. LISK/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. There is a possibility of temporary retracement to suggested support zone (0.00038500 to 0.00033360). if so, traders can set orders based on Price...
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/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. There is a possibility of...
Trade Duration: Medium
Remember about finding the ones lagging? $LSK could be one of them...
Breaking above EMA50 with volume would trigger a nice movement up.
Both MACD and RSI rising, bullish divergences can be found too.. Stay alert #LSK #LISK
I am looking at the Lisk chart, on the suggestion of one of our followers and it looks interesting.
We have Lisk (LSKBTC) now trading within a strong demand some back from April 2017. I am mentioning this because there are high probabilities of Lisk bouncing here, especially when you look at how the altcoins market is doing.
Other than speculation, I can see...