$LSK Testing 3400support level with some bounce signals displaying on lower timeframes... On the daily there is a HUGE dragonfly doji that we will need to follow on the upcoming hours/days...
Worth setting some alerts and refresh the picture by EOD
$LSK Support zone at 3800sats was retested after the run of the beggining April leaving a big hammer candle
This could lead us to think that support is holding for now and a new trend up may be up to begin on the following days/weeks.
Will follow this coin as I see updates
. 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