Uptrend coming to an end for LISK?The solid bull run has taken Lisk price into overbought territory. So a long-term correction could be on the chart for LSK coin because a news about rebrending could possibly contributing to price drop.
Right now, Lisk's RSI reading of over 73.1 is used to identify an overbought condition (signal to sell), which is clearly in the overbought territory and an indication that a long-term correction is due for several months.
The bearish sentiment is also reflected by the Bollinger Bands indicator. Lisk price is currently in close proximity to the upper band and a continued rise could see the stock breach the band. These are strong reversal signals, implying that coin price could be headed well lower after rebrending.
Lisk
LISK onwards and upwards!Anyone else see that HUGE Lisk pump a few days ago? I was reading a few reddit threads and everyone was so quick to label it a pump and dump. I may be wrong, but i personally don't think that was a real PnD.
Looks like this was some big money scooping up LISK before we see parabolic growth over the next few weeks and months.
As you can see from the volume, there was a good couple of hours of sustained volume that happened that sent the price skyrocketing as big orders soaked up thin sell depth on Bittrex.
Those huge acquisitions also didn't sell off in the subsequent hours following the pump either, so if anything this looks like a pump and hold. Which I think is a good sign for LISK.
Given that there's the rebranding coming up in less than 3 weeks, they've just achieved 95% development on Core 1.0 and the SDK is all but ready to be released in the near future, this looks like whales accumulating to me and now that the price has almost come back to find support on the levels right before the pump, it's looking like a great time to add to the LISK bags.
Buy up now around the 235K mark and thank me in a few months!
LISK - Bullish Cypher pattern Market opportunities like this don't come along very often. By definition, higher time frame charts are typically better indicators of over all trend than anything intra-day. Oddly, I find not very many traders utilize them. The bullish cypher pattern just completed on Lisk is a strong signal that we'll see a correction. Remains to be seen if it will be sustained but the entry remains a good R/R nonetheless. For more information on the Cypher advanced pattern, take a look at Nico's publication:
TLDR:
Traditional targets :
Target 1 : 0.382 retracement of CD leg
Target 2 : 0.618 retracement of CD leg
Opinion and disclosure: Lisk has - serious - potential for 2018. I do not trade Lisk, only buy more when and where I am able. I still chart it for patterns and entries, much as I do with many other pairs I follow. I have (as of 9 days ago) sold half my EOS position to buy more LISk. Be smart with your trades, and best of luck to you.
LSK/BTC Volume Analysis Prediction 2/7/2018The coin is stronger than other coins on the market.
We have break out of the trend line and strong resistance level 2400.
Strong buy priority.
Trade recommendation:
Entry point: 2350 (buy limit), 2501 (buy stop).
Stop: 1980
Target1: 2800
Target2: 3000
Target3: 3600
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
$LSK #LISK Targets - road to rebranding Feb 20th and beyondLISK is on a very bullish path at the moment. February 20th we have a major event - the Rebranding - followed by a relaunch one month later.
A strong bull rally is very possible from this moment on.
Last week with the listing on a new exchange, we could see how easily LSKBTC was pumped, counting both as a testdrive for the real rally as well as taking out as many sell orders as possible.
The test was positive and now since a few days we see the beginning of another try to break the ATH.
If that succeeds, it is very likely the second target will be pushed.
I marked the third target, not sure though is possible, unless the guys behind the scenes want to throw a Verge like party with Lisk and push the price to the moon.
In which case be prepared to take a lot of profits.
This is the day chart by the way, you can see the evolution of LSKBTC since last year, I put the pink trend lines last year and pretty much the price is following them, which is a good sign.
Enjoy!
Thanks a lot for your likes, follows and comments!
Follow me on twitter for more crypto updates.
LISK rebranding = 100% gains from entry, but correction first!G'day fellas, today I bring you LISK. I only wish that I found this gem sooner and could have capitalised on some of the sweet sweet gains, this coin has already had. No fear though. I still believe the coin has a little bit of steam to go, but before that it needs to correct before it needs to settle down.
LISK is a cryptocurrency forked from Cypti. Much like ARK, this is another platform currency but with a twist. Instead of running dAPPS on the main blockchain, each one has its own blockchain! A lot of people say that this is the better ARK and whatnot as both seem to serve a very similar purpose.
