Recently we shared a chart for Lisk (LSKBTC) showing a huge falling wedge and a bottomed-out altcoin pair.
"Once we hit bottom, the only place left to go is up..."
Here is the chart:
Now the chart is becoming stronger and we can see an ascending triangle that...
Lisk (LSK) Overview
Watching interaction with ~11k sats level as its slowly growing in volume..
If its able to reclaim and flip it, then a lot of room to grow from here..
Taking a position now could be a little earlier, in any case use a tight SL just in case. (BTC volatility...)
Hello awesome traders.
Here we go with another trading idea, this time we are looking at LSK/BTC. Looking for another AB=CD completion in the near future.
As we can see the first AB=CD (white lines) was completed in about 12 days. Now we are in a similar situation with the first AB move from 22 to 26 Sept.
We had the pullback, the consolidation and now we...
As LISK is a good coin and has great targets upcoming, after observing Bitcoin Dominance, Price Action, Elliot Waves & ICHIMOKU and considering money management, we can step in with a potion of our money as Mid-Term investment.
$LSK / $BTC
Reached resistance at 17K sats after a nice run from a double bottom test
(25%+ from UCTS Buy signal on the 8H chart)
Trying to cross Ichi cloud
RSI at overbought levels (decreasing)
For continuation we will need volume & cross over this level
Lisk (LSKBTC) is preparing for a massive move... At least that's the feeling we are getting from the charts.
Now trading within an ascending channel, LSKBTC is starting to pick up speed after hitting a new low.
The ascending channel you see is too narrow, so it is very likely to break, yet, the projection is up, up, up, and more UP!
The first strong resistance...
- Falling Wedge Breakout Successfully..
- Volume is Awesome.
- Indicators Turning Bullish..
- Now Wait For Retest & Take Entry..
- Tenkin-Sen Acting As a Support
- 100-150% Profit Expected In Midterm..
Hit Like On Idea For Support.