There is possibility for the beginning of uptrend in LSKBTC

Lisk / Bitcoin POLONIEX:LSKBTC


Technical 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

By admin