Lisk (LSKUSD) made a critical Triple Break on the current 1W candle as it first broke above the 1D MA200 (orange trend-line), then the Lower Highs trend-line and eventually the 1W MA50 (red trend-line).
When the very same group of levels broke in the past (May 20 2017 and February 03 2020 weekly candles), the price always reached the previous Lower High, which...
lisk seems to bottom out in this rising bullish channel
found support at 2.15 dollar
will most likely hit 1.618 fib
total2 looks good to
use good risk reward and only invest what you can 'afford' to lose
lets kill 2022 ;)
Not a nice cup & handle for Lisk (LSK) but price at support.
Also RSI at strong support level as well.
What will happen if Lisk leaves the orange channel? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
hey traders, there is lsk, we waited it for a long time so, we need a close above the blue line for 1D bar to get the green lines (short term's targets)
the yellow lines (long term's targets) and the stop loss is a close under the red line for 1D bar
trade carefully guys and don't forget the risk management.
At first blush there seems to be a lot going on here but spend just a minute to examine the trend lines and thier origins. They're showing you where we'll find support on a bearish move, or resistance on bullish move, far into the future. This is a weekly scale, log chart.
Fundamentally, Lisk hasn't been the most exciting blockchain project. However, what they...
💥Hi my Friends,
🟩 AS you see on the 1w chart LSK is very close to breakout the sub downtrend
any close above it will see a good move for LSK
if we have a look on the history of the coin will see that the next rally should be between November and end of march 2022 then will go bearish for another looong time
Also have a look on the RSI we spent 27 weeks in a...
💥Hi my Friends,
🟩 AS you see on the 1D chart LSK breakout the Symmetrical Triangle
Entry:- Close daily above 3.8$
Targets :- As mentioned on the chart on yellow
SL:- Close Daily below 2.4$
🟩---------Not a financial advise
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