HiTech
Long

Lisk VS Bitcoin - The Uptrend

POLONIEX:LSKBTC   Lisk / Bitcoin
Lisk had not so much interest during the past month, while it has been trending down from btc             0.0015 to btc              0.0004, loosing almost 75% against Bitcoin             . But now things are looking to change as Lisk found the support at 46k satoshi and then at 52k satoshi. These price levels were rejected cleanly and are confirmed by 327.2% and 361.8% Fibonacci retracement applied to the corrective wave after the downtrend trendline breakout.

After rejecting the 46k support, LSK/BTC broke above the downtrend trendline , then rejected 52k support and today broke above the 200 Moving Average. So far price action shows signs of a strong bullish momentum and most likely Bitcoin             will be outperformed by Lisk in the coming weeks.

There are multiple targets to watch, but the first strong resistance is based on 627.2% Fibonacci retracement applied to the corrective wave down after the downtrend trendline breakout. This is btc              0.0015 level, where LSK/BTC already established high on the 16th of November. The next strong resistance is btc              0.02 psychological round number which is at 927.2% Fibs and could go a little higher. On a downside note, only a break and close below the 46k satoshi support could invalidate bullish outlook.
Comment: Here is Lisk / USD to watch
Comment: Lisk is on fire :)
Comment: there is a support at 88k satoshi, would probably continue moving up from this level
Comment: Its not late to buy Lisk
Comment: The first target reached!
Comment: Uptrend Continues, waiting for the next target
Comment: Very close to the second target
Trade closed: target reached
Comment:
Top Crypto Telegram Channel: https://t.me/cryptopost
#1 Crypto Blog: http://cryptopost.com
Crypto Forum: http://cryptoforum.com
Alts vs BTC Trade Signals: http://cryptopost.com/signals-membership/

ETH Tip Jar: 0xafbc203afac03c466b9e8ce3b4c7133b710bf
Thank you
Reply
any new targets? Nice analysis
Reply
HiTech BrunoDanteSampaio
+1 Reply
Any new Stop-Loss/Limit
Reply
HiTech js_nyc
@js_nyc, all same
Reply
Is correction done? should we stay until it's going to hit the new resistance line? Is this good time to buy or hold?
Reply
@a9617, Its almost always late unless you enter when i publish idea
Reply
a9617 HiTech
@HiTech, So I followed you and I'm waiting for your next idea! Post it soon please :D
Reply
@a9617, check my ideas on Nexium
Reply
a9617 HiTech
@HiTech, Sure!! Thanks a zillion
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out