LSKBTC
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
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
LISK(LSK)–very high profit/loss ratio 580%-700% EarningsPossibleHi Guys!
HODL your horses and keep at your positions. This is storm. But don’t worry we are close to the end of it. Not much room left for further BTC drop down. We mention BTC because it is our bench mark of course. It affects every coin including LISK.
So Traders. Top of the top of Lisk was in the middle of February which is weird as is occurred over a month of the top of BTC. Even more strange is the fact the last top value was achieved with little volume. So it turns out it is possible.
So the current situation is as follows.
The price of Lisk has achieved the rectangle zone which has been strong resistance since over a year time. Can we go even lower? OF course it is possible as in general market is unstable.
Our goal is to keep an eye on this coin and buy it as soon as we notice any positive movements.
On the first chart with weekly interval we can see clearly resistance zone.
We can also see on Weis Volume indicator there is no volume. We have to wait till the interest shows up.
Looking on MACD we can see there are no signs of trend reversal although it may happen suddenly.
The most interesting is Sentiment Zone Oscillator which calculates how many past sessions (in this case weeks) were closed with profit and losses. It shows us we are really at the bottom. Of course we can have couple of such bottoms before the rally but anyway we are somehow touching this level.
When looking at Ichimoku Cloud we are still in bear market – we are under TenkanSen and TenkanSen is below KijunSen. Let’s wait till this situation alters.
It terms of Profit/Risk ratio this calculation turns out to be extremely beneficial.
Let’s assume you invest $100. Let’s assume you can lose it all (which we don’t believe as LISK is very solid project but supposedly the price can drop down up to 10 000 satoshi which means 80% loss). Ok let’s stay with the idea of the complete loss. We risk $100.
ATH took place as previously mentioned in the middle of February with 34 000 satoshis. Today’s price is 50 000 satoshi swhich gives us possibility to multiply our $100 by 6,8 . It gives 680 dollars from each $100 invested. Our profit is $580. Of course it can take months. But look. You risk $100 but you can earn $580. This is VERY VERY VERY good profit/loss ratio isn’t it? Loss is possible but also reward is very high. We try to find project with maximum high profit/loss ratio. THe more you have such projects in your portfolio the more likely you earn decent amount of money.
This is the more general idea of risk management and strategy of investing into certain types of crypto.
So set your alarms. Stay cool and vigilant. BE PATIENT. THIS IS THE KEY.
Let’s wait for trend reversal.
What do you guys think of this strategy? Would you invest? Do you feel safe? Does it sound logical?
Do not hesitate to comment down below!
HUGE Hugs!
WBM Team
$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.