LSKBTC GIVING A GOOD CHANCE TO PROFIT#LSK / BTC
Buy Range : 0.00058-60/0.00042 ( if coin fall buy again at this price )
Stop Loss : Below blue moving average
Target 1 : 110k
Target 2 : 149k
Pros :
- Falling wedge pattern broken
- Nice Volume on the last days
- Classic support touched and prices started to rise
- Supported By Daily MA20
- Nice 4/1h performance ( Broken Ichimoku cloud , supported and above MA , etc... )
- Weekly and Daily RSI touched the lows (31 and 15)
Neutral :
- Weekly/Daily chart not looking so good yet
- Already pumped from the lows but still valuable pick
Cons :
- It could back and retest support level if BTC/ETH market turn to negative
LSKBTC trade ideas
LSK (LISK/BTC) - New gameWe are in new uptrend for this couple guys. See at the chart about candle + volume and clearly in indicator. But now we need small correction for keep climbing.
LSKBTC - Bullish alertLisk already down 87.87% from last january, and already hit meanline at 0.00039555
After meanline hit, this coin breakup falling wedge pattern. This is very good sign for bullish,
We can buy this coin and aim for 301% profit projection at 0.00157160
Note :
1. If this coin drop, it will retouch meanline again at 0.00039555
2. This is long term projection, target will reach more than 2 month.
LISKBTC, 94% profit in 10 daysAt previous analysis, we success to reach 94% profit target only in 10 days, congrats.
We have classic support and resistance level at 80719, you should pay more attention at this level, because its classic support and resistance near fibonacci 0.145
If we have pullback from this point, we can buy at parallel channel up support and aim for 154858 as bullish target at strong classic support and resistance level.
If parallel channel up failed and break down, we can wait at 618 fibonacci support level at 56410 and aim for same target at 154858.
Note :
I will update this analysis if we reach parallel channel up support or reach 618 fibonacci support.
To understand more about this setup, please check our video analysis.
Previous analysis :
LSK COULD OFFER GOOD RETURNS#LSK / BTC
Buy Range : 0.00058-60/0.00042 ( if coin fall buy again at this price )
Stop Loss : Below blue moving average
Target 1 : 110k
Target 2 : 149k
Pros :
- Falling wedge pattern broken
- Nice Volume on the last days
- Classic support touched and prices started to rise
- Supported By Daily MA20
- Nice 4/1h performance ( Broken Ichimoku cloud , supported and above MA , etc... )
- Weekly and Daily RSI touched the lows (31 and 15)
Neutral :
- Weekly/Daily chart not looking so good yet
- Already pumped from the lows but still valuable pick
Cons :
- It could back and retest support level if BTC/ETH market turn to negative
LSKBTC Outlook in 1DDepends on bitcoin as well, but BTC is looking like it's over with downtrend. I think Lisk is waking up.
LISK(LSK)–very high profit/loss ratio 580%-700% EarningsPossibleHi Guys!
HODL your horses and keep at your positions. This is storm. But don’t worry we are close to the end of it. Not much room left for further BTC drop down. We mention BTC because it is our bench mark of course. It affects every coin including LISK.
So Traders. Top of the top of Lisk was in the middle of February which is weird as is occurred over a month of the top of BTC. Even more strange is the fact the last top value was achieved with little volume. So it turns out it is possible.
So the current situation is as follows.
The price of Lisk has achieved the rectangle zone which has been strong resistance since over a year time. Can we go even lower? OF course it is possible as in general market is unstable.
Our goal is to keep an eye on this coin and buy it as soon as we notice any positive movements.
On the first chart with weekly interval we can see clearly resistance zone.
We can also see on Weis Volume indicator there is no volume. We have to wait till the interest shows up.
Looking on MACD we can see there are no signs of trend reversal although it may happen suddenly.
The most interesting is Sentiment Zone Oscillator which calculates how many past sessions (in this case weeks) were closed with profit and losses. It shows us we are really at the bottom. Of course we can have couple of such bottoms before the rally but anyway we are somehow touching this level.
When looking at Ichimoku Cloud we are still in bear market – we are under TenkanSen and TenkanSen is below KijunSen. Let’s wait till this situation alters.
It terms of Profit/Risk ratio this calculation turns out to be extremely beneficial.
Let’s assume you invest $100. Let’s assume you can lose it all (which we don’t believe as LISK is very solid project but supposedly the price can drop down up to 10 000 satoshi which means 80% loss). Ok let’s stay with the idea of the complete loss. We risk $100.
