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Lsk

Lisk Core 1.0 Beta release! Moon time?Good News coming from the Lisk team and reevaluation of our lisk chart! Lets get into it. So yesterday I was looking at a C & H formation (see below) and traded the breakout from the handle. Unfortunately due continued BTC decreases, Lisk didn't quite make it to retest the top of the cup formation. I was eyeing a 20 BTC sell wall that was creating downward selling pressure in the 1300 satoshi area. So we'll be looking at that are for more resistance today. Today Lisk team announced the Beta release of Lisk Core 1.0 is ready to go. Which is huge news! If you follow the team on twitter you know