Lisk
Lisk Bullish DivergenceAfter Lisk found the bottom at $7.7, bullish divergence was formed on the RSI oscilater and price went up almost immediately. While moving higher LSK/USD broke above the descending channel and then the downtrend trendline, reaching $10 high.
The corrective wave down followed and was stopped at the 61.8% Fibonacci retracement level, that is $8.6. The Fib support has been rejected cleanly, although Lisk contiues to consolidate near that level.
It seems that now the broken downtrend trendline is now acting as the support and could be the starting point for list to start moving higher. The upside target is seen at $15.5 area, that is 427.2% Fibs applied to the current corrective wave down.
At the same time, daily break and close below $8.6 might invalidate bullish outlook and would probably extend the consolidation, rather than result in a continuation of a downtrend.
$LISK #LSKBTC - THE MOST INTERESTING CHART PATTERN OF THE WEEKHello Lads and Ladies,
Today we are looking into LSKBTC which is mentioned almost daily in the frequent discussions.
Starting mid February and ending in the begging of April LSKBTC has been in a very strong downtrend. From such a heavy downtrend it is normal that cryptos tend to make a move sideways with a slight increase and not make any big moves too fast. As wee see it charted there is a green increasing resistance line, that can be taken as an indicator for the new uptrend. ANYHOW the chart is still affected by the previous downtrend which we see it locating itself in the red decreasing triangle. Here it is very interesting to see how the chart movement from the beginning of the year still has an affect on the chart and everything else just seems to be a big breakout which was doomed since the beginning (pay a close look how far the decreasing red triangle is reaching back).
Luckily we are relatively coming to an end of this "triangle of doom" as I like to call it sometimes. The chart is right now pretty much in the middle of it, it has to decide where to go and if it ready to leave this triangle or will it still follow it. The crucial point about this is that if it leaves the triangle, we might see a new trend. The possibility that it breaks down lies at around 40% here it would most likely fall down to the 52000 crucial support. Yes, it would have a major bounce back, but it would take a lot of energy and volume to turn that into a real uptrend.
Therefore, the better bullish scenario would be if it leaves the triangle towards the slight uptrend. Here the chance that this happens lies around 60% since the downtrend is now very long/stretchy and really not that effective anymore, which indicates a good turning point. Therefore, in case of a bullish movement the chart should locate itself at the green ellipse area, just a temporary stop and stay around this level to confirm the uptrend. This also gives it the chance of following a very nice channel, which you can see with the green arrows. Also keep in mind that when it leaves the triangle it will at least touch the uptrend line, so the longer it takes for it to leave it, the bigger gains are awaiting you.
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Cheers, Tomas
LSKUSD Lisk finally looking to form a possible head and shoulders pattern with the start of a new 5 wave mini set as well looking for this to break to the upside towards the $12 handle at least.
LISK: NEW DEVELOPMENTS - PROFIT = 10.48% IN 48 HOURS!!!Our "Crypto Bottom" Trade Indicato r has correctly identified a buy in point on the 29th of May 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 10.48% PROFIT!!! IN 48 HOURS!!!
The increase in price may also be explained by positive developments including:
April 11: Lisk Core 0.9.13.
April 11: Release of Lisk Hub 0.4.0. This includes a tutorial, second passphrase registration and more.
April 21: Release of Lisk 1.0.0-beta.6
April 22: Lisk Ranked #2 in the Latest Code Audit from Darpal Rating
April 25: Lisk Hub 0.5.0 is released - introducing delegate registration within the Hub and much more.
April 28: Lisk Core 0.9.14 is released.
April 28: Lisk Explorer 1.6.0 is released.
May 17: Lisk is ranked third in a global public-owned chain technology assessment index by China’s Ministry of Industry and Information Technology, CCID.
May 18: Lisk releases Lisk Core 1.0 for Beta Testing.
May 22: Lisk announces that it has reached 200,000 wallet creations.
May 23: Lisk releases the new version of its desktop app - Lisk Hub 0.7.0.
May 24: Lisk announces it has processed 1.7 million transactions while not a single security issue or breach has occurred.
May 30: Lisk releases Lisk Explorer 1.6.1, which included UI fixes and minor functional improvements.
The general uptrend in the crypto markets as well as the positive developments outlined above.
***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
Lisk SDK 2018 huge potential! All liskers are waiting for the big price jump :) sdk should come up this year which will make a big green candle in Q3-Q4 2018!!!
as you can see on picture below lisk has broken from the downtrend
new uptrend just started.
Remember this a long term prediction.
Lisk has a lot of room to grow :)
Main targets
TP1= @ 0.00171
TP2= @ 0.00345
TP3= @ 0.00416
LSKBTC Bittrex 1D up to 29MAY18 Crypto Trading Analysis (TA)BITTREX:LSKBTC
1D Chart, also works in 4H, at this time LISK (LSK) is testing by third time the SUPPORT ZONE since April 1 (0.0010 BTC), gaining strength to move towards RZ 1 (TARGET 1 0.0014 BTC). The 50, 100, 200 MA is about to cross up its 100/200 days signals (YELLOW ARROWS), the Volume is decreasing -BUY SIGNAL-, and the Stochastic RSI Index & MACD and are both about to pierce up below 20 RSI Signal and Histogram respectively (BLUE ARROWS), we could spect the LSK price to move UPwards in the next hours. But remember, this is our optimistic approach, keep in mind that is plenty of possibilities to witness a reverse from any point at any time. At this time the Market Cap is recovering at 323 Billions and the BTC is traying to get oxigen at $7.4K. Good Luck!
