Only about 1 day until this $LSK triangle breaks, hopefully UP!Since its reversal from the bottom of sub 10k, $LSK has been consolidating between 0.00021-0.00037 for the last week or so.
We have about a day or less before we break out of this triangle, hopefully to the upside. Buy the breakout, or the throwback, coz if we go up, this move will be big.
Lsk
Arise LiskLisk is a coin that could potentially be one of the best buys of 2017 at these levels. Currently, Lisk has a 20million dollar market cap. Max (the CEO of the Lisk Foundation), just sold around 1000 bitcoin to fund lisk development. Lisk still holds around 10k bitcoin as well as millions of dollars worth of byteball.
So why is Lisk THE coin to buy right now? Simple. Value! Lisk, much like Ethereum, is a platform for decentralized applications. But unlike Ethereum, Lisk uses Javascript to facilitate its smart contracts. This makes the platform accessible to a wide variety of people.
So, fundamentally, you are looking at Ethereum's biggest competitor, with basically unlimited funding, at a 20 million dollar valuation (big value).
Technically, Lisk is showing a double bottom with bullish divergence on the weekly chart. One can also see incredible volume in the market (higher than it has been since launch). Volume never lies. The weekly has broken out of the downtrend channel and has retested the upper channel trendline on lower timeframes.
This is not a play you want to miss. Potential for HUGE upside.
Lisk inv HS with bullish target ~30k?Lisk can form now right shoulder, if so, watch neckline and bullih target (around 60-70% of perfect target).
Lisk, starting to look okSome details on chart. Currently going sideways trying to form an accumulation bottom. Still considerable risk until we break one way. Similar to a lot of other alts.
LSKBTC future chartSlow rally up to around 80-90k sat, then pumping 117% from that position to 170-180k, then falling back down to 80-90k for it's avg long term price.
That's 600% at the top of the pump from price value right now, and an average corrected price long term of 80-90k.
LISK triangle should show bull or bear winner!ABCD and incoming E?
Bull or bear?
I see potential ways:
1st way is most bullish and it can go fast with 45k+ signal of make ascending triangle with green 45k line with ending even in OCtober
2nd way is making E in triangle at upper trendline of sym triangle and bearish ending. It should lead to 30-35k double bottom.
2nd way" is E + down of tiangle +30k test and fail. This is most brutal sceanrio for Lisk bulls.
3rd way is also brutal like 2nd" but faster. It is going down from triangle without E and will occur double bottom in low 30ish area.
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.
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 !
AMP Synereo - Next decentralized social media play??Potential long play in AMP BTC.. May be be next decentralized social media play
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.
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.
