HerbHash
Long

Signals of a reversal look "lisky"

BINANCE:LSKBTC   Lisk / Bitcoin
Indicators here for LSKBTC are strongly leaning towards a trend reversal as seen here on the daily chart , considering:
1. DeMark sequential buy countdown has been fulfilled, and
2. MACD bullish divergence

Plus, what appears to be capitulation occurred on bar count 5 (after s13) with higher than average volume traded on that day. Length of divergence is 33 bars which is relatively healthy too.

A long position entry could be timed once MACD lines crossover as confirmation or a DeMark price flip happens considering a new DeMark buy setup is in progress.

Alternatively, a more risky entry at this point with only a few words of caution: Manage "lisk" accordingly ;)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out