Today bullish scenario for Lisk,
I wish this will happen, but in general we are in very bad situation with global economy, we cannot forgot about it. Markets can show some weakness near future and bitcoin can follow it. Demand zone can be much lower where we think. Advice to follow situation, and take responsible decisions.
Good luck people
Lisk after falling from the level of + $ 2 all the time moved down. We have stored a lot of strength and after the last consolidation you can see an emerging volume that may mean that we are getting ready for the next ride up. Everything looks great.
LSK moves in the upward channel. The best time to buy in the current situation is $ 1.37 for LSK. Lisk has been moving in this channel for some time and respects him.
Everything looks great.
LSK broke the downward trend lines. This was not a strong breakout but it was the first good sign for further increases. You must now wait for the D1 candle to close. If we close the trend line above it is a good sign. Secondly, another important place would be to close the D1 candle above the level of the green box.
LSK/USDT: Podemos ver en la imagen como Lisk ha tenido un movimiento previo alcista y parabólico, por lo cual podría traducirse en una corrección a puntos fibonacci y soportes importantes, los cuales he marcado en la gráfica colocando puntos de Compra/Venta que pueden llegar a cumplirse en el Mediano y Largo plazo, mas que un trade de intradia este gráfico esta...
Lisk is still unable to break the downward trend line. The situation is good enough to know that we can prepare for an attack around $ 1,1 for LSK. In the near future I expect a strong downward moment to rebound from the lower levels of fibo 786 and an upward move to $ 1.4. It is worth observing.
*I changed the development of analysis on the binance market...
Take into account that ALTS grow best when BTC saves a given level for a long time and does not fluctuate significantly. In this situation, take into account possible strong increases on BTC or a decrease, you have to consider three scenarios for LSK. I personally think that the orange scenario has the best chance of occurring and is getting ready for it. It...
LSK rebounded from the price of $ 1.2 and soared up to test the downward trend lines. As you can see the volume was nice but the trend line turned out to be too strong. Personally, I advise against entering positions now. It's better to wait for $ 1.2 again.
The LSK course bounced back from where I expected it. Personally, I have already obtained 7% of earnings, because I think that LSK will fly even lower to around $ 1.2 and it is possible that then it will break the mountain from the downward channel to around $ 2.2
The Lisk course exploded from the bottom of 2016 to the last peaks of 2019. The resistance at 2.2 turned out to be strong enough to act as a supply zone, which is understandable due to the long consolidation at that place in 2019. What is the plan:
The price after such big increases will probably fall to 618 fibbo (green box). After posting this level, I expect a...