Liskusd
Tirangle pattern still holding more than 200% gain up to $24$24 (more than (214%) till Rebranding at end of February is possible as of Triangle Pattern is holding.
LSKUSD $13? Elliot Wave AnalysisWhy I think this:
Strong bullish indicators
-Good volume on breakout of consolidation phase
-Falling wedge on RSI (white line on RSI graph)
-Recently had a bullish MACD divergence on 4h and longer candles (more on this later)
Don't enter now, however for these reasons
-RSI at the top of resistance on falling wedge
-Bearish MACD divergence on shorter candle length (45 min, 1h)
Instead, wait to enter potentially at these times
-Bullish MACD divergence on shorter candles
-Breaking out or at bottom of support of falling wedge on RSI
-As long as this happens within $8-7.17, it's a good entry point
Please leave any feedback/questions in the comments. If I don't reply it's because I have been having issues replying to comments. Feel free to PM
Lisk Seems to Continue its Pattern in Reaching New HighsAs shown in the graph Lisk has been on a mid term pattern of reaching the top of shown channel and then dropping near the bottom of it within a 80-85 day average for the average total wave, within this 3rd wave that we are on we have not yet seen Lisk touch or get near the top channel therefor leaving a great room for reward if Lisk does play-out this way. The other, not so likely, way this could play out is by following the new and recent downtrend Lisk has formed but I do not see this happening being that Lisk as a project is only progressing and can see it advancing much further than where they are now.
LISK, long opportunitySTOP-LOSS: 7.35$
Take-Profit1: 8$
Take-Profit2: 8.50$
Take-Profit3 : 10$ // Long term
Good luck folks!
LISKBTC Potential Entry (Technical + Fundamental)Lisk seems to have formed a symmetrical triangle pattern over the last week.
A break below the lower trendline is used by technical traders to signal a move lower, while a break above the upper trendline signals the beginning of a move upward.
I think bulls are in favor here due to positive fundamentals (blockchain meet up berlin announced on twitter, taking place 11/22 starting 6:30pm in germany), possible hints at rebranding, and security audit november 30.
Take note symmetrical triangle is known to make large movements in direction of breakout, so I recommend use of stop losses and limit buy orders.
Local swing highs broken used as bullish confirmations.
previous swing highs used as take profit levels.
Target 1: 150,000 sats
Target 2: 173,000 sats
Risk reward: 2+
[LSKBTC] Trading IdeaSo we just saw a very good and clear ascending triangle breakout at 0.001 level and the sell target was around 0.0011, we sold most at 0.00109 since it shows signal of failure.
As you can observe there's a very strong resistance at the .00106 level, the breakout that is happening now might be fake since there's not much juice over for this bull run, of course, there are always the pumps, but that's luck, not trading. the safest would be to get out and wait.
I would wait for the people taking profits that would take us back to the .001-.00095 level that would be a better moment to buy waiting for this new and bigger ascending triangle forming.
Lisk is a solid coin and holding is always in your favor. A consolidation could happen at the 0.00107 level and that would be great.
Remember this is an ascending triangle breakout so only buy above the highest of the first candle that open and clsoes COMPLETELY ABOVE the .00107 resistance.
Sell target would be close to .00156
$LSK Elliott SequenceElliott Waves playing out very nicely with this coin. Gearing up for the 5th and final wave!
Lisk breakout ahead of bitcoin slumpOn the expectation that Bitcoin will weaken (temporarily) in the near future investors are likely to seek lesser known lower market cap Bitcoin alternatives with long term growth prospects (Monero, Dash, Ark, Neo, Etc, Golem). Expecting Lisk to increase at the very least 500% increase by the end of 2018.
lisk longThe yellow arrows on the chart show the divergence. To confirm this idea, you need to wait for the last level of resistance to break through. This movement is confirmed stochastic RCI. I recommend that you open the purchase from 4.65, stop order 4.30.
LISK: Did I buy at the right time?! Reversal Strategy in Effect.VOLUME, check. LOW RSI, check. BOLLINGER BAND BREAK, check. I have been working on developing my own unique (or not so unique) strategy. I only move when all THREE checkout. So far, I am having some positive odds. The arrow represents my buy in point. Now, this could never account for a Whale Bear Dump.
Lisk Ascending Triangle - Long$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