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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LSK is now sitting in support line and also formed a double bottom which is a bullish reversal pattern.This double bottom means the bearish trend will be changed to bullish trend
RSI is below neutral zone
STOCH bullish cross
MACD bullish cross but we are below neutral zone (which is a bearish sign) so only this bullish cross is confirmed,not the trend
. Lisk/Dollar 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 41.
. While the RSI downtrend is not broken, bearish wave in price would continue.
. The price downtrend in the daily chart is broken, so the probability of the resumption of...
Richimoku & Kumo Waves on Lisk / LSK
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LSK looks like its in a great place to be a buy right now.
Pretty much just above the weekly OB. which has been already tested couple of times.
kind of looks like an Adam and Eve bottom.
You're buying support.
LSK, again a fair dinkum project with great fundamentals (I think, DYOR)
- now down to 28.8k
and finally 8.8-9k sats if we ever get...