Feeling FliskyLots of good news coming out from LISK also with the ETH/ETC debacle LISK is just about the only like alternative (competitor) out there at the moment. If it follows the channel we're heading towards the next Fib extensions or two. If it pumps then 0.5 Fib extension is my personal target. If it breaks the trendline then I'm out.
Lisk
LISK 3rd triangle into channel?All details at chart.
We saw 2 triangles with bullish continuation. First was symmetrical triangle, second was symmetrical or ascending (with upper line @45k). Now, we spiked a lot and touched upper line of channel. Lisk will go above this channel as soon as possible or will stay into it and will form (white) pennant (pennant is symetrical triangle after spike - "pole") or will form ascending/descending triangle (red and blue). Channel is pretty bullish and wide - we have 2 versions os lower line. If we would stay into channel, best buy-in is at lower line (with small sl because we can go under channel if we would test line again).
Anyway, we should see interesting price action next days on Lisk.
If you already sold, recomendation for now is wait. If you hold - hold or/and sell at upper line of channel. If you bought high at fomo on this pump - hold and sell if you have profit. Don't do bad fomo-moves, it should consolidate/correct a little bit. 1st and 2nd triangle time was around 1 week, so maybe we will see again out after that time (but it can be much faster because Lisk have now more volume and much more attention).
Stay tuned and good luck.
UBER BULLISKwe're on a verge of huuuuge uptrend on LISK guys... dayly charts are just bonkers. were fighting the upper trendline of downtrend channel if we brake it there is no pressure level until 65... and that level probably will mark the end of 1st elliott wave. just look at it :D ain't it beatiful? watch closely if volume onpoloniec overtakes etheres we're goint to tha mooon baby !
Daily candles Lisk pattern?Just for fun.OK, here's daily chart of Lisk at poloniex. I noticed that we had 1 big green candle + 6 mostly neutral smaller candles and again 1 big green. Now we have another 6 after big green. Size of Big Green candles is very similar. So if this is kind of pattern and it is not ending yet, we should see now another big green candle with similar size like others. Well, to be honest it would be too nice to repeat it, but I decided to publish this as a fun-chart. I don't know if this "pattern" will happen again but it looks pretty interesting to me. Good luck!
LSK ascending - strong move ahead?After we've succesfully defended 0,0004 we can see ascending triangle and risin wedge forming on the chart. another attempt to break 0,00045 - the key pressure level is due. patterns should complete in day or two and either confim or deny the uptrend but it all looks good for now. i would expect another leg up in 0,0005 area soon. if we defend 0,000445 as new support after that it will be very bullish sign.
Oh yeah! Daily Lisk is bullish!All details at chart. Possibly and not-greedy target for 2nd leg of potential uptrend (first real uptrend in Lisk lol) is area between 55k (one of the highs) and .382 fibo corresponding with my old target of higher high. The big triangle is old story and Lisk did huge fakeout-down just to get back on bull track with that daily bullish monster. Of course Lisk market are not used to play uptrend so market now is not sure, frightened and shy. Buy zone was obviously all below 40k but first below 45k. In long run all below 50k should be "cheap". Conservtive traders can wait to break 50k with stronger buy signal. MAs above 60k are not good for daily Lisk, but even that we can see nice bull touch of 50ma by daily green.
LSK - the long awaited breakout?Today happended what every LISK bag holder was waiting for. LSK has finally broken out of downtrend channel and it happened on good volume (its 5 times the usual 24h LISK volume we were observing past weeks) and bottomed twice (A & C) on nice volume prior to that. The pump looks great on every timeframe now and LSK will try to break next important pressure level around 0,0005 very soon. If we break it and stay above 0,00045 we might have something big cooking here but no news were released so far so be careful: it's "anything can happen wednesday" :}
LSK Pump coming inPrimary target 0.00052
Long term 0.0006 the next big resistance
Stop loss 0.00046
Be safe
LSK breaking out from consolidationLSK might be heading up from here. A strong base at 0.0004-0.00045 has been established and I expect it to be a strong support going forward.
Possible LSK This could happen, but we need to see if volatility and liquidity comes back into the market.
LSK has been in accumulation zone, whales could be looking for more accumulation.
Safe to buy all close to 0.0004
LSK looks ready for an advanceBased on 4h chart it looks like LSK is ready to break the downtrend line and advance.
Ponzi Charts Everywhere - Increasinly RISKyMost obvious... Lisk - by far - is the most worthless addition to Crypto World. This LSKBTC ratio is a complete joke. Needless to say what to do...
Happy Tarding!
LSK updateThings are getting super interesting
If we break current top 0.00066 then the target will be 0.00075 for sure base on trend fib
If we don't break local top on this second attempt we most likely will be going back down to 0.00052-48
Good Luck.
LSK ProjectionThe path in front of us
Target for a long here is 0.0006 Short term
This chart is invalid if we go below 0.000473
Lisk W bottom DreamsBought with full force at 0.0005
I'm bagholding hard this coin.
Be warn this could fell to 0.0004-35 level before showing signs of retrace right now we are still in downtrend
Keep a look out for the rupture of Trendlines.
This trade could take up to a month or two
My primary TP is 0.001 and beyond.
LSK/BTC SEESAWIt seems like Lisk is exhibiting signs of the 'Bitcoin Seesaw Effect'. Crypto Investing #43 - What Is A Bitcoin Seesaw Effect? - By Tai Zen
BITFINEX:BTCUSD has shown phenomenal growth since June 12, and has continued to push forward in the past 24 hours. Until we start seeing strong signs of POLONIEX:LSKBTC breaking to the upside, a continuation of the downward trend channel and a test of $0.44 - 0.33 USD is not out of the picture as we wait for the 'Bitcoin Draft Effect'. Crypto Investing #42 - What Is The Bitcoin Draft Effect?
What are your thoughts? Let viewers know in the comments below!
High possibility for LISK on its 5th WaveBy combining Fibonacci Time Zone and Elliott's pattern, it seems like that LISK now is going to its 5th wave. May be it is a good time to buy, although I am not sure how much it can reach its peak.
Some more long on LISK hereBTC went 30% up, LSK/USD just 10% down, LISK is a very viable trade on long side here, it is stable. When BTC goes down LISK goes roof. Easy tripling money (or even much more).
Expext the next leg upBTC went very high while lisk waits for its push. In USD LISK made 20% up with the btc push, when BTC is going down, LISK will moon from here. Set up is fine, I will shift some more from ETH to LISK at this point.