Buy zones: 0.00212978 - 0.00238579
Sell zone: Only 1 in sight. 0.0047500+
Fundamentals:
The coin is rebranding on the 20th of February. Rebranding alongside hard forks and airdrops often result in mass changes. New roadmaps are released, partnerships are announced etc, previous rebrands have let to sky high prices in coins such as VOX and whatnot. LISK is no different. They also plan to upgrade their mainnet protocols - although they are further down into April and beyond.
Technicals:
LISK looks to be completing the 3rd impulse wave up in a 5 wave elliot wave. As per elliot wave rules, it states that the 3rd wave is often the longest but never the shortest, and i can see the formation of 5 subwaves within the 3rd impulse wave up. The final sub wave is completing as we type right now,so I believe it is a good time to wait for a correction before reentering.
The first impulse wave corrected a small amount to its 0.382 fib level and was rather flat, and as a result I expect this one, the 4th impulse wave to be more zigzaggy and correct down to the 0.618 fib levels. Though you can consider laddering your buys from the 0.5 fib levels all the way down to 0.618.
Sell points are retrieved through Fib extension through the super cycle elliot wave targeting 0.00475 or more, although you can gradually take profit slowly on the way up. 0.000475 puts it just under the 2.618 levels. Reason why I selected this value is I expect the current 3rd wave to reach just under the 1.618 fib extension which is around 367k. Mind you this is is a rather prudent sell zone, as I am more of a conservative trader more happy to lock in my profits.
I am still learning TA, so please please please roast me and give me some tips.
Go ahead and grill me :) Any feedback is appreciated
Lisk looking set for one last intense moveLisk has been pumping the last weeks with the upcoming rebranding. Expect that to continue until the 20th february relaunch with increasing FOMO leading into the event. Lisk currencly lies in a nice looking pitchfork, and judging by this pitchfork, fractals and fibs this move could go all the way to ~0.007.
LISK - Major Uptrend!Lisk has shown powerful stength in the last cryto bear market. I see 2018 as the golden year for Lisk where it will get mass adoption and awesome partnerships.
In the past week alone:
- Lisk got listed on the biggest Japanese exchange, BitFlyer. (More Incoming Japanese Volume)
- Lisk got listed on one of the biggest Chinese exchanges, Huobi. (More Incoming Chinese Volume)
- Lisk moved to a new #WeWork to accomodate more developers. (More space for Developers)
Now here is the big news:
- Relaunch Event on the 20th of February.
- Core v1.0 to be released somewhere within the next 3 weeks. I predict that it will either be released right before the relaunch event, or during the event itself.
- SDK to be released somewhere around the 1st of April. (Might be delayed or released earlier, nobody knows yet!)
- Lisk so far have not engaged in marketing, but they will consider strong marketing after the relaunch event. Dash is one of those projects that excelled in leveraging marketing during the past year, and look how they grew from $16 last year to their ATH of $1600 (Of course Dash is also doing a great job in the project itself)
- Current team currently consists of around 34 developers and they are planning to expand to over 120 developers in the coming months.
- LISK is the #3 project in number of GitHub commits. Lisk team even work on weekends which shows how serious they are with the success of their project.
- LISK is mainly focusing on the mobile industry and development in JavaScript. No need for developers to learn a new language in order to start making great dapps.
If you would like to accumulate more Lisk, I have outlined the perfect accumulation zone within the yellow triangle. You can start taking positions between 235,000 and 200,000 satoshis.
Profit targets by the end of February:
TP1: 329,000 Satoshis (50% Profit)
TP2: 362,000 Satoshis (71% Profit)
TP3: 415,000 Satoshis (87% Profit)
TP4: 452,000 Satoshis (100% Profit)
I see TP2 and TP3 as conservative targets this month.
Will I be selling all my LISK? Definitely NOT! But I will consider selling 30%-40% of my position as we go thru TP1-TP4 and wait for a dip to buy back and accumulate more Lisk.
What if the price does go up but never dips? Then I will be happy with the 70%-60% Lisk that I will be holding and invest my profits elsewhere.
Taking profits is always good and helps you capitalize on minor market dips! :)
Good luck and remember to only invest what you can afford to lose! I am not a financial adviser nor a professional trader.. I just have a good eye on perfect entries, exits and holds.
If I helped you make the right decision, a donation is always welcome:
LISK: 16913548886128029224L
BTC: 1DEGt28xuBLbfrB3PkXyWKEHTf8cVmXHzE
ETH: 0x39b6D4f41C5725b40f184601789d252b27043694
Lisk Up To $50?Lisk uptrend remains intact as it continues to produce higher highs and higher lows. The previous low was at $10.7 where 4/1 Gann Fan trendline was first rejected and currently this remains a key support area for Lisk.
