Lisk descending scalloppossible short term reversal on the monthly, however low success rate in a bear market, 11/52.
Lisketh
There is a possibility for the beginning of an uptrend in LSKETHTechnical analysis:
. Lisk/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.009170 to 0.008500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.009170)
Ending of entry zone (0.008500)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.010040
TP2= @ 0.011000
TP3= @ 0.011770
TP4= @ 0.013300
TP5= @ 0.014800
TP6= @ 0.019090
TP7= @ 0.026000
TP8= @ 0.030930
TP9= @ 0.037210
TP10= Free
LSK up to 1000% PPT! Long term trade.Lisk is quite stable project with a strong team.
Looks like $LSK completed it's cycle and now finds itself in accumulation phase.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
There is a trading opportunity to buy in LSKETHTechnical analysis:
. LISK/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 49.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.010260 to 0.009400). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.010260)
Ending of entry zone (0.009400)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.011770
TP2= @ 0.012310
TP3= @ 0.013300
TP4= @ 0.014450
TP5= @ 0.015700
TP6= @ 0.018790
TP7= @ 0.025810
TP8= @ 0.030800
TP9= @ 0.037180
TP10= Free
There is a possibility for the beginning of an uptrend in LSKETHTechnical analysis:
. LISK/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.011000 to 0.010000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.011000)
Ending of entry zone (0.010000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.013300
TP2= @ 0.013900
TP3= @ 0.014900
TP4= @ 0.015700
TP5= @ 0.017100
TP6= @ 0.018350
TP7= @ 0.019400
TP8= @ 0.021960
TP9= @ 0.025550
TP10= @ 0.030660
TP11= @ 0.037180
TP12= Free
There is a possibility for the beginning of an uptrend in LSKETHTechnical analysis:
. LISK/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.011000 to 0.010000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.011000)
Ending of entry zone (0.010000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.013300
TP2= @ 0.013900
TP3= @ 0.014900
TP4= @ 0.015700
TP5= @ 0.017100
TP6= @ 0.018350
TP7= @ 0.019400
TP8= @ 0.021960
TP9= @ 0.025550
TP10= @ 0.030660
TP11= @ 0.037180
TP12= Free
There is a probability of resuming the uptrend in LSKETHTechnical analysis:
. LISK/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.014410 to 0.012660). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.014410)
Ending of entry zone (0.012660)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.017200
TP2= @ 0.018660
TP3= @ 0.019493
TP4= @ 0.021320
TP5= @ 0.022868
TP6= @ 0.024030
TP7= @ 0.026240
TP8= @ 0.031060
TP9= @ 0.037180
TP10= Free
There is a probability of resuming the uptrend in LSKETHTechnical analysis:
. LISK/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.014410 to 0.012660). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.014410)
Ending of entry zone (0.012660)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.017200
TP2= @ 0.018660
TP3= @ 0.019493
TP4= @ 0.021320
TP5= @ 0.022868
TP6= @ 0.024030
TP7= @ 0.026240
TP8= @ 0.031060
TP9= @ 0.037180
TP10= Free
