Hey, I am back with another idea, this time looking at another altcoin that has come to my attention.
Lisk is breaking out of the resistance area, same as KAVA, WAVES and ZIL did! Check out my few last ideas to see for yourself.
The tactic remain unchanged, buy the breakout!
TP $2
Happy alt season!
On 7th Feb 2020 I posted an article where we have seen that the priceline of Lisk was moving towards $1.67 resistance level. And I predicted that if the price line will be able to breakout this resistance then it we can easily target the point of control of the volume profile of the complete price action of the Lisk. And we have seen that after breaking out the...
As you can see both alts 'flatlined' after a large retracement, Lisk has already begun a reversal, DNT will likely reverse also. I have seen alot of charts like this lately where there is a flatline zone, and a reversal has begun to take place.
I am long LSKBTC, a 9 13 9 in the monthly chart, could not have asked for more than this.
Lisk is a great project, just check out there github and you will find out, that they are developing like fools!
I think it is an under the radar project, not getting the media attention that it should, but that's just my opinion.
project description
goals on the chart)
Lisk (LSK), founded in early 2016 by Max Kordek and Oliver Beddows and headquartered in Zug, Switzerland, is a blockchain application platform that seeks to make blockchain technology more accessible to the masses. Lisk focuses on user experience, developer support and in-depth documentations. Lisk’s SDK kit is written...
As we are seeing lisk as made an immense growth in past
Now it has made cup and handle formation with and bull flag which may lead as to a massive growth in coming month.
this the alt you don't wanna miss.
we are expecting a 100% growth in this alt
hold and trade safe
always have a stop loss in your mind.
Happy trading
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.
Thanks guys!
Pair: LSK/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Introduction
Lisk is a next generation platform that allows for the development and distribution of JavaScript based decentralised applications using an easy to use, fully featured ecosystem. Through Lisk, developers can build, publish, distribute, and monetise their applications...
Lisk has found support on the 1.272 FIB from correction wave back in August 2018. 3 day RSI moving up nicely, with Weekly RSI bottoming out. Lisk will be listed on BitPanda (largest crypto broker in EU) on March 7th which will add more exposure to the project. Also, SDK framework is out and the tools for Lisk to start making serious headway is just beginning. ...
