After last trade lisk went down fast at daily frame missed check long one at weekly, cost us stop loss and at the weekly frame as we saw lisk show wick and back to bullish again this is noob mistake but we still learn from our mistakes.
Lisk bounced well from 0.148 fib and now play at 0.382 fib looks very good still have long way to move in it free to buy now just follow capital managment.
Targets
Short-Term (1) 0.00145211
Mid -Term
(1) 0.00178091
(2) 0.00221931
Long-Term
(1) 0.00284702
(2) 0.00348470
Stop limit at 0.00057531 be sure you now risk and reward before join any trade
risk- reward 37 % - 277%
Tip for the Day
Be a patient trader. Paradoxical though it may seem, successful day traders often don't trade every day. They may be in the market, at their computer, but if they don’t see any opportunities that meet their criteria they will not execute a trade that day. That’s a lot better than going against your own best judgment out of an impatient desire to “just do something.” Plan your trades, then trade your plan.
capital management is recommended. we ask Allah reconcile and repay.
Comment
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lisk move in 35 % of profit and still have more to do we ask Allah reconcile and repay.
I'm gonna hold at least untill 250k :) Thank you for update, very good analyse.
HamadaMark
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@Leroa, u are welcome bro, wish and pray for easy and fast profit for you and others :)
CovidScamIsAnIQTest
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I am with you!
Dubee83
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Thank you!
retolana
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trade close hamada or still on target to 185 ??
edje42
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Whales at work at both Poloniex and Bittrex. At Bittrex very active with sell walls, pulled up and down all the time, mostly at some slightly higher values of the coin. Too little volumes on both exchanges to take the walls down.
edje42
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I'm very much a newbie in daytrading, and in effect make trades every day, and pull out when I have some gain of 20% or so. I had a relatively large position in LISK but sold it for a good proft, but therefore missed the last breakouts and missed the 50% gain of last 24 hours. Now most coins seems to have done 20%+ last 24 hrs and somehow my portfolio increase maybe 10%. That in itself tells me, I'm doing something wrong,and I suppose, I'm not patient enough. Wondering if you would suggest to step in LISK again when it pulls back... At the time of writing this comment, it looks like LISK is getting (slowely) to a next breakout possibility (although still a bit to go).
Shockinalive
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@edje42, hi, I wanted to reply both your comments so here it comes haha. First of all I 100% agree with the whales playing with sell and buy walls, been seeing that all the time lately. It frustrates me as well. Second of all, I still see Lisk as a great potential coin which can grow easily up to 50-100$ anytime soon. I'm saying this, because I know that Lisk is going to rebrand late february, which means people start noticing it by the time and will buy it --> price increase. This happens all the time. And after the rebrand, it starts going down for a while (great buy opportunity again) and it goes further up. So if you'd still like to buy Lisk, I think this is still a perfect time to buy. :)