After a nice ride higher , Lisk has consolidated coming back to the 50% Fibonacci retracement , meeting trendline and horizontal support confluence. The bullish flag pattern looks like it will break to the upside following a double bottom at 50% fib and RSI trendline break potentially an insight into some strength going forward.
Check out the chart below
https://www.coinigy.com/s/i/5958b672e8502/?r=3d3aede3
Risk Disclaimer - Trading crypto is high risk and you should only trade with money you can afford to lose.
Hey fxcrypto,
Nice looking chart. Within a higher time frame bullish trend, any short term pullbacks into previous resistance turned support is worth watching. The fact that we have what looks like a bit of a flag pattern forming at trendline support just adds more confluence to back up the idea. Definitely still bullish from a technicals point of view.
I've had a bit of a look at coinigy and love how clean it looks. However, being forex focused with only crypto trading on the side, is it worth me actually switching from TradingView? The fact that TradingView does both forex and crypto is a big plus, but I love the idea of connecting my crypto accounts to coinigy. What are your thoughts on the pros/cons of the two charting platforms?
Lastly, welcome to the trading community on Steemit. It's building nicely but we need help from proper traders to fend off the binary options affiliates with quality content ;) Write an 'introduceyourself' post and get involved!
Peace!
Greetings forexbrokr
Yes I guess it doesn't have forex so I'll suggest that to them. After all so many crypto traders do come from the forex world so its probably something they should do. You are correct the connecting accounts is a big plus. Via the API's I have connected my wallets and a few different crypto brokers accounts and it gives me a total balance of my portfolio.
Thanks will certainly do a proper intro shortly.
cheerio