LSK upward movement ?Here a set up I will probably be trading on the 4 hours chart. A upward channel has taken place for the past 7 days and we do see what could be a bounce to reach the upper limit in the near future.
I can see a bullish RS divergence and the macd almost crossing over on the 4 hours chart which I believe shows that a reversal might take place. Although the volume is not showing the wanted strength yet, there is a bullish engulfing candlestick on the lower limit of the channel only after 1h30. I will enter the trade once i get the confirmation that the reversal is taking place - MACD cross-over/ 55ema cross-over with strong volume. target price around 0.0016 BTC
LSKBTC trade ideas
The beginning of the missile surgeThe beginning of the missile surge
The objectives are illustrated in the diagram
LISK -BTC EN POLONIEX OPCIÓN EN CORTOopcion en corto en próxima vela verde de confirmación
si no se da no entrar.
There is possibility for the beginning of uptrend in LSKBTCTechnical analysis:
LISK/BITCOIN is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 58.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (0.00122 to 0.00100), if so , traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00122)
Ending of entry zone (0.00100)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00156
TP2= @ 0.00173
TP3= @ 0.00220
TP4= @ 0.00288
TP5= @ 0.00336
TP6= Free
There is possibility for the beginning of uptrend in LSKBTCTechnical analysis:
LISK/BITCOIN is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 58.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (0.00122 to 0.00100), if so , traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00122)
Ending of entry zone (0.00100)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00156
TP2= @ 0.00173
TP3= @ 0.00220
TP4= @ 0.00288
TP5= @ 0.00336
TP6= Free
lsk /btc charn case the price broke the 156000 level and settled higher than it
We will see a strong rally in the price targeting 194000/243000
The price below 146750 is heading to lower levels
As a level 102220 and if this level is also broken we may see the price at the level of 38500 in the long term
LISK - Huge Potential, Trade Setup - A Core Portfolio Coin
LISK Symbol LSK is moving up!
As many of you who know me are aware, I’m an original ICO_ investor in LISK symbol LSK. LISK is an exciting project with a great team. LISK seeks to make developing blockchain applications and new coins more accessible to programmers by using JavaScript rather than a new language such as that used in Ethereum. With the LISK API and side-chains, developers can implement and customize their Blockchain applications entirely.
Lisk, headquartered in Zug, Switzerland, raised over 14,000 Bitcoins in funding during its stellar ICO_ (Initial Coin Offering), making it one of the most successful crowdfunding projects in history. Lisk was valued at over $4,000,000,000 at its peak.
I have been telling friends, and family to get into LSK since the ICO_ and telling them to hodl (hold) it long term. This one is a long-term winner.
Lisk was hit hard by the decline in the market of Bitcoin in January as were all altcoins. The current chart shows Lisk is coming out of that downturn and heading up. There seems to be little resistance along the way up for LISK prices once the resistance at 0.0015 is tested and cleared. Lisk has broken out of the decline triangle formed by the downtrend and closed a candle on the daily chart to the upside which is a very bullish signal.
If you are not in LISK you should be.
Buy In after a daily candle closes above 0.0015 BTC (or higher if holding long-term)
Trading Targets
Short-Term
0.00170
0.0022
Mid Term
0.0025
0.0031
Long Term
Hodl
Please, Don't forget to Like Agree, Comment and Follow Me, It's additional encouragement for me to share my work.
All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.
Wishing you success,
Isaac