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Lisk

Lisk and simple trading rules for the unexperiencedWhat an exiting ride it was with Lisk today. I read the chat and a lot of people who missed the train in the first place wanted to take this ride to late. I tried to warn you but the fomo was to big. In the beginning i made the same mistakes, so i decided to make this chart for you. Trading rules: 1. You missed the train. Bad luck but you have to wait for the correction (unless its the raging Bitcoin bull). 2. There is always a correction coming 30%, 50%, 60% most traders expect 50%. 3. Buy into long red candles sell in the long green 4. Don't trade on what the chat tells you. 5. Never get greedy. 6. Set targets to sell and buy 7. Never trade on feeling know yourself and learn from mistakes By now i expect a correction around 50% but as soon as the rebrandening news hits, the correction is over so be aware. I compared this chart to the NEO rise look at the 4 hour NEO chart you see the corrections clear. Good trading to you
Education
by Bearahead
10
LISK - 2017 Outlook BullishHere's Lisk, kind of an underdog platform, but with strong team and community. They work of a DPOS model with voting for a master node type system, so they seem to have a governance model in place which is working for them. Their core feature is that they are a platform which will function in a similar manner as Ethereum, but they will have side chains implemented when they launch mainnet and they work off of Javascript. So any programmer familiar with Javascript, which there are many, can create dAPPS on Lisk with minimal hassle. For the remainder of this year, they have a rebrand as well as the launch of their platform proper. This chart is pretty simple. A slight descending triangle which suggests a bearish quality in the short term, but the lows are getting higher inside the triangle so that may reverse soon. A couple of scenarios I see happening. I believe that Lisk will trend upward quite shortly when their rebrand happens in the next month. We may see an initial drop though, should there be another big surge by BTC. Resistance zones I've marked sync up with Fib levels nicely. Overall, I'm a mid term holder of Lisk and depending on how rebrand and mainnet launch goes about, I may end up being long term.
by dctobkk
5
OMGBTC AnalysisWe may be seeing what is potentially an elliot wave ABCDE correctional pattern. Look for the price to bounce off of the support line off the triangle (which would be E of the correctional pattern). If it bounces you may look to enter just above the support line and look to sell just previous to the resistance line of the triangle. If the price cleanly breaks through the resistance of the triangle, we may see a continuation of the uptrend and a new impulse wave. The immediate re-tracement of the impulse wave bounced off of the .5 fibonacci level. However, whats important is a continuation of an uptrend. Price targets may vary. Using a fibonacci extension of the first impulse wave I have a target as shown on the chart. This is a long term play, and if a bounce is seen off of support and through resistance look for a continued uptrend. Place a stop-loss below the triangle. Do not enter into a long trade unless you see a bounce off support and if it breaks resistance be careful for fake outs and look to rsi to confirm the trend. You want to see a clean and strong break through resistance and clearance of the previous swing high.
by UnknownUnicorn924366
16
LSK Trading scenarioHello! After my first idea on XRP , here comes the second one on LSK. During the previous Bull phase of the market, LSK went from 27500 to its all time high two month ago around 160000 which represents a growth superior to x5.5. An expected correction combined with the BTC fork uncertainty led to a correction superior to 50%. Therefore today LSK trade around 70-75k. With the end of the BTC fork and with the current setup of LSK/BTC, it may be a good time to invest on LSK soon. As you can see on the chart, LSK/BTC is on a descending channel (in black on the chart) which is a bullish pattern because it tends to break upward. Moreover, LSK bounced on the last days on two strong resistances: the uptrend line in purple (the upper one) and the dashed black line which is the 0.382 Fib resistance. Two triangles are forming : The first one between the orange line and the purple line which will resolve in a few days and the second one formed by the black and purple lines is a larger one that will resolve after. If the large triangle (and therefore the descending channel) breaks upward, we may witness an uptrend. The first resistance will be around 84k (the "fake" 0.5 fib resistance) and the second one will be around 100k. If the triangle breaks downward (unlikely I hope) the first will be the bottom purple line and the second support will be the 0.236 fib around 45k. On the indicators side, the mix of OBV, ADX/DMI, RSI , Volume Zone and MacD with custom parameters gave strong buy signal (Green B letter on the chart) when LSK BTC was between 57k and 65k. In conclusion, It may be a good time to load some cheap LSK before a movement up: buy when the price breaks the descending channel is a safe option, but buying when the price come back to the purple line around 65k (if the triangle don't break now) is also a good option.
by Tompouce
3
LSK/BTC ShortBitcoin ignited rocket, altcoins stays in it's shadow. Lisk is following downtrend since 10.06.2017, now it's bouncing off trend's upper edge and support line ~0.00067 BTC (with couple brakeouts to next support line ~0.00058 BTC. It's necessary to observe this wedge (trend channel and support 0,00067). Look also on the new local up-trend which creates triangle with channel and probably will give us faster answer - where lsk will jump. Lisk holders are awaiting some news from the project, and current price stays low due to lack of any important improvements. Maybe another wallpaper can change something ? :)
Short
by kapitankoxa
Lisk triangle breakout - going up!Im really bullish Lisk. The are going to rebrand in august and launch there SDK tot the public in Q4-2017. Then the price will really start to take off. Im not surprised to see a 20/30usd price this year. Next year should see 100usd easy. Same concept as Ethereum. Lisk is better then Ethereum since it works with side chains (Not making the main blockchain congest. This problem is already happening to ethereum at the moment) and Lisk is based on the well-known javascript language instead of Eth's unknown Solidity language.
Long
by realSatoshiNakamoto
Flag formed / Handle formedThe LSK darling has just created a pattern that is quite bearish. I believe this pattern will continue until the channel doesn't break downwards convincingly. So HOW do I make MONEY? The interesting bit of a channel is you know two parts: 1. The money is in making Shorts 2. You need to square off position whenever you hit the lower trend line, when trend line breaks with volumes, enter the short again... It's a fun play. Play it like a cat and mouse game. And please donate! I am a long way off from my college funds. I don't understand why don't loans cover USD 8000 of initial payments... I am fine if you don't wish to donate! Just make the money that's ready on the table and spend it well on the most important person in the universe, - YOU! Take it as a gift from me!
Short
by indian_ceaser
4
Where do I go from here - LSKBTC?LSK has been very obedient to the trend. She's awesome! Wish I had a girl-friend that way, I think I'm wishing too much! Anyways, getting back to the chart. LSK has reached it's support level. It has intense support here. Long term trend supports. It is more like a band of supports with a lot of volume present within. Just touching anywhere within the band is calling sharp-pullbacks upwards. Is it time to invest? Maybe. Am I investing, not yet. Why? Because I am playing with my college funds. When will I enter? Soon. Especially when BTC cracks and LSK remains constant. The ratio will become too lucrative in USD price terms. If you are confused by my last statement, it's time to brush up with some math - Ratios. And if confused with anything else, buzz!
Long
by indian_ceaser
13