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Lisk

LSKBTC Touchdown! We hit the golden ratio.Link recently had a massive pump by the hype surrounding the rebranding. But like most of the times, there was a massive dump when reality caught up with the hype. Lisk has had a violent dump, but perfectly retraced to the golden zone (between the 0.618 fib and 0.65) and immediately broke the downtrend it had since mid February. The breakout is potentially starting a 5 wave elliot structure with the wave 1 already formed by the breakout, which led to profit taking (wave 2) and now holding perfectly at the 0.50 algo target (16000 SAT) even during the dramatic BTC crash going on. It's key to keep an eye on the support zone & trend line to hold and see where it develops from here, but a break out is looking likely. Every trade can fail, but as trader we play the odds and this is looking like a fantastic position. If you want to reward me for the time I spend to research and TA and keep this going: Donate BTC: 1EQuazVs5MHpcBrceUvKWwtmFBVpNn6hxw Donate ETH: 0x9746e2692bad3dc2da5c8d759e2d8c56af74e3d9 Donate LTC: LVZef6iRGe7unhECDFmGDM8VzDMzUaGZqY Thank you and good luck! Gojira Nakamoto ps. This is not financial advise. Use the above information as an indicator, or a way to learn.
Long
by Gojira-san
4
#Lisk support being tested_still place to retrace more? $LSKstrong FIB support level @ .618 being tested looking at previous corrections it usually retrace 60% from previous high so from my point of view if .618 will be break it can leads to next support level @ .786 (100k) price still below 50 EMA on 1h TF and in downtrend, RSI not fully oversold sold my remaining LSK around 220k, looking for possible re-buy, around 100k would be veeery nice beginner - your opinions and comments are very welcome
by eddiie42
Lisk support area being tested_still place to retrace more?strong FIB support level @ .618 being tested looking at previous corrections it usually retrace 60% from previous high so from my point of view if .618 will be break it can leads to next support level @ .786 (100k) price still below 50 EMA on 1h TF and in downtrend, RSI not fully oversold sold my remaining LSK around 220k, looking for possible re-buy, around 100k would be veeery nice beginner - your opinions and comments are very welcome
by eddiie42
3
ANOTHER Lisk bullish Cypher on the DailyIf you were waiting for an "optimal entry" and were dumb enough to miss the last round; amazingly we're getting a second look. I would expect to see a push lower, (hopefully) to the $15 range but with indies bottomed and embedded it could get crazy with a panic spike low. It's worth noting that SCMR is still printing red trend candles. Typically stops would be placed somewhere south of X, or under the $12 zone. See previous published chart for more detail on the Cypher advanced pattern. Cheers! TLDR: Traditional targets : Target 1 : 0.382 retracement of CD leg Target 2 : 0.618 retracement of CD leg
LLong
by ninjabenja
2
LISK - Unleashing the Beast!!A wise man said: Wait for the trend; the trend is your friend! Lisk has had a phenomenal relaunch event. Surprisingly though, the price plummeted during the event and continued to do so for 4 days. Lisk has been one of the top performers in the past 3 months and it looks like a lot of people were taking profits prior to the event, and that followed with a panic sell from weak hands! I personally want to accumulate lisk more than EVER! A $100 lisk is coming soon, really soon. We have reached the bottom of our channel where it looks like we are approaching a perfect buying opportunity. We have a solid 3-month channel here that has been playing out well for Lisk and we are close to the bottom channel where in my opinion is a great accumulation opportunity. I expect the bulls to take control now! We are currently in a very tight falling wedge (2 purple lines) and we could breakout any minute. Could we break that channel and go downwards? Maybe! Anything is possible in this crazy crypto market! ACCUMULATION STRATEGY: - The yellow triangle respresents our first accumulation zone where you can accumulate 75% of your position. (~200,000 Satoshis) - The orange rectangle respresents the second accumulation zone where you can accumulate 25% of your position. (I don't think we will be visiting this zone, but you never know!) - The blue rectangle represents the zone where you should sell your house, wife and kids to buy more Lisk.... Just kidding :) (IGNORE THIS RECTANGLE) TARGET PROFITS: TP1: 255,000 Satoshis (27% Profit) TP2: 322,000 Satoshis (61% Profit) TP3: 397,000 Satoshis (98% Profit) TP4: 442,000 Satoshis (121% Profit) TP5: 517,000 Satoshis (158% Profit) Good luck! I am not a professional trader nor a financial adviser. Please invest/trade at your own due diligence! If I helped you make a good profit, your donations are welcome: LISK: 16913548886128029224L BTC: 1DEGt28xuBLbfrB3PkXyWKEHTf8cVmXHzE ETH: 0x39b6D4f41C5725b40f184601789d252b27043694
Long
by JoeFares
18
LISK #LSKUSD - possible rally ahead?The price of LSKUSD is about to complete the three waves corrective cycle around the level of $18 and then an impulsive rebound is expected. The impulsive scenario is valid as long as the supply zone between the levels of $12-$16 is not clearly violated. The projected level for up waves are: - wave 3 - the level of $34 - wave 5 - the level of $40. Please notice, that the market is trying hard to break out below the projected Fibo cluster at the level of $18.31, but so far no avail. This is very important clue regarding the further wave progression. On the higher time frames, the uptrend prevails, but it is not developing in an impulsive fashion.
LLong
by sebastian.seliga.7
1
LISK #LSKUSD after rebranding, now what?The highly anticipated LISK rebranding event has passed away and the question remains: to hodl, to sell, or do nothing? According to the Elliott Wave Principle, the current situation is still in favor of another wave higher, but first, the correction must complete. The first level for the corrective leg dow might have been reached at the level of $23,55 which is a 1:1 correction of waves (a) and (c). Nevertheless, the drop might extend towards the level of $23.03 and then $21.07. In the extreme situation, the last target projection is a zone between the levels of $18.31 - $17.08. This is where the first upwards wave might start to unfold. Please notice the corrective cycle might get more complex and time-consuming than a simple (a)(b)(c) correction.
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by sebastian.seliga.7
1