LSKUSD trade ideas
LISK #LSKUSD - more downside ahead?The price of LSKUSD really likes 78% Fibo, because it tests it for the second time. Involvement of the demand side is small, so the potential upward movement in the form of a five impulse waves emains in the dream zone. Ewentually, growth scenario may start to be seriously taken into account only when the price breaks the level of $ 22.00 in an impulsive way.
Lisk Next big gain coinstrong support and also trend line support
and also good news is there this month.
LSKUSD possible long tradeSetup on LSKUSD using golden ratio on Fib retracement. Possible Long trade.
Lisk currently in a Falling Bullish triangle atmLooking like a possible break up in the coming days/weeks.
This period followed a perfect 5 Elliot waves up and a ABC corrective wave down. Hoping that we are about to see a healthy new wave 1.
The sell the news investors decided to sell off a few days early before the Feb 20th relaunch/rebrand event in Berlin. Been accumulating more lisk during the downtrend.
As always:
#NotAFinancialAdvisor #MyOpinion
ANOTHER Lisk bullish Cypher on the DailyIf you were waiting for an "optimal entry" and were dumb enough to miss the last round; amazingly we're getting a second look. I would expect to see a push lower, (hopefully) to the $15 range but with indies bottomed and embedded it could get crazy with a panic spike low. It's worth noting that SCMR is still printing red trend candles. Typically stops would be placed somewhere south of X, or under the $12 zone. See previous published chart for more detail on the Cypher advanced pattern. Cheers!
TLDR:
Traditional targets :
Target 1 : 0.382 retracement of CD leg
Target 2 : 0.618 retracement of CD leg
LSK has yet to be exposed to real moneyLSK has had a hell of a time trying to gain traction as some individual or a group of actors appear to be pumping at strategic moments and then draining the market of profits. However... Recently, we had a drip without a recovery. This could indicate that a pump is coming soon. Beware of the bear. These wicks are far too long for this to be a large enough market to which it can resist these large swings in price.
The RVI has been low for quite some time and it is unusual that after a relaunch that LSK should still be down this far. However, due to the already widely accepted coding language, I would expect that LSK will become a short-term favorite for block chain applications to be tested before attempting to recode into a lesser known code. Again, it is unusual that the market would react to the relaunch with such skepticism.
We are however testing a support line once again. March could be a whole new ball game for LSK, for better or worse. This is the point at which one should be considering their positions if they have recently invested.
(BTCStrategies Disclaimer: All information shared is for education, speculation, and encourages discussion. Always review risks before investing in any crypto/fiat or stock position. BTCStrategies may suggest things, however as the quote goes -
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― Ralph Waldo Emerson, Self-Reliance)
What is going on with LSK?is it going up? it may be an uptrend BIG channel, but the volatility is CRAZY!
it's plummeting now below the moving average, and the RSI is dipping bellow the 40's, but it did the same before the last big rally.
so what IS going on with LSK?
LSK 80% profit potentialIn the 4 hour chart, it is sliding down along with the support while RSI has bullish divergence and MACD crossed at bottom.
It has so much potential at this point, but I worry about Bitcoin drop. If bitcoin doesn't drop, LSK should bounce to the next resistance. Should stop if support breaks.
Let's see.
LISK #LSKUSD - possible rally ahead?The price of LSKUSD is about to complete the three waves corrective cycle around the level of $18 and then an impulsive rebound is expected. The impulsive scenario is valid as long as the supply zone between the levels of $12-$16 is not clearly violated.
The projected level for up waves are:
- wave 3 - the level of $34
- wave 5 - the level of $40.
Please notice, that the market is trying hard to break out below the projected Fibo cluster at the level of $18.31, but so far no avail. This is very important clue regarding the further wave progression.
On the higher time frames, the uptrend prevails, but it is not developing in an impulsive fashion.
LiskLooking to see what direction price breaks this wedge at.
If it breaks it to the upside I'll be adding positions.
Say price falls.. I'll then look to add at a lower price.
Be patient and see what price does. i'm liking Lisk's project.
LSKUSD BIG Butterfly patternLSK seems to be creating a C of a Butterfly. If that is indeed the case, we can expect a move up to the 1.272 or 1.618 ext which will mean an increase in $ terms per LSK of 150% / 200% respectivly
LSK/USD we reached the bottem will it breakout?the downtrend stayed perfectly between 2 lines and we reached our bottem now, new weeks starts tomorrow and i see a bright future
LISK #LSKUSD after rebranding, now what?The highly anticipated LISK rebranding event has passed away and the question remains: to hodl, to sell, or do nothing?
According to the Elliott Wave Principle, the current situation is still in favor of another wave higher, but first, the correction must complete. The first level for the corrective leg dow might have been reached at the level of $23,55 which is a 1:1 correction of waves (a) and (c). Nevertheless, the drop might extend towards the level of $23.03 and then $21.07. In the extreme situation, the last target projection is a zone between the levels of $18.31 - $17.08. This is where the first upwards wave might start to unfold.
Please notice the corrective cycle might get more complex and time-consuming than a simple (a)(b)(c) correction.
BTC could give us a new entry on Lisk. Maybe? Please?If you too missed your entry on Lisk, ok so first now is not the time to buy, and secondly, keep your finger crossed, maybe BTC falls down in the next 10 days and we get to buy Lisk. Anything is possible.
I believe the scenario 2 is the most realistic. The price is so inflated thought by all the speculators that heard somewhere "buy the rumor sell the news" and think they know some secret, we could fall down to the trendline and then slowly go up from there.
Disclaimer: Missed my entry at 7$ but still bought a very small amount at inflated price. Not using a stop loss because I am prepared to lose ALL my investment. If we get in the buy zone I will buy some, but still not a vast amount. I have a Lisk wallet installed on my PC :D
Lisk possible marking with the growth of BTC.Lisk possible marking and level, provided the growth of BTC.
