$LSK Trading Idea & 2018 Price Projection for #LiskFollowing the 3 month long down-trend in the Altcoin markets that began in mid-September, $LSK was one of the first Altcoins to bounce back towards previous all time high levels.
After spending two weeks in a 'Bullish Pennant' / Consolidation Pattern, Lisk broke-out to the upside today to once again challenge its long-term resistance trend line around all time high levels vs. $BTC.
My general thoughts on LISK are that it is currently a solid mid-cap project that has positioned itself very well in terms of becoming a longstanding fixture in the top 20.
For more information on LISK go to:
lisk.io
coinmarketcap.com
Lisk
Lisk Long Term Rebranding $400-$500 PossibleLisk is unique as it provides a JavaScript based platform that side-chains can be built upon. The company is planning a re-branding and rollout on February 20th. Going into Neo's re-branding the coin went up 7x. I am not sure that Lisk will go that high, but I do suspect it to begin inching its way up within the next 7-10 days. Currently we will see a slight pull back with Bitcoin price seemingly inching its way up. This might be a good time to begin entering your positions on a daily cost average in order to minimize risk as it appears to be in the process of finishing its correction prior to starting primary wave 3. The coin has remained relatively stable in recent weeks, but could breakout by the end of the month prior to the re-branding. I am expecting a first target of $42 followed by a correction, before going up to $86 prior to the re-branding. This entire wave sequence will be elliot wave 3 per the chart. Thus it should not be the shortest of the 5 waves. Wave 5 of this sequence will heavily depend on what is rolled out at the event on the 20th of February. If the re-branding delivers, I suspect the coin could have a target of $130 before correcting. If the re-branding does not go to plan, and there are delays, we could see a longer wave 4 and additional consolidation after the February 20th event. Regardless, it is possible that Lisk could hit the $400-$500 mark this year. This is due to possible mass developer adoption due to the use of JavaScript. If the company delivers reliable SDK, in Q1, it is likely sidechains will be developed on the platform throughout the remainder of the year, thus increasing the value of the coin.
**Disclaimer - I am by no means giving financial advice. I am not a financial planner or advisor, nor do I pretend to be. I am just publishing an idea.
Would love to hear any comments, and/or suggestions and thoughts!
Lisk Long-Term Possible How We Get to $400-$500Lisk is unique as it provides a JavaScript based platform that side-chains can be built upon. The company is planning a re-branding and rollout on February 20th. Going into Neo's re-branding the coin went up 7x. I am not sure that Lisk will go that high, but I do suspect it to begin inching its way up within the next 7-10 days. Currently we will see a slight pull back with Bitcoin price seemingly inching its way up. This might be a good time to begin entering your positions on a daily cost average in order to minimize risk as it appears to be in the process of finishing its correction prior to starting primary wave 3. The coin has remained relatively stable in recent weeks, but could breakout by the end of the month prior to the re-branding. I am expecting a first target of $42 followed by a correction, before going up to $86 prior to the re-branding. This entire wave sequence will be elliot wave 3 per the chart. Thus it should not be the shortest of the 5 waves. Wave 5 of this sequence will heavily depend on what is rolled out at the event on the 20th of February. If the re-branding delivers, I suspect the coin could have a target of $130 before correcting. If the re-branding does not go to plan, and there are delays, we could see a longer wave 4 and additional consolidation after the February 20th event. Regardless, it is possible that Lisk could hit the $400-$500 mark this year. This is due to possible mass developer adoption due to the use of JavaScript. If the company delivers reliable SDK, in Q1, it is likely sidechains will be developed on the platform throughout the remainder of the year, thus increasing the value of the coin.
**Disclaimer - I am by no means giving financial advice. I am not a financial planner or advisor, nor do I pretend to be. I am just publishing an idea.
Would love to hear any comments, and/or suggestions and thoughts!
Lisk Conference and Re-branding February 20th IdeaLisk is unique as it provides a JavaScript based platform that side-chains can be built upon. The company is planning a re-branding and rollout on February 20th. Going into Neo's re-branding the coin went up 7x. I am not sure that Lisk will go that high, but I do suspect it to begin inching its way up within the next 7-10 days. Currently we will see a slight pull back with Bitcoin price seemingly inching its way up. This might be a good time to begin entering your positions on a daily cost average in order to minimize risk as it appears to be in the process of finishing its correction prior to starting primary wave 3. The coin has remained relatively stable in recent weeks, but could breakout by the end of the month prior to the re-branding. I am expecting a first target of $42 followed by a correction, before going up to $86 prior to the re-branding. This entire wave sequence will be elliot wave 3 per the chart. Thus it should not be the shortest of the 5 waves. Wave 5 of this sequence will heavily depend on what is rolled out at the event on the 20th of February. If the re-branding delivers, I suspect the coin could have a target of $130 before correcting. If the re-branding does not go to plan, and there are delays, we could see a longer wave 4 and additional consolidation after the February 20th event. Regardless, it is possible that Lisk could hit the $400-$500 mark this year. This is due to possible mass developer adoption due to the use of JavaScript. If the company delivers reliable SDK, in Q1, it is likely sidechains will be developed on the platform throughout the remainder of the year, thus increasing the value of the coin.
**Disclaimer - I am by no means giving financial advice. I am not a financial planner or advisor, nor do I pretend to be. I am just publishing an idea.
Would love to hear any comments, and/or suggestions and thoughts!