1D Chart, también funciona en 4H, en este momento LISK (LSK) está probando por tercera vez la SUPPORT ZONE desde el 1 de abril (0.0010 BTC), ganando fuerza para moverse hacia RZ 1 (TARGET 1 0.0014 BTC). El Indicador 50, 100, 200 MA está a punto de cruzar sus señales de 100/200 días (FLECHAS AMARILLAS), el volumen está disminuyendo -BUY SIGNAL-, y el índice estocástico RSI y el MACD están a punto de cruzar sus señales por debajo de 20 RSI Signal e Histograma respectivamente (FLECHAS AZULES), podríamos esperar que el precio de LSK se mueva hacia ARRIBA en las próximas horas. Pero recuerde, este es nuestro enfoque optimista, tenga en cuenta que hay muchas posibilidades de presenciar un retroceso desde cualquier punto en cualquier momento. En este momento, Market Cap se está recuperando en 323 mil millones y el BTC está tratando de obtener oxígeno a $7.4K. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
LISK: BreakoutLisk has formed a bullish pattern: Ascending Triangle. Ususally these patterns breakout on the 5th touch (purple rectangles).
Is it Lisk Time? Take TwoSo this is just a continuation of the previous idea, and the charts I've been posting in the comments underneath. The first idea got invalidated when BTC began a long impulse cycle down to 7.2k. And, as we have seen in the past, particularly in this zone, Lisk has been prone to some pretty brutal sell offs. From a Fundamentals standpoint, this does not make much sense. Lisk is one of the most legit blockchain projects out there, with a very active community of developers/delegates and a respected presence on GitHub. Furthermore, we can see with all the hype around EOS, that DPOS is becoming a big deal. Of course, with all these very new systems of consensus, comes growing pains and obstacles. But Lisk has a pretty solid roadmap, with some clear milestones coming up this year. Not to mention it's premise of accessibility and ease of access to blockchain tech for developers (javascript), and an academy for blockchain development... Regardless of fickle market ups and downs, I believe Lisk is a solid long term hold/investment. Remember, it wasn't that long ago that Eth was under $15.
Again the disclaimer. Charts present possibilities, not certainties. There is risk involved. This is not professional advice.
Bitcoin - The Sale Continued, Will it be a fire sale?The chart above is pretty self evident. Short Term stay in cash.
I find it interesting that BTC has bounced off of the 365 day MA, will it hold? At this point opening trades on BTC is closer to gambling than trading. I am still long term bullish on BTC but if the Recovery Ascension Line I've drawn is violated and a candle closes below it we are going to 6510 or even perhaps 6001 which is a physiological level last reached in Feb of 2018.
At the time as 6100 is approached, I would consider opening a new position if the momentum appears to be waning and the volume has dropped off. Until then I would not consider opening a new position below a close above the 50 day moving average.
All of this has an impact on Altcoins of course. I have already added to some of my favorite Altcoins. I had set a buy for Verge at $0.048 and bought a little there but also held on and bought more in the $0.03+ range as well. Everything is on sale right now the question is, how deep will the discounts get?
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All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.
Wishing you success,
Isaac
A New Opportunity To Buy in Lisk ...Technical analysis:
. LISK/DOLLAR is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (10.00 to 07.00). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (10.00)
. Ending of entry zone (07.00)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 15.00
TP2= @ 17.50
TP3= @ 20.10
TP4= @ 25.00
TP5= @ 34.00
TP6= @ 41.40
TP7= Free
Lisk is the true “leader of today’s losers”Lisk is the true “leader of today’s losers” as the currency pair has lost nearly eight percent in the past 24 hours. LSK/USD seems to hold general bearish moods as the currency pair has significantly fallen from its May highs. However, Lisk managed to leave the red descending midterm trend line and is trading higher at the moment of writing.
Let’s have a closer look at what is happening inside the Fibonacci retracement formation. Lisk price is close to the support area at $10.3514, which coincides with 0.786 Fibonacci retracement level. LSK/USD has already crossed the green ascending trend line and several support areas as well as retracements.
The possible scenarios for Lisk are the following:
LSK/USD will break through the support area at $10.3514 and develop its downside progress towards the next support area at $9.9868, which coincides with one retracement level. If successful, bears will be able to push the currency pair even lower.
Lisk will jump off the support area at $10.3514 and run towards the closest 0.618 and 0.5 retracement levels. If bulls manage to break them through, they will be able to reach the closest resistance area at $10.9237.
There will be no significant price changes today.
Check the full crypto analysis HERE
Is it Lisk time again?Lisk got battered after re-branding event. It's is typical trader activity... sell the news. Lisk has been difficult to chart for months, notwithstanding the recent parabolic move up preceding the re-branding event, and subsequent sell off; but it was around this time last year that clear impulsive moves occurred, and Lisk 'changed category' so to speak. Now, it appears to be making much more discernible impulsive moves again. I've posted a lot of charts in the chat, on BTC and a few other cryptos. I've charted with some success using a combo of fib arcs, EW and Gann. It's a constant empirical experimentation process. But I've never felt ready to publish... Anyway. Thought I might start with this one... let's see how it plays out. Knowing Lisk, and past behaviour when it goes impulsive... it may put in some extended waves...
As always DYODD/DYOR (do your own due diligence/research). This is not professional advice. You know, risk and all that... the standard disclaimer. Charts present possibilities, not certainties.
Hari OM!
A New Opportunity To Buy in Lisk ...Technical analysis:
. LISK/DOLLAR is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (10.00 to 07.00). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (10.00)
. Ending of entry zone (07.00)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 15.00
TP2= @ 17.50
TP3= @ 20.10
TP4= @ 25.00
TP5= @ 34.00
TP6= @ 41.40
TP7= Free