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Lsk

LSK Forms Inverse Head and Shoulders Pattern, Eyes Bullish Break💎 Paradisers, #LSK has formed an inverse head and shoulders pattern, enhancing the probability of a bullish move. 💎 If #LSKUSDT breaks out of the resistance zone, we can anticipate a bullish move as it will confirm the inverse head and shoulders pattern. In that case, targets can be set until the next resistance levels. 💎 In the case of a pullback, we can expect a bounce from the demand zone and supportive trendline. 💎 However, if the price breaks down below the demand zone, it will invalidate the bullish signals. In that scenario, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
LSK: Potential Trap Scenario?🔍💎 LSK is approaching a retest of the previously broken resistance zone, which may now act as support. However, it's important to consider a few points before making any trading decisions. 💎It's possible that LSKUSDT will attempt to trap traders by momentarily touching the supportive trendline before pushing upward. This could coincide with a potential pullback in BTC, which could influence LSK's price action. 💎If LSK demonstrates bullishness and breaks above the lower high (LH), it could signal a bullish move, although the probability of this outcome may be lower compared to finding support from the supportive trendline. 💎In the event of a breakdown below the support zone and supportive trendline, it would be considered bearish. However, it's advisable to wait for better price action confirmation before taking any action and to ignore it until clearer signals emerge.
by MyCryptoParadise_Nathan
There is a possibility for the beginning of an uptrend in LSKETHTechnical analysis: . LISK/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 39. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.011000 to 0.010000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.011000) Ending of entry zone (0.010000) 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= @ 0.013300 TP2= @ 0.013900 TP3= @ 0.014900 TP4= @ 0.015700 TP5= @ 0.017100 TP6= @ 0.018350 TP7= @ 0.019400 TP8= @ 0.021960 TP9= @ 0.025550 TP10= @ 0.030660 TP11= @ 0.037180 TP12= Free
LLong
by ForecastCity
There is a possibility for the beginning of an uptrend in LSKUSDTechnical analysis: . Lisk/Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. . While the RSI downtrend is not broken, bearish wave in price would continue. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (2.79 to 1.70). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (2.79) Ending of entry zone (1.70) 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= @ 4.72 TP2= @ 6.00 TP3= @ 7.19 TP4= @ 9.95 TP5= @ 11.63 TP6= @ 14.57 TP7= @ 17.31 TP8= @ 33.05 TP9= Free
LLong
by ForecastCity
There is a possibility for the beginning of an uptrend in LSKBTCTechnical analysis: . LISK/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00043500 to 0.00034000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00043500) Ending of entry zone (0.00034000) 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= @ 0.00076560 TP2= @ 0.00088700 TP3= @ 0.00103390 TP4= @ 0.00111760 TP5= @ 0.00135230 TP6= @ 0.00155210 TP7= @ 0.00173000 TP8= @ 0.00190550 TP9= @ 0.00225620 TP10= @ 0.00339820 TP11= Free
Long
by ForecastCity
There is a probability of resuming the uptrend in LSKETHTechnical 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
LLong
by ForecastCity
There is a possibility for the beginning of an uptrend in LSKBTCTechnical analysis: . LISK/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 49. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00054740 to 0.00041200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00054740) Ending of entry zone (0.00041200) 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= @ 0.00076560 TP2= @ 0.00088700 TP3= @ 0.00103390 TP4= @ 0.00111760 TP5= @ 0.00135230 TP6= @ 0.00155210 TP7= @ 0.00173000 TP8= @ 0.00190550 TP9= @ 0.00225620 TP10= @ 0.00339820 TP11= Free
Long
by ForecastCity
A trading opportunity to buy in LSKUSDTechnical analysis: . LISK/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 49. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (2.79 to 1.41). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (2.79) Ending of entry zone (1.41) 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= @ 4.72 TP2= @ 6.00 TP3= @ 7.19 TP4= @ 9.95 TP5= @ 11.63 TP6= @ 14.57 TP7= @ 17.31 TP8= @ 33.05 TP9= Free
LLong
by ForecastCity
A New Opportunity To Buy in Lisk ...Technical analysis: . LISK/DOLLAR is in a Range Bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (10.00 to 07.00). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (10.00) . Ending of entry zone (07.00) 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 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= @ 15.00 TP2= @ 17.50 TP3= @ 20.10 TP4= @ 25.00 TP5= @ 34.00 TP6= @ 41.40 TP7= Free
LLong
by ForecastCity
There is possibility for the beginning of uptrend in LSKBTCTechnical analysis: LISK/BITCOIN is in a range bound and beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 58. Trading suggestion: The price is in a range bound, but we forecast the uptrend would begin. There is possibility of temporary retracement to suggested support zone (0.00122 to 0.00100), if so , traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.00122) Ending of entry zone (0.00100) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00156 TP2= @ 0.00173 TP3= @ 0.00220 TP4= @ 0.00288 TP5= @ 0.00336 TP6= Free
Long
by ForecastCity