LISK Why to own it, not invest in it.LSK looks like a great coin. It looks like a great idea. It takes little bits and pieces of different projects that I feel like are very promising. I like the 101 validators idea, allowing the coin to socially deal with bad actors and activist "miners" in a democratic way. I very much like that. Its governance model doesn't touch DASH's, but its a bit more "open" than the dash model. I like that too.
From a fundamental standpoint I like the technology. A blockchain to build DAPP's for Desktops, Mobile Phones, Tablets, and a series of other like devices most certainly has applications. A SDK kit with more ease of use and better hardened security than ETH definitely has a place. It will remain to be seen if that claim has any validity - but it is exciting none-the-less.
The transactino speeds are quick, less than a second. That has to raise eyebrows, as it takes an instant swipe at many other chains having problems scaling. We all read "the ability to scale" yet about 6 months later nearly every coin suffers from exhaustion and slows down, and bogs the network. Again, we'll have to see it to believe it - but in this category LSK has been chugging along and has scaled quite nicely. That is admirable.
From a technical analysis standpoint we see a coin that is very much range trading based on the BTC economic conditions. That's no fun. Except it gives us great entry points. With clear accumulation and distribution targets, the well disciplined investor can surely buy his time and accumulate near the support channel. Likewise if you wanted to turn a profit you could wait and sell near the resistance channel. Based on the shear fundamentals around this coin; I have faith it will crush that resistance channel someday. If you're a disciplined investor, buying nearer to support...and "HODL'ing" (Hold on for dear life!) is a strategy you should certainly apply to LSK.
I look forward to your comments readers!
References:
lisk.io
coinmarketcap.com
en.wikipedia.org
LISK forming triangle patternLISK forming triangle pattern, let's hope for a breakout to the upside.
LISK Looks Ready To ExplodeMassive pennant building in LISK. All signs point towards a price rise. Stock oversold. RSI decent strength. Price above the cloud. Look like it could go on a run to take out ATH soon.
Credit to Josseph00 for calling my attention to this.
PM me for entries, targets, and custom charts.
Lisk looks like bullOK, this one is kinda hard. It's definitely a rising wedge and rising wedges are "generally" bearish. But, we are very close to the trend line and daily MACD is very close to green.
I see two outcomes: first, we break up from this wedge. Second, we go down and test the trend line (around 0.0005s), then go up. Either way, it looks like a good buy opportunity if you ask me.
Breakout potential Lisk has a fantastic team and a great open source software for developers.
Lisk is a public blockchain platform that provides decentralized blockchain apps. It was forked from Crypti by Max Kordek and Oliver Beddows in early 2016. - source en.wikipedia.org
Lisk Long termThrough this analysis it consolidates my idea of lisk being a solid option for 2018.
In this chart pattern we can see how the market gave a sudden impulsive pattern about a month ago, after that it had a negative trend . When it touched the support it created a new trend that concurs with the elliot waves. After it's corrective pattern it created a impulse x2 to the previous one.
I expect to see a correction within the next 10 days. I see two possible scenarios here:
1. Having another impulsive trend starting at the first arrow on the left .
2. Having a down trend for couple of more days and then bouncing back with a very solid upward trend. Buy oportunity in the blue arrow on the right.
Appliying some fundamental here: Lisk has shown a nice performance in the past weeks giving several updates which have promoted a certain growth in the comunity. It has many plans for months within march-april that can significantly affect this coin. I will try to keep this topic updated.
Have a safe trade.
Thoughts?
Lisk/Dollar: Short Term Sell OpportunityIf you have Lisk in your radar as a coin to invsest for 2018, then you definately know what you are after :) Lisk has great potential for the upside and definately will keep an eye for a long term investment. In case you want action and trade a short term setup, then this bearish gartley pattern is a great trade opportunity. It completes at a key resistance level - the sliding parallel of a rising channel. In addition we may see that its AB, CD waves gives a perfect AB=CD pattern. Going short at current level with stoploss above 28,000 and profit targets at 18.750 is how you may trade this advanced pattern.
All the best,
John
LSKUSDBITTREX:LSKUSD is gaining a lot on long term but recently started a nice bullish run . Tested a major resistance line and it bounced back. Will go and retest nearest support line then with enough volume trying to reach next Fib extension . Buy signal on the bounce from support line.
LISK Back To Bullish LISK Back To Bullish
After last trade lisk went down fast at daily frame missed check long one at weekly, cost us stop loss and at the weekly frame as we saw lisk show wick and back to bullish again this is noob mistake but we still learn from our mistakes.
Lisk bounced well from 0.148 fib and now play at 0.382 fib looks very good still have long way to move in it free to buy now just follow capital managment.
Targets
Short-Term
(1) 0.00145211
Mid -Term
(1) 0.00178091
(2) 0.00221931
Long-Term
(1) 0.00284702
(2) 0.00348470
Stop limit at 0.00057531 be sure you now risk and reward before join any trade
risk- reward
37 % - 277%
Tip for the Day
Be a patient trader.
Paradoxical though it may seem, successful day traders often don't trade every day. They may be in the market, at their computer, but if they don’t see any opportunities that meet their criteria they will not execute a trade that day. That’s a lot better than going against your own best judgment out of an impatient desire to “just do something.” Plan your trades, then trade your plan.
capital management is recommended.
we ask Allah reconcile and repay.