LSKUSD CUP AND HANDLE PATTERNlskusd cup and handle formation in 4 hrs time frame ready for breakout .target as in chart.pls comment and give your reviews your responses are highly appreciated from my end.
Key stats
About Lisk
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
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 incre
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
Lisk / DollarLSK/Dollar
cmp 13.81
target 20 plus
stop 10
4 hour chart - Breakout observed with huge volumes.
Rectangular breakout.
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