On the 7th of January Lisk produced a new all-time high reaching $40 and then corrected down sharply where it tested and rejected the Gann Fan trendline and the 200 Moving Average. There are now few scenarios that can take place, first is Lisk will continue moving higher from the current price. Second is Lisk will correct back to the $18.8 and then will resume the uptrend. And third is Lisk will go lower to test $10 support, consolidate and only then will be on its' way to a new all-time high.
On the downside, daily break and close below $10 could invalidate bullish outlook and extend the consolidation period, but in any case, long term trend seems to be very bullish, and it's just a matter of time for Lisk to go up again.
LISK - MAJOR SURGE IN PRICE, Can it sustain?Well, to begin with, it has been announced that Lisk has been added to a large exchange which has sent the cryptocurrency price right up in value, this happened earlier in the day and ever since the enormous increased the price how pulled down quite sharply. This is a good thing and should not be taken in a bad way, I suspect that this dip will help the currency gain more traction and momentum for a future breakout especially now that more people can access and are aware of the coin.
This chart shows that a previous resistance has now become support ever since the breakout and looking on it on the long-term view we can see that there is an ascending triangle pattern being formed which acts a great bullish sign that you want to watch out for. You can expect the price to fluctuate between the support and resistance or ascending triangle until a further confirmation for a breakout.
MACD - Since the price has spiked so quickly in value t have left the RSI in highly bought posistions evne after the drop tyhat we have already had. It indicated that there could be a further drop which would problem begin to move sideways when it hits mid-way or over sold conditions.
RSI - When we take a look at the past we can see that the same trends look to be happening (realistic you should not use past events from your trades as this is often because of news and almost acts as an outlier), however, it is good to give you an insight on where the trend could be heading next. If the MACD lines cross over in the downward direction will continue to drop to the mid-line where we will find some consolidation.
Orange - Resistance.
Pink - Support.
As always trade the lines accordingly.
LSKUSD wave 5 This is an update of a previous analysis. The wave count is still ok, and the 4 month- MA seems to be a good guide.
Wave 5 might have started yesterday, but it is to early to be sure - corrective triangles can easily produce misleading moves.
If the actual backtest of 27 USD prevails, this would be very good sign.
LISK going into FebruaryAnother good coin to buy is LISK
It had a nice run up to long term resistance trend en is now consolidating
It also has a rebranding end of january + LISK CORE 1.0 launch
LISK getting ready to blow up
A break of long term resistance trend will give us a buy opportunity
Good luck!
Lisk VS Bitcoin Waiting For Range BreakoutFollowing the previous idea on Lisk VS Bitcoin , it has reached the upside target at btc 0.0022 and broke above it, signaling on a potential uptrend continuation. However, price failed to close above the resistance although managed to produce multiple spikes above it.
At the same time, the support at btc 0.0013 has been rejected, together with the upper trendline of the descending channel and 200 Moving Average. All-in-all it can be said that LSK/BTC remains in the consolidation mode with the high probability of breaking above the resistance and continuing the uptrend. As soon as it goes above btc 0.0022, further growth should be expected where the next target is seen at btc 0.0055, confirmed by two Fibonacci retracement levels.
Lisk - Decision TimeGood day traders,
Here we have a 2h chart of Lisk.
We're currently in a symmetrical triangle which we will either break up from or breakdown.
I've drawn in multiple supports (and resistances).
Lisk will hover between them, no one can know for sure in which area.
My bet tho is that we will break up, and hover in the $26 to $31 area.
RSI going up indicates we're starting a new bull run, along some other Cryptocurrencies:
(i.e. BTC also just broke above resistance, could be a fakeout, I'm personally going to keep a close eye on it.)
Anyway, we'll see some movevment for sure as we approach the end of the triangle, fingers crossed we may get a new all-time high, and even if not that, Lisk is a $30 coin IMO, I'm confident about that.
I wish you succesful trades!
LSK longCurrently consolidating in ABCDE pattern within an ascending triangle. I like to buy at the bottom trendline and hold for the breakout, closing the position on a close below the trendline. Lisk will be rebranding on 30th Feb (around 3 weeks away), they have a big party and presentation planned and other coins that have rebranded have seen their price rocket e.g. Antshares > NEO, as there is usually some good technical news surrounding the rebranding. This is one of my top swing-trade ideas for Feb.