ATH took place as previously mentioned in the middle of February with 34 000 satoshis. Today’s price is 50 000 satoshi swhich gives us possibility to multiply our $100 by 6,8 . It gives 680 dollars from each $100 invested. Our profit is $580. Of course it can take months. But look. You risk $100 but you can earn $580. This is VERY VERY VERY good profit/loss ratio isn’t it? Loss is possible but also reward is very high. We try to find project with maximum high profit/loss ratio. THe more you have such projects in your portfolio the more likely you earn decent amount of money.
This is the more general idea of risk management and strategy of investing into certain types of crypto.
So set your alarms. Stay cool and vigilant. BE PATIENT. THIS IS THE KEY.
Let’s wait for trend reversal.
What do you guys think of this strategy? Would you invest? Do you feel safe? Does it sound logical?
Do not hesitate to comment down below!
HUGE Hugs!
WBM Team
LSK looking potentially bottomed, may be good swing trade#LSK/BTC (Binance/Bittrex)
Definitely still in risky waters, but we can try to play this uptick to our advantage.
Daily
Seeing the aggressive buy countdown 13 on current candle. as MACD is coming to convergence. pRSI shooting up with CMF yet a bit diverged from accum/dist giving a potential breakout signal. Trading below all EMAs, so with some movement and this bullish price flip current, we're looking like some good room for profits here/ Far away from the kumo resistance cloud, and it thins a bit in future, so also potentially bullish indication here.
12hr
Similar to 6hr below. bullish price action with flip and 1 sell setup, MACD diverging yet sideways mostly, CMF coming up with accum/dist. Trading into thickening kumo resistance cloud bit bearish so planning to pull this trade off sooner than later.
6hr
Showing some bullish price action on the upward sell setup 3, below all EMAs, but leary with the thickening kumo cloud we're trading into. However we do have MACD diverging adding to continued potential momentum upward, accum/dist diverged from CMF as pRSI skyrockets to bit oversold territory.
3 Day
Hmmmm TD is bit bearish, but seeing bullish price flip currently on a buy setup 4 though... indicating we're looking to swing trade this sooner than later.
Entry : 0.0008300 - 0.0008450
Target 1: 0.0008800
Target 2: 0.0009400
Target 3: 0.0010500
Stop-Loss : 0.0007400
Duration: 1-3 weeks
$LSK, Adios Amor
Weekly
Looking at our trend timeframe we see price currently testing our major support level at 50000, stochastic rsi showing momentum in favor of bears no signs of reversal. Expecting LSK to fall towards 20000.
Daily
Shifting over to our pattern timeframe we see price respecting it’s downtrend structure, stochastic rsi showing momentum has shifted I favor of bears on the smaller timeframes. A daily close above 55000 activates our trade, otherwise waiting for a drop to 20000.
LSKBTC a bit more consolidation before new growth waveAfter an impulse breakthrough in the beginning of the year, Lisk started a downtrend forming a corrective pullback. At the moment the price has fallen to the safe buy zone where the last time a growth wave was started.
The price should decrease a bit due to bearish XABCD formation at the chart. however up from the level drawn at the chart there should be a rebound.
The market forms a descending wedge, breaking through the upper edge of it will give an opportunity for further growth.
If the resistance of 0.00062 will be too strong then the price will go lower till the next support level where it should consolidate and bounce back. in case of this scenario you should buy more in parts around 0.00058.
The final stop loss is located around 0.00055 in case of such negative scenario stay tuned to our updates where we will present the best moment to reenter till the breakeven point.
Overall, the coin looks stable according to DMI and full of strength to start a growth wave
Lisk - Downtrend reaching its endGood day folks!
Starting today I am going to post my trades on tradingview to publicise my performance,
so that I can continue to review myself and also to build my own trackrecord.
Whether you follow my trades or completely disregard them is up to you but I would
always appreciate feedback be it positive or negative since I am always looking to improve myself.
So without further do, here would be my first swingtrade:
LSKBTC -0.84% has been moving in a descending triangle and is either going to break out soon or going to test the trendline .
The daily MACD is right before a crossover and the RSI has been moving in a descending channel .
Buy: ~0.00062 (40%)
~0.00054 (30%)
~0.00052 (30%)
In the case LSK continues to fall have funds in reserve to average your buys.
Sell: ~0.00068
~0.00076
~0.00081
~0.00096
Stop-Loss: Below 0.00049