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Lsk

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.
Long
by thomasfar6
LISK - 2017 Outlook BullishHere's Lisk, kind of an underdog platform, but with strong team and community. They work of a DPOS model with voting for a master node type system, so they seem to have a governance model in place which is working for them. Their core feature is that they are a platform which will function in a similar manner as Ethereum, but they will have side chains implemented when they launch mainnet and they work off of Javascript. So any programmer familiar with Javascript, which there are many, can create dAPPS on Lisk with minimal hassle. For the remainder of this year, they have a rebrand as well as the launch of their platform proper. This chart is pretty simple. A slight descending triangle which suggests a bearish quality in the short term, but the lows are getting higher inside the triangle so that may reverse soon. A couple of scenarios I see happening. I believe that Lisk will trend upward quite shortly when their rebrand happens in the next month. We may see an initial drop though, should there be another big surge by BTC. Resistance zones I've marked sync up with Fib levels nicely. Overall, I'm a mid term holder of Lisk and depending on how rebrand and mainnet launch goes about, I may end up being long term.
by dctobkk
5
LSK Trading scenarioHello! After my first idea on XRP , here comes the second one on LSK. During the previous Bull phase of the market, LSK went from 27500 to its all time high two month ago around 160000 which represents a growth superior to x5.5. An expected correction combined with the BTC fork uncertainty led to a correction superior to 50%. Therefore today LSK trade around 70-75k. With the end of the BTC fork and with the current setup of LSK/BTC, it may be a good time to invest on LSK soon. As you can see on the chart, LSK/BTC is on a descending channel (in black on the chart) which is a bullish pattern because it tends to break upward. Moreover, LSK bounced on the last days on two strong resistances: the uptrend line in purple (the upper one) and the dashed black line which is the 0.382 Fib resistance. Two triangles are forming : The first one between the orange line and the purple line which will resolve in a few days and the second one formed by the black and purple lines is a larger one that will resolve after. If the large triangle (and therefore the descending channel) breaks upward, we may witness an uptrend. The first resistance will be around 84k (the "fake" 0.5 fib resistance) and the second one will be around 100k. If the triangle breaks downward (unlikely I hope) the first will be the bottom purple line and the second support will be the 0.236 fib around 45k. On the indicators side, the mix of OBV, ADX/DMI, RSI , Volume Zone and MacD with custom parameters gave strong buy signal (Green B letter on the chart) when LSK BTC was between 57k and 65k. In conclusion, It may be a good time to load some cheap LSK before a movement up: buy when the price breaks the descending channel is a safe option, but buying when the price come back to the purple line around 65k (if the triangle don't break now) is also a good option.
by Tompouce
3