Lisk 1D Long term analysis based on roadmap and historic events.This is long term analysis on 1D chart LSK/BTC relation. I'm aware of historic LiskHQ delays, those have been taken in count. Chart may not work in exact timeframes, but it's about general insight and possible outcome. Description on chart directly.
Liskcoin
Possible upside potential for Lisk (LISKBTC): 4hr tf analysisThe 4hr tf downtrend in Lisk (LSKBTC) from Feb. 10 2018 to March 15 2018 has been identified as the termination of intermediate wave (A) with 3 minor subwaves W-X-Y. Price has currently broken above the latest downtrend line which is also the top of the of the wedge (ending diagonal) for the minor wave Y position.
The current set up offers a risk to reward of ~3:3 if 0.00167814 is used as the point of entry into the trade with position closed when the market reaches the bottom of the target area (0.00271562)
Target area is between 0.00271562 and 0.00288088
POI (point of invalidation) at which point the trade will be exited is a price close below 0.00136139
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.
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.
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!
LISK - Short-term Drop ?Like most of the other alts, Lisk is another one that has exploded in price lately. Now, with all this increase comes a time where there may be a need for a slight correction. this graph points out that Lisk heading for a short-term drop if we break below the support that as indicated by the purple Lines. Since Lisk is on a high right now it is not a particularly great position to be investing in, however, if you were here for the long term the coin has a lot of potential so another decrease will not affect its price for the future.
MACD - Looks very bearish at the moment and the lines are currently begging to cross over in the South direction.
RSI - is not completely overbought but there is a lot of space left for a decrease.
Orange - Resistance.
Pink - Support.
As always trade the lines accordingly.
LISK Why to own it, not invest in it.LSK looks like a great coin. It looks like a great idea. It takes little bits and pieces of different projects that I feel like are very promising. I like the 101 validators idea, allowing the coin to socially deal with bad actors and activist "miners" in a democratic way. I very much like that. Its governance model doesn't touch DASH's, but its a bit more "open" than the dash model. I like that too.
From a fundamental standpoint I like the technology. A blockchain to build DAPP's for Desktops, Mobile Phones, Tablets, and a series of other like devices most certainly has applications. A SDK kit with more ease of use and better hardened security than ETH definitely has a place. It will remain to be seen if that claim has any validity - but it is exciting none-the-less.
The transactino speeds are quick, less than a second. That has to raise eyebrows, as it takes an instant swipe at many other chains having problems scaling. We all read "the ability to scale" yet about 6 months later nearly every coin suffers from exhaustion and slows down, and bogs the network. Again, we'll have to see it to believe it - but in this category LSK has been chugging along and has scaled quite nicely. That is admirable.
From a technical analysis standpoint we see a coin that is very much range trading based on the BTC economic conditions. That's no fun. Except it gives us great entry points. With clear accumulation and distribution targets, the well disciplined investor can surely buy his time and accumulate near the support channel. Likewise if you wanted to turn a profit you could wait and sell near the resistance channel. Based on the shear fundamentals around this coin; I have faith it will crush that resistance channel someday. If you're a disciplined investor, buying nearer to support...and "HODL'ing" (Hold on for dear life!) is a strategy you should certainly apply to LSK.
I look forward to your comments readers!
References:
lisk.io
coinmarketcap.com
en.wikipedia.org
Lisk 8 hour chart: TargetTarget: 12000
Stop-loss: 06800
After a move up from the long-term trend line and double top at the 0.618 fib level, lisk has undergone a correction and has now broken the downtrend. We are looking for an initial target back at the 0.618 level before we re-evaluate. Watch for a break of the demand zone I have indicated as it could signal a further move down. Good luck.
IS LISK PREDICTABLE?There are two possible plays on LISK-BTC either the head and shoulders completes formation and we get a further drawdown (note that there's already negative momentum) OR we can see a bounce off the long term trendlines with a bounce off the parabolic trendline off the RSI. Comment on how you guys think it will play out!
Lisk Seems to Continue its Pattern in Reaching New HighsAs shown in the graph Lisk has been on a mid term pattern of reaching the top of shown channel and then dropping near the bottom of it within a 80-85 day average for the average total wave, within this 3rd wave that we are on we have not yet seen Lisk touch or get near the top channel therefor leaving a great room for reward if Lisk does play-out this way. The other, not so likely, way this could play out is by following the new and recent downtrend Lisk has formed but I do not see this happening being that Lisk as a project is only progressing and can see it advancing much further than where they are now.
LISK, long opportunitySTOP-LOSS: 7.35$
Take-Profit1: 8$
Take-Profit2: 8.50$
Take-Profit3 : 10$ // Long term
Good luck folks!