LISK GOES UPLISK is at the trend line, the chart shows the areas of contact of the support line. During the last touch, the trend line broke through, but the asset quickly returned to the growth zone.
Now the LISK is testing the support line, and then, with a high probability, it has grown at least to the 0.236 and 0.382 of the last asset growth.
Zone of resistance indicated.
Take profit - blue horizontal line
Lsk
LSKBTC GIVING A GOOD CHANCE TO PROFIT#LSK / BTC
Buy Range : 0.00058-60/0.00042 ( if coin fall buy again at this price )
Stop Loss : Below blue moving average
Target 1 : 110k
Target 2 : 149k
Pros :
- Falling wedge pattern broken
- Nice Volume on the last days
- Classic support touched and prices started to rise
- Supported By Daily MA20
- Nice 4/1h performance ( Broken Ichimoku cloud , supported and above MA , etc... )
- Weekly and Daily RSI touched the lows (31 and 15)
Neutral :
- Weekly/Daily chart not looking so good yet
- Already pumped from the lows but still valuable pick
Cons :
- It could back and retest support level if BTC/ETH market turn to negative
LSK COULD OFFER GOOD RETURNS#LSK / BTC
Buy Range : 0.00058-60/0.00042 ( if coin fall buy again at this price )
Stop Loss : Below blue moving average
Target 1 : 110k
Target 2 : 149k
Pros :
- Falling wedge pattern broken
- Nice Volume on the last days
- Classic support touched and prices started to rise
- Supported By Daily MA20
- Nice 4/1h performance ( Broken Ichimoku cloud , supported and above MA , etc... )
- Weekly and Daily RSI touched the lows (31 and 15)
Neutral :
- Weekly/Daily chart not looking so good yet
- Already pumped from the lows but still valuable pick
Cons :
- It could back and retest support level if BTC/ETH market turn to negative
A trading opportunity to buy in LSKUSDTechnical analysis:
. LISK/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (2.79 to 1.41). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (2.79)
Ending of entry zone (1.41)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 4.72
TP2= @ 6.00
TP3= @ 7.19
TP4= @ 9.95
TP5= @ 11.63
TP6= @ 14.57
TP7= @ 17.31
TP8= @ 33.05
TP9= Free
A trading opportunity to buy in LSKUSDTechnical analysis:
. LISK/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (2.79 to 1.41). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (2.79)
Ending of entry zone (1.41)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 4.72
TP2= @ 6.00
TP3= @ 7.19
TP4= @ 9.95
TP5= @ 11.63
TP6= @ 14.57
TP7= @ 17.31
TP8= @ 33.05
TP9= Free
LSK looking potentially bottomed, may be good swing trade#LSK/BTC (Binance/Bittrex)
Definitely still in risky waters, but we can try to play this uptick to our advantage.
Daily
Seeing the aggressive buy countdown 13 on current candle. as MACD is coming to convergence. pRSI shooting up with CMF yet a bit diverged from accum/dist giving a potential breakout signal. Trading below all EMAs, so with some movement and this bullish price flip current, we're looking like some good room for profits here/ Far away from the kumo resistance cloud, and it thins a bit in future, so also potentially bullish indication here.
12hr
Similar to 6hr below. bullish price action with flip and 1 sell setup, MACD diverging yet sideways mostly, CMF coming up with accum/dist. Trading into thickening kumo resistance cloud bit bearish so planning to pull this trade off sooner than later.
6hr
Showing some bullish price action on the upward sell setup 3, below all EMAs, but leary with the thickening kumo cloud we're trading into. However we do have MACD diverging adding to continued potential momentum upward, accum/dist diverged from CMF as pRSI skyrockets to bit oversold territory.
3 Day
Hmmmm TD is bit bearish, but seeing bullish price flip currently on a buy setup 4 though... indicating we're looking to swing trade this sooner than later.
Entry : 0.0008300 - 0.0008450
Target 1: 0.0008800
Target 2: 0.0009400
Target 3: 0.0010500
Stop-Loss : 0.0007400
Duration: 1-3 weeks
$LSK, Adios Amor
Weekly
Looking at our trend timeframe we see price currently testing our major support level at 50000, stochastic rsi showing momentum in favor of bears no signs of reversal. Expecting LSK to fall towards 20000.
Daily
Shifting over to our pattern timeframe we see price respecting it’s downtrend structure, stochastic rsi showing momentum has shifted I favor of bears on the smaller timeframes. A daily close above 55000 activates our trade, otherwise waiting for a drop to 20000.
LSKBTC a bit more consolidation before new growth waveAfter an impulse breakthrough in the beginning of the year, Lisk started a downtrend forming a corrective pullback. At the moment the price has fallen to the safe buy zone where the last time a growth wave was started.
The price should decrease a bit due to bearish XABCD formation at the chart. however up from the level drawn at the chart there should be a rebound.
The market forms a descending wedge, breaking through the upper edge of it will give an opportunity for further growth.
If the resistance of 0.00062 will be too strong then the price will go lower till the next support level where it should consolidate and bounce back. in case of this scenario you should buy more in parts around 0.00058.
The final stop loss is located around 0.00055 in case of such negative scenario stay tuned to our updates where we will present the best moment to reenter till the breakeven point.
