As bitcoin is being indecisive and has been lurking around the $6400 area for several days now alts is where things have started to heat up. Today's pick for some hefty profits over the next couple of days/weeks is Lisk (LSK). Several indicators are pointing towards a possible bottom and reversal might already be underway. I've recently started scaling in and see some decent risk/reward.
Lisk has been around since 2016 and Lisk enables developers to create, distribute and manage decentralized Blockchain applications by deploying their own sidechain linked to the Lisk network, including a custom token.
SUMMARY
Entry: 0.0004277-0.0004490
Stoploss: below 0.0004000
Take Profit:
TP1: 0.0008110 ~ 80% profit
TP2: 0.0009144 ~ 100%
TP3: 0.0010352 ~ 130%
TP4:0.0013142 ~ 190%
Follow me @chaikofsky for more crypto picks in the coming weeks!
Showing RSI divergence on the 3D chart
Lower low on price, but higher low on RSI
Volume picking up
Visible on 1D chart below
Targets
Take profit (TP)
TP1: 0.0008110 ~ 80% profit
TP2: 0.0009144 ~ 100%
TP3: 0.0010352 ~ 130%
TP4:0.0013142 ~ 190%
Cheers and stay safe out there!
Elegant. So exquisite.
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