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LSKBTC trade ideas

LISK vs Bitcoin - Insipid Sideways To Continue For Now!Today we are looking at Lisk vs Bitcoin to see what we find! The MACD is looking to cross down below the signal line, though as you can see there is no real momentum behind this. Aroon Up is at 42 and falling, whilst Aroon Down was recently above 50 but has now dropped below – and is continuing to fall lower. This does not indicate a change in trend, but simply shows us that prices are not moving lower. With the Aroon Up below 50 we are subsequently not going to move higher either. This suggests a continued period of consolidation sideways within the blue dashed channel. RSI is at 45 whilst Accumulation/Distribution is pretty much halfway; both of these further supporting a continued sideways move. Let’s have a look and see what our moving averages tell us. The 200 EMA has crossed above the 50 EMA in a bearish fashion on 15/04 and we are currently trading well below both of them. We have tested the bottom of the channel multiple times and have actually found some solid support at close to half way up the channel as indicated by the dashed green support line. Looking at the EMA 12 and EMA 26; we almost had a bullish crossover on the 24th of April, however the bears ramped up the down pressure in terms of volume and prevented this from occurring. We are not currently trading below both EMA’s which are acting as resistance. So where to from here? For now we have both some solid support directly below and solid resistance directly above us. Our indicators suggest a continued move sideways so there are not a lot of trade opportunities. I am neutral on this one currently and won’t be trading. I will likely keep an eye on it however; and when our indicators give us some more information post an update on which way we are looking to go. Cheers
L
by Corrupt_Economy
LSKBTC Signals Hey guys what's up its your fav trader and i have another coin with good profit in not so much time. The coin is Lisk (LSK). Lisk is a next generation platform that allows for the development and distribution of JavaScript based decentralized applications using an easy to use, fully featured ecosystem. Through Lisk, developers can build, publish, distribute, and monetize their applications within a custom built cryptocurrency powered system that utilizes custom blockchains, smart contracts, cloud storage, and computing nodes; all from within one industry solution. Lisk is the first decentralized application solution written entirely in Node.js. This opens up the Lisk ecosystem to thousands of current developers with no additional skills necessary. Any web developer who is already familiar with JavaScript and Node.js can immediately jump in and begin building decentralized applications from day one. Lisk seems to have a very nice bullish breakout in all the time frame and also it formed a really good triangle with the bullish breakout. I'm planing to buy some quantity right now and if it test the blue (Dark) line i'll buy more if u guys are planning to join this one have proper money management. Buy in blue and sell strong at targets. Thanks guys for looking into it, don't forget to leave a like. THANK YOU
Long
by ImSng
WHAT IS LISK GOING TO DOHello! LISK is looking in doubt. We have the option to form a bearish pennant and retrace deeper. It has been fighting its recent downtrend for a while now. And so far lacks the power to break thru. The resistance is heavy coinciding with both the 50 and 200 EMA. That's pretty much the bearish scenario. The bullish scenario is that we start/ are forming a new ew cycle upwards. The resistance will have to be broken to the upside with good strength to confirm the power of the bulls. The MACD and WT tell us it is looking or will soon try to fight the bears on the Line. The stronger support lies @ 125k- 127k level and at the 100k level. If we do manage to break upside the trading opportunity could bring good rewards. Goodluck
by CryptoDonkie
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