Overall, the coin looks stable according to DMI and full of strength to start a growth wave
Lisk - Downtrend reaching its endGood day folks!
Starting today I am going to post my trades on tradingview to publicise my performance,
so that I can continue to review myself and also to build my own trackrecord.
Whether you follow my trades or completely disregard them is up to you but I would
always appreciate feedback be it positive or negative since I am always looking to improve myself.
So without further do, here would be my first swingtrade:
LSKBTC -0.84% has been moving in a descending triangle and is either going to break out soon or going to test the trendline .
The daily MACD is right before a crossover and the RSI has been moving in a descending channel .
Buy: ~0.00062 (40%)
~0.00054 (30%)
~0.00052 (30%)
In the case LSK continues to fall have funds in reserve to average your buys.
Sell: ~0.00068
~0.00076
~0.00081
~0.00096
Stop-Loss: Below 0.00049
Lisk Long - Solid fundamentsLisk - Blockchain applications platform.
Lots of problems on beginning, more luck to rise 14000 btc in ICO rather than ready product or solid team behind with reasonable business plan.
After year of downtrend and failures with really starting project to move forward, foundation is formed, money raised in accessible. Huge development progress, new developers on board. Possibly it may be next ethereum in no more than 6 to 12 months.
Lisk advantages
-Over 10k BTC + roughly 1.5mln eur hold (almost unlimited funding)
-Scaleable approach to support thousands of applications
-Formed team of experienced JS developers behind.
Unlike etheruem which:
-Foundation which has almost no funds
-Not scalable approach at all, most of network is not verifying transactions backwards, weaker machines are not able to catch up with network.
-Overhyped
LISK SHORT THEN LONG LONGLisk recently experienced 2 slight bubbles, those bubbles were based on promise hype. Currently Lisk is very simple version of Bitcoin, nothing beyond that. We do have delays on rebranding and 1.0.0 release. SDK has been planned on Q4 2017 but seems it will be also delayed. I think now it's time to short and then around 50-60k satoshi entering back again. Beginning of new year or end of Q1 2018 might be time when they release SDK.
Lisk - Incoming Bull Run?The tech may be new, but the market dynamics and psychology of market actors stays the same.
As new participants join cryptocurrency, it will be valuable to refresh yourself on hundreds of years of experience and research in market cycles and dynamics that are not only valid for crypto but also the stock market, real estate and literally every other market out there..
Working knowledge of these patterns and analyzing how those market cycles have played out in the past, will make more informed investors and hopefully wealthier ones too.
Demonstrated on the chart above are the 3 Lisk market cycles and an expectation of what we could expect in the current 4th market cycle.
In the coming days/weeks, we will see the anticipated CORE V1.0 release which might get people hyped up again on Lisk and we might see a decent bull run to close our 4th Market Cycle.
I personally believe in Lisk and expect the extreme bull action to be kicking off once Lisk releases their SDK and opens its doors to mass adoption where we could see a bull run similar to what we had in the 3rd market cycle, if not bigger.
It has been extremely painful for all hodlers out there during the past couple of months and this is why I strongly advise you to take profits whenever possible to have hedge to buy such severe dips and be able to capitalize from those recurring market cycles.
ACCUMULATION PRICES:
40% Position at 75,000 Satoshis
25% Position at 65,000 Satoshis
35% Position at 60,500 Satoshis
Target Profits:
TP1: 99,500 Satoshis
TP2: 118,500 Satoshis
TP3: 154,500 Satoshis
TP4: 170,000 Satoshis
Good luck!
I am not a professional trader nor a financial adviser. Please invest/trade at your own due diligence!
LISK: Buy zone; 700% profit potentialLisk is a perfect example of the market cycle we see all the time. This is definitely a buy zone.
LISK Bullish Divergence on dailyKeeping an eye on Lisk which seems to have a bullish divergence on daily timeframe.
price resting on support.
BB getting quite narrow.
Catalyst: Lisk will be releasing DEX later this year.
Could get invalidated if falls to lower support lines (red lines).
not a financial advice.
Lisk update. Nobs got reKt. First buy zone reached.He he heeey!
So I guess the messiah did not appear. All the "I know something" speculators started getting out and we followed route 4.
It can keep going down a long time, and the lower it goes the more we'll buy with our sweet trading gains.
Lisk is a good project and all that stuff. It deserves getting a bit of the money we make trading.
Worth investing some in.
There's a good chance we drop sub 10$ It got bought too much, and then, when we lose the downtrend more people will feel they got scammed and the messiah did not appear and it could snowball down.
Buy some on the way down, forget about it, come back later. profit.
But be prepared to lose everything.
Thank you for the help bringing this down Bitcoin ^^
+++ I am not a financial advisor (good luck finding one in crypto). Trade at your own risk +++
LSK (Lisk) Technically a good setup!Lisk shows us a very nice short-term reversal point!
LISK crossing area consist of:
1. Strong support/resistance
2. Historically strong trendline
3. Round number 800...
4. Fibonacci extension 141%
So if we get the bounce from here then sell around 9-18%
I tell when to sell and when to sell when to trade turns against us!
This is tehnically a good setup and I excpet that BTC moves a little bit sideways or upwards some days so...
If BTC drops everything drops again so be carefull
Good luck!