Hi guys..its the latest analyze chart of LISKUSDT in 4H time frame .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
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LSKUSD 1W-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for Lisk LSKUSD
I expect the price to move higher...
I hope my idea is clear
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World's 59th ranked cryptocurrency Lisk (LSK) with Bitcoin pair is forming bullish BAT pattern and expected to enter in bullish potential reversal zone soon.
Lets have a look on the LSK price action's move:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B...
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.
LSK is now using the resistance as the support. If this holds, we could see a nice ride. I am holding this one with a stop loss. Be wary that Bitcoin could ruin this trade so have a stop loss in place in case this does happen.
-Ichi cloud looks good
Buy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell when you get some profit. Good Luck!
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Lisk is currently sitting a long term tested multiple times support. Looking for a bounce from here. ALT market is a bit destroyed. I don't recommend enterting any trades without stop losses.
Possible entries are 42-48K
Good luck #LSK!
Lisk #LSK is sitting inside an ascending channel which can definitely mean we are do for a correction so, but the 4hr MACD is bullish.
As long as the bottom line of the channel doesn't break then that's nothing to worry about.
Always set a stop loss
.......and 137k in the mid to long term should be a good entry point if you believe in the project.
LSK is rising in a well defined trend channel. Also the EW-theory looks good - I think LSK could be in wave 4 to 5.
We´ve got a first aim which is the fib retracement 23.6% (13,9$). But this shouldn´t be the peak of w5. With enough momentum it should break through and rise to higher prices.
One possibility is the swing trend line at about 16.4$. In a very good...