The price bounces from the support zone formed by SMA50 and 0.001200 support level. RSI and MACD confirm price reversal. DMI shows trend markets conditions and confirms that probably the correction is over. We have buy opportunity. Pending orders should be placed above the local swing high at 0.001500 level. Stop orders must be below 0.001200 support level. Profit...
> MACD has just crossed on the daily timeframe
> BTC/BCH and the uncertainty around should make the alt shine
> TTM looks great
> Fundamentals are rather great for LSK
Target : The previous ath as a starting point
We need the bulls to enter and see some volume to confirm the bullish trend.
A few indicators to support the idea that $0.00107 BTC is the next price for a change in trend upwards, thus a possible entry point.
Not a financial / investment advise, only my analysis.
Hello everybody
if this strong bull move continue we could see 0.0025 BTC in few days or maybe less , else 0.0019 BTC will be first target then continue to 0.0023.
price could face some weak hands sellers But finally we will go to $10-$20 one way or another or maybe more.
Lisk now is setting on $750M market cap and most of holder are waiting 1-2 Billion market cap.
From the last little run LSK had 3 days ago we get a support line, which then didnt hold and RSI broke down.
Now RSI is trying to break above the same line once again. IF RSI breaks above the line and stays above it, LSK is a good buy.
MACD turning bullish, expecting CCI to turn bullish soon aswell.
It seems that lisk failed to break donwtrend. The attempt driven by rebranding news was not enough: ETH and NEO are strong and rebrending itself sounds not so promising :)
The spike stroke just to upper trend line.
Hope to rebuy at 5XXXX levels.
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Bitcoin ignited rocket, altcoins stays in it's shadow. Lisk is following downtrend since 10.06.2017, now it's bouncing off trend's upper edge and support line ~0.00067 BTC (with couple brakeouts to next support line ~0.00058 BTC. It's necessary to observe this wedge (trend channel and support 0,00067). Look also on the new local up-trend which creates triangle...
The LSK darling has just created a pattern that is quite bearish. I believe this pattern will continue until the channel doesn't break downwards convincingly.
So HOW do I make MONEY?
The interesting bit of a channel is you know two parts:
1. The money is in making Shorts
2. You need to square off position whenever you hit the lower trend line, when trend line...
LSK has been very obedient to the trend. She's awesome! Wish I had a girl-friend that way, I think I'm wishing too much!
Anyways, getting back to the chart. LSK has reached it's support level. It has intense support here. Long term trend supports. It is more like a band of supports with a lot of volume present within. Just touching anywhere within the band is...
