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
LISK: NEW DEVELOPMENTS - 23.43% PROFIT !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of April 2018.
Using this buy in point and selling at the sell signal, you would have expected to net 23.43% PROFIT!!!
The following are positive developments which have caused upward momentum on price :
April 11: Lisk Core 0.9.13.
April 11: Release of Lisk Hub 0.4.0. This includes a tutorial, second passphrase registration and more.
April 21: Release of Lisk 1.0.0-beta.6
April 22 : Lisk Ranked #2 in the Latest Code Audit from Darpal Rating
April 25: Lisk Hub 0.5.0 is released - introducing delegate registration within the Hub and much more.
April 28: Lisk Core 0.9.14 is released.
April 28: Lisk Explorer 1.6.0 is released.
Positive developments and increasing interest in QASH have led to a steady increase it's price over the past couple of days especially with the launch of the Worldbook beta.
Lisk (LSK/BTC) - Accumulating - 60%+ trade ideaSImple trade idea, details on chart. Not intended as trading advice. Use your own judgment when trading real money.
TP1: 16719
TP2: 19341
TP3: 24046
Thumbs up if you agree!
Use a stop loss, and don't forget to take profits. This is a short-mid term idea.
LSKBTC - Cup and Handle patternLSKBTC is forming a cup and handle pattern on the 4h chart, setting it up to break the main resistance at approx. 14000 sat.
After being rejected once, LSK gained back tempo by finding support on the 4hour 100 MA and might now be ready to break the main resistance at 14k sat. Another strong resistance is seen at 14400 sat (200day MA). If lisk manages to take out both, huge gains are possible.
Looking at Lisk Next Moves.Hey, I am back with some Technical Analysis.
This time looking first time at Lisk.
Right on the chart you can see there was bear flag that led to breakdown, currently it looks like we are forming Pennant with a possible breakout, as we are on a strong support where I expect some bounce upwards.
Indicators looks pretty okay, but RSI needs to surpass 54 to be bullish.
Hope I made your view on whats going on with Lisk somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
LSKBTCDear Fallowers,
LSKBTC is ower target give full attention to the drawing pls. and make a nice profit comming weeks
success on trading for the fallowing peoples.
We have 2 target here :
39% profit projection at 0.00157363 and
180% profit projection at 0.00230178
If this coin drop, support around 0.00124443, use stoploss below support line
LSK - May be ready for a breakoutLisk looks like it may be completing a pattern here soon on the 4-hour chart. It has been consolidating from its February pump. The price action found support and has been slowly rising since April. I see a bullish cross on the MACD, I think all LSK needs is volume to jump start the next run.
