LISKBTC Potential Entry (Technical + Fundamental)Lisk seems to have formed a symmetrical triangle pattern over the last week.
A break below the lower trendline is used by technical traders to signal a move lower, while a break above the upper trendline signals the beginning of a move upward.
I think bulls are in favor here due to positive fundamentals (blockchain meet up berlin announced on twitter, taking place 11/22 starting 6:30pm in germany), possible hints at rebranding, and security audit november 30.
Take note symmetrical triangle is known to make large movements in direction of breakout, so I recommend use of stop losses and limit buy orders.
Local swing highs broken used as bullish confirmations.
previous swing highs used as take profit levels.
Target 1: 150,000 sats
Target 2: 173,000 sats
Risk reward: 2+
Liskbtc
Lisk to hit 0.0017 BTC (previous ATH) towards Lisk meetup 22/11We just finished a bull run with lisk with a 65% increase. After a correction we're seeing a possibility for another bull run coming up towards the Lisk HQ meetup on 22 november. During this meetup we expect Lisk HQ to do an announcement regarding the rebranding by providing a date and confirming their partnership and efforts with various third parties for marketing and video productions. This will send out a very strong message confirming that Lisk is backed up by one of the most professional teams within the blockchain space.
If we plot another 65% increase bull run towards 22 november Lisk would reach it's all time high around 0.0017 BTC.
BITTREX:LSKBTC
[LSKBTC] Trading IdeaSo we just saw a very good and clear ascending triangle breakout at 0.001 level and the sell target was around 0.0011, we sold most at 0.00109 since it shows signal of failure.
As you can observe there's a very strong resistance at the .00106 level, the breakout that is happening now might be fake since there's not much juice over for this bull run, of course, there are always the pumps, but that's luck, not trading. the safest would be to get out and wait.
I would wait for the people taking profits that would take us back to the .001-.00095 level that would be a better moment to buy waiting for this new and bigger ascending triangle forming.
Lisk is a solid coin and holding is always in your favor. A consolidation could happen at the 0.00107 level and that would be great.
Remember this is an ascending triangle breakout so only buy above the highest of the first candle that open and clsoes COMPLETELY ABOVE the .00107 resistance.
Sell target would be close to .00156
$LSK Elliott SequenceElliott Waves playing out very nicely with this coin. Gearing up for the 5th and final wave!
LISK!!! IS IT TIME???Hey Guys,
Today's update is going to be about the most recently Hyped coin - Lisk.
With all the great team behind the technology, we have seen a massive growth over the past couple of weeks.
As a lot of announcements and developments are lined up this year and with an amazing chart pattern showing strong upside movement, we see it rise to tremendous growth.
We recommend taking an entry at (1) as by the end of this year we are expecting Lisk to be around our target (Point A) whereas on the downside, we do not see it falling below Point (B) which gives us a great risk to reward!
Do let us know your review.
Happy Trading :)
LISK TO BREAKOUT!Lisk has not been able to break through the $8 resistance for a long while now, we have hit this mark around 3 times already and it seems to follow a pull back each time as there is too much sell orders being placed. However, once we do break through this psychological barrier (Which I believe will be the 4th or 5th run up) we could see Lisk being $10 -$15 in the medium term future.
Keep in mind there is an upcoming project such as the SDK, which will attract a lot of attention.
Lisk and simple trading rules for the unexperiencedWhat an exiting ride it was with Lisk today.
I read the chat and a lot of people who missed the train in the first place wanted to take this ride to late. I tried to warn you but the fomo was to big. In the beginning i made the same mistakes, so i decided to make this chart for you.
Trading rules:
1. You missed the train. Bad luck but you have to wait for the correction (unless its the raging Bitcoin bull).
2. There is always a correction coming 30%, 50%, 60% most traders expect 50%.
3. Buy into long red candles sell in the long green
4. Don't trade on what the chat tells you.
5. Never get greedy.
6. Set targets to sell and buy
7. Never trade on feeling know yourself and learn from mistakes
By now i expect a correction around 50% but as soon as the rebrandening news hits, the correction is over so be aware. I compared this chart to the NEO rise look at the 4 hour NEO chart you see the corrections clear.
Good trading to you