With the re-branding of Lisk coming up I think it is a good time to enter lisk on a fundamental AND TA side.
A re-branding usually results in a price rise with cryptocurrencies and I think this is no different with Lisk.
It's at the bottom of the pennant right now and it is bouncing on support from previous low.
Entry: anything below 0.00150 is good in my opinion.
Stop-loss: Around 0.00141. Set a tight stop-loss so you don't risk losing too much. A little below previous low is good.
Sell: Wait until it gets to the top of the pennant. Take a bit of profit there, and wait if the price is able to break the top of the triangle. If it doesn't sell it all.
Good luck!
A re-branding usually results in a price rise with cryptocurrencies and I think this is no different with Lisk.
It's at the bottom of the pennant right now and it is bouncing on support from previous low.
Entry: anything below 0.00150 is good in my opinion.
Stop-loss: Around 0.00141. Set a tight stop-loss so you don't risk losing too much. A little below previous low is good.
Sell: Wait until it gets to the top of the pennant. Take a bit of profit there, and wait if the price is able to break the top of the triangle. If it doesn't sell it all.
Good luck!
עסקה סגורה: הגיע לסטופ
Unfortunately LSK broke downwards.That's why I had a tight stop-loss on this one:)
Keep a close eye on Lisk, because I still believe the re-branding will make the price go up.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.