Lisk/ USDT Daily .
I hope we don't need another test to go long.
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On 7th Feb 2020 I posted an article where we have seen that the priceline of Lisk was moving towards $1.67 resistance level. And I predicted that if the price line will be able to breakout this resistance then it we can easily target the point of control of the volume profile of the complete price action of the Lisk. And we have seen that after breaking out the...
As you can see both alts 'flatlined' after a large retracement, Lisk has already begun a reversal, DNT will likely reverse also. I have seen alot of charts like this lately where there is a flatline zone, and a reversal has begun to take place.
Since Dec 2018 the Lisk started forming the bullish Butterfly pattern on 2 week chart and after final leg was retraced between 1.27 to 1.618 Fibonacci and this was the final potential reversal zone of this pattern from where the priceline was supposed to take bullish divergence at any time and at last in Jan 2020 the price action gave a new year surprise to its...
I am long LSKBTC, a 9 13 9 in the monthly chart, could not have asked for more than this.
Lisk is a great project, just check out there github and you will find out, that they are developing like fools!
I think it is an under the radar project, not getting the media attention that it should, but that's just my opinion.
Follow-up on $LSK
Weekly trend in progress. Good time to trail stop and use it as new Risk on Stop reference point into a new trade setup while riding previous one shall price retrace to entry suggestion
goals on the chart)
Lisk (LSK), founded in early 2016 by Max Kordek and Oliver Beddows and headquartered in Zug, Switzerland, is a blockchain application platform that seeks to make blockchain technology more accessible to the masses. Lisk focuses on user experience, developer support and in-depth documentations. Lisk’s SDK kit is written...
As we are seeing lisk as made an immense growth in past
Now it has made cup and handle formation with and bull flag which may lead as to a massive growth in coming month.
this the alt you don't wanna miss.
we are expecting a 100% growth in this alt
hold and trade safe
always have a stop loss in your mind.
LSK has now moved above all MAs and consolidating right under resistance ready for its next leg higher.
We are seeing a cross of the 50/100MA with a rising CMF, which affirms our bullish bias.
We could see LSK head for it next targets above if BTC doesn't see a sharp breakdown.
Lisk has found support on the 1.272 FIB from correction wave back in August 2018. 3 day RSI moving up nicely, with Weekly RSI bottoming out. Lisk will be listed on BitPanda (largest crypto broker in EU) on March 7th which will add more exposure to the project. Also, SDK framework is out and the tools for Lisk to start making serious headway is just beginning. ...
Trade Duration: Medium
Lisk is quite stable project with a strong team.
Looks like $LSK completed it's cycle and now finds itself in accumulation phase.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!