LSKUSD trade ideas
LSKUSD Trading Idea 06102017With Lisk re-branding coming soon, moods are running quite high.
When it comes to the outcome, I believe Lisk will go bullish for days to come with corrections.
We are looking at symmetrical triangle formation, waiting for the break out with possible outcome, long term over $8.50 !
#SmartInvestmentTeam #SIT
LSKUSD prospectLisk is behaving considerably stable at current levels. The rebranding is a building up a lot of steam under the lid and the traders are extremely enthusiastic about Lisk in the social media, however the dev team seems to be holding their rebranding plans back because of Bitcoin volatility (personal assumption) or they may be having a delay - either way it seems to be tied to the market's dynamics. Nevertheless there are some indicators (MACD close to signaling) that Lisk may soon blow the lid off, so it might be a good idea to stock up - just be wary of Bitcoin's volatility and how it unfolds. Considering all of that by the end of the year we should see at least a double digit value on Lisk, or even triple in 2018.
As this is my first public analysis a little disclaimer can be added: I'm a just a crypto-enthusiast with some experience in the market but not a professional. Do not treat this is a financial advice, merely an idea.
Long LISK/USDBreak of Descending TL on 4H, Bullish EMA's, Price structure reversal, HH/HL's, Strong break above 38.2 fib
LISKWorking with fibonacci levels. Elliott waves 1-2-3-4-5 (done) waiting for correction. Medium time term target 10$
Multi-Day Range Break LSKUSD or LSKBTCLSK has great daily chart. incredible momentum. we are seeing a nice range develop the last few days on hourly. if we take this range out it should bring us to its hold highs which is nearby giving a chance to restart a breakout. This is just a mini range break that will play into a larger pattern.
Lisk Ascending Triangle - Long$LSK - Lisk Bullish Ascending Triangle
Heading back toward $8.00 - Once it breaks through $8.00, expect $10+ in near term. Needs to hold lower ascending trend line.
#Lisk #crypto #hodl #bullish #bitcoin #ethereum #litecoin
Note: Idea/opinion, not investment advice