LSK / USDT
Located in a descending channel.
It has fallen as low as $ 0.9 and reacted to the bottom of the channel and $ 0.9 support.
It is currently engaged in its $ 1.45 resistance.
If it fails, it could rise to $ 2, but if it does not, it could fall as low as $ 0.9 again.
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With the overall market conditions weighing towards the bearish side, I can see LSK dipping into the top of its main accumulation zone of $1.65 - $1.35 from late 2020 and early 2021.
LSK got recently rejected at a trend line, that acted as resistance before. In addition to this, the price couldn't stabilize around the MA200 and even fell below the MA50. That's...
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Basically, the chart of Lisk speaks for itself: LSK has found a strong support area and now is heading to the $3.63 resistance.
Looking forward to read your opinion about it.
The following are machine translations:
The bottom forms w bottom.
Breakout of important resistance near 2.5.
After the breakthrough, it stepped back to 2.5 and stopped falling and rebounded.
It is expected to continue to stabilize and rebound and continue to be bullish.
Near target 3.5.
The Lisk coin has formed the double bottom formation near the 2022 year’s lowest level.
The price action of Lisk Coin is providing an upward parallel channel in the context of the daily price chart.
LSK Coin managed to sustain price above the 100-day moving average, which acted as a bullish barrier.
The daily price chart of Lisk coin is trading above important...
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We are in the 4-hour time frame. The price is now at the first support zone. If it is not supported here, it can fall down to the second support. If supported, it will move up to the first resistance zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze...
We have Lisk vs Tether (LSKUST)... On this one, we are keeping it simple.
Very easy jump to 70% profits from the current price can happen in the next few days.
It can go much higher in the weeks and months ahead.
That's it!
Very simple, right?
Namaste.
If this is not a new uptrend...we could also see a bullish span towards fibo 0.5 - 0.618
I don't like to make too many notes in the description.
Because what's in the price chart says all my calculations and predictions.
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