LSKBTC trade ideas
LSK/BTC (Bullish Triangle Pattern?)LSK/BTC
-we can see a clear rejection of flat area of resistance at 1400
-the price pullback to the 50ma dynamic support range
-bulls keep a series of higher lows which will give potential breakout
-technically, it is forming a bullish ascending triangle
-a confirmation upside breakout is the only thing we are waiting
-the potential upside target is up to 1700-2000 range or higher
-invalidating my bullish bias if the ascending trendline is broken down
LSK is Converging and ready for Breakout1.LSK has broken the resistance of trend line. The trend started from 10 Feb 2020. And it has broken the trend line.
2. Also there is a daily support which has been tested and rejected indicating a strong support.
3. 1310 is the daily support level and is a good spot to enter the long trade.
Fibonacci reform in the region 55 to 65%Hello friends
High price of conversion line
Stochastic indicators are also in maximum sales
P.S. as I don't use like-bots and other solutions that show great "interest" to my posts, I will be grateful if you support my work by your LIKEs and comment. Of course, if you can do it. The feedback from REAL people is priceless!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
LSK - Bullish Breakout of Wedge, Big Gains AheadPretty simple TA here. Bullish breakout with a bullish daily MACD. The key level to beat is the .00014 level. This level acted as strong support from February till May and then it fell below and got trapped. I am watching for the breakout beyond the blue price level. This would be a strong buy signal.
