kokopuffs

LISK - Beautiful

Long
BITTREX:LSKBTC   Lisk / Bitcoin
Since my call for a bear run on Lisk, it had retraced beautifully on to the support.

Now, on the 1 hour chart, LSKBTC seems like it has formed a really pretty ascending triangle .

Usually, ascending triangles breakout for the better, however there still is a possibility that it can fail.

Use stop loss to minimize risk and happy trading.

Trade closed: stop reached: if you used stop loss, you would've only lost couple percent :). worth the risk.

Comments

Is this a good entry point?
Reply
kokopuffs JoshuaVanier
@JoshuaVanier, I would have to do a new TA. I will take a look soon :)
+2 Reply
albertwt kokopuffs
@kokopuffs, Thanks for the sharing mate.
Reply
schizaar JoshuaVanier
@JoshuaVanier, After earlier rally it retraced to about 0.78 Fib and now we are about 0.5. iI is not bad level for entry although it still might get lower. Unless it bounces back earlier.
Ah, mentioned Fib levels are based on LSKUSD chart.
+1 Reply
ah man.. this could have been really beautiful if not for BTC rally. :(

nice call though! :)
Reply
kokopuffs isaaczcrypto
@isaaczcrypto, thanks. if you used stop loss, you would've only lost couple percent :). worth the risk.
Reply
This is gonna be crucial for Lisk.
Reply
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