There is a probability of resuming the uptrend in LSKETH

BINANCE:LSKETH   Lisk / Ethereum
Technical analysis:
. LISK/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.014410 to 0.012660). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.014410)
Ending of entry zone (0.012660)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.017200
TP2= @ 0.018660
TP3= @ 0.019493
TP4= @ 0.021320
TP5= @ 0.022868
TP6= @ 0.024030
TP7= @ 0.026240
TP8= @ 0.031060
TP9= @ 0.037180
TP10= Free


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