LSKUSD - Inverse head and shoulders trend reversal pattern ANALYSIS 🔎
- LSKUSD is printing the inverse head and shoulders trend reversal pattern on the weekly timeframe. This is a bullish pattern.
- Price has been resisted by a descending trendline resistance since February 2020.
- There's is a breakout potential.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance and resistance 1 (R1).
TARGETS 🎯
- Horizontal resistance levels (R2, R3, R4).
SETUP INVALIDATION ❌
- Breakdown below the right shoulder support level.
Lsk
LSKUSD - Bullish scenarioHello,
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
LSK/BTC Approaching Major Support!!Hello Community!
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
Lets keep it simple.
We can see LSK/BTC approaching a major support zone around 654 sats. Wait for a bounce with a higher low for confirmation before entering. If it does bounce successfully we can anticipate a run to the next major s/r around 1200. Don't forget your Stop loss and calculate entries on the lower TF''s. Let's watch closely.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Wins
LSKUSDT AnalysisAt this moment, there are 3 SELL signal present and I'm BEARISH .
So, I don't think this is a good time to buy yet.
If you want to buy again, we have 3 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (1.29) for 1D to buy,
3- You can buy when candles touching the support line (0.66).
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
Lisk to will rock this ship. LSKUSDLisk is an interesting altcoin, that I believe stopped correcting recently. Anyway higher lows in daily time frames, appearing in Wave 1/2 of impulse. I'm longing it! Don't ask me about targets - the market cannot be timed.
Lisk | A New Round StartsA new group of altcoins is now going bullish... Lisk (LSKBTC) is part of this group.
On this chart, we can notice a fake breakdown marked orange... Prices broke below support just to quickly move back up.
We also see a break of EMA10/50/100 and EMA200 taking place now.
We have a higher low compared to 8-Jan, plus a very strong RSI and a bullish cross on the MACD.
To finish, we have above-average trading volume coming in.
This can all signal that Lisk is ready to grow.
Namaste.