.
#LSK WITH NICE SETUP (#Bittrex #binance #coinbase)#LSK chart shows strong support. Blue lines are resistance - book profit!
Happy Trading!
Crypto Guide Team
LSK offering promising swing trade opportunityLSK recently bounced off all time low price around 40 before doubling up and hitting 80ish. pulled back to secondary support of 60 over last week or so. Seems ready to try a leg up now.....
Assuming the broader market continues its uptrend, i think this offers a pretty good R:R as it has a lot of upside potential
currently at 6120ish
entry: <6250
s/l: <5875 (-6% from 6250)
T1: 6950 (+11% from 6250)
T2: 8000 (+28%)
T3: 10000 (+60%)
if we zoom out and look at bigger view, i debated a bit on where to place those fib lines, but its current location seems to fit well, which is where i get my 3rd target from.
LISK GOES UPLISK is at the trend line, the chart shows the areas of contact of the support line. During the last touch, the trend line broke through, but the asset quickly returned to the growth zone.
Now the LISK is testing the support line, and then, with a high probability, it has grown at least to the 0.236 and 0.382 of the last asset growth.
Zone of resistance indicated.
Take profit - blue horizontal line