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Lisk

Lisk Showing A Completed Correction; More Upside In ViewLisk made a three wave pullback into blue wave (4) correction and later found some support at the region of the former wave four at 0.00079674 level. We know former corrections can usually act as turning points and in our case as a support. That said current rally can now be start of a new impulsive leg higher, with price currently trading at the beginning of sub-wave 3. That said more gains can follow on the cryptocurrency. Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
by ew-forecast
LSK to have big breakout in < 4 days (ETA: 28-6 00:00)Lisk is doing good, real good. LSK/BTC is now up 150% since previous month (24-5). 24th was the day after the first major upwards breakout (100%) for Lisk. As illustrated on the TA we see that after the first bullish breakout we see a pennant forming. After wich surely another breakout followed (initially 100%, to be boosted almost up to 200%) Is what we are seeing now, another pennant, an indicator of what is to follow? Possibilities: Bullish breakout 1 (blue): Repeat of previous breakout in volume with small bear trap (rip weakhands) INIT: 182K sat TARGET: 210k sat Bullish breakout 2 (green): Breakout with same volume as previous breakout. TARGET: 210k sat Bullish breakout 3 (purple): 100% Breakout (out of the 3, most unlikely but LSK seems to like 100% breakouts) TARGET: 243k sat Bearish breakout (red): Let's not? So keep track of the volume of LSK trades in the next couple of days, when it starts to increase, it is time to board the train. Added symbols, people like symbols
by belgian93
1
Lisk Cryptocurrency Temporary Slowing down Within A CorrectionAs we can see Lisk is trading bullish since March of 2017, and can be now trading within the final stages of a fourth wave correction. On the 1h chart we can see a triangle correction in the making, with recent price activity unfolding as a sub-wave E, final leg of a triangle. If that is the case, then more gain may follow on the virtual currency. A confirmation point of view for more gains would be a breach above the wave D and B swings. Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
by ew-forecast
LSK: New Buy ZoneIt's crazy how much Lisk is gaining confidence and start to be famous in the trader world so that I had to write three posts to follow it's evolution. Fundamental didn't change (which is normal) and Lisk is still the best project for hosting the code of Dapps. In the previous post, I've put some buy zone at the level 0.5 (by 50% of your cap at this level) and I've suggested to distribute the remaining to 0.618 level. Except that it has never touch the 0.618 and it had barely exceed the 0.5 level. But for selling strategy, we had seen that we had trigged the selling at the level 1.272 and 1.414, you should now have sold 60% of your cap. Now let's see what we will do next. Fundomentals: The fundomental didn't change so please look at my previous post if you want more information about my opinion: Technical: If you are still holding lsk, DON'T SELL IT. We may see the price touch the price 0.00177852 (or exceed it) before the real correction happens. However, lsk can also correct by just touching the level 1.414 (as it was for SC), so you should program your buy orders starting from 0.00120227 and expand them to the 0.0011836. For selling strategy, we can already program the sell orders starting from the level 1.272 and expend it so you could sell 50% of your cap at the level 1.414 and 90% of your cap at 1.618. The remaining 10% hold it or sell it at 0.0028932 (the level 2.618). I will follow the trend of Lisk and update my analysis and update the buy/sell prices depending on the evolution.
Long
by sabirdeux
20
LISK (LSK Polo) Buy recommendation LISK is a unique alternative Cryptocurrency which allows users and up to 101 'delgates' (a delegate is able to generate new coins) to utilize the platform to develop their own sidechain applications ranging from prediction markets, social media blogs, encrypted communications or anything a user might imagine using blockchain tech. From the Website ; Lisk is a decentralized network such as Bitcoin, Nxt, or BitShares. It doesn’t utilize Proof of Work like Bitcoin, or Proof of Stake like Nxt. Lisk uses a simplified implementation of BitShares’ original consensus algorithm called Delegated Proof of Stake. That means every LSK holder can vote for mainchain delegates which are securing the network. There are only a maximum of 101 active mainchain delegates which always got the most votes on the whole network, and only they can earn block generation rewards, that means there is a financial incentive to become an active delegate. Every other delegate is on standby awaiting to become elected, or alternatively, securing a Lisk sidechain. LSK has a current market capitalization of $283,106,025 (99,053 BTC) which is lower than other coins with what in my opinion have less potential applications. In other words the market cap is not unrealistically higher than the rate of adoption. While these are still eye-popping numbers it is not unusual at this time in the crypto space. The idea that anyone is able to create a sidechain based on the decentralized LSK platform is appealing and as word spreads I believe market cap will increase accordingly. SOURCES: blog.lisk.io forum.lisk.io lisk.io coinmarketcap.com DISCLOSURE: My Opinions are my own. I have not received any sort of compensation or remuneration for this recommendation. Cryptocurrency investing/trading is by nature a high risk endeavor. Consult a professional financial advisor before risking funds in any investment. I currently hold no position in LSK, however may in the future hold long or short positions in this cryptocurrency.
Long
by ljs411
3
Long LSKFundamentals: As always, I like to start with Fundamentals because I can't invest in something that is not backed with great intrinsic value. This help me to not panic when the asset starts facing a correction. So let's start: For those who don't know it, LSK is very interesting and promising than other projects for DAPPS (more than Stratis and Ethereum). Why more interesting than Ethereum? Let's say that Ethereum has the important problem which is isolating DAPPS and because of this, developpers like me will agree that ethereum is taking us back when we were installing all servers in one machine. This means that one DAPP can kill all ethereum network (will lower transaction speed and smart contracts). Lisk and Stratis resolves this problem by taking inspiration from what we use lately (vms and containers). To have more information, see : medium.com Why Lisk is better than Stratis? The major reason is that it's based in Javascript and it's code can be run anywhere (Linux, OSX and windows). Also, the community of Javascript is way bigger than of C#. So the project Lisk can be considered as a sure thing for investing. Technical Analysis: For those who know me, they know how much I love Fibonnaci. I've always used it in forex and Stock and believe me it has never betrayed me. It's just how beautiful the gold number can make you money. Here, I've used fibo in the past bull movements and as you can see it's a perfect match with the level 1.618. So that's why I have programmed my sell at 0.00097789 so I can rebuy it after correction.
Long
by sabirdeux
11