LSKBTC
LSK - Lisk short-mid+longterm Fibonacci No. 2 (correction)new follow up on my last Lisk chart - here is the correction of the Fibonacci resistance fan
small Fib is shortterm
middle Fib midterm and
overall Fib is longterm
Lisk saw some updates on their Server-daemons - v 0.80 atm
blog.lisk.io
cryptocoin.cc
and they are aswell a big Hodler of Byteball
bitcointalk.org
explorer.byteball.org
and after that higher Low we can draw a new uptrend
still, make your own TA to have a comparison
yours coinwide
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.
LISK possible targetsI have no idea about LISK, so this is just based on Technical Analysis. If this works out in the end and you made profits, please let me know in the comments why do you think LISK is a good investment. I'd like to know more about the fundamentals but I'm not so interested into researching it myself.
Stop-loss at 0.0002.
Good luck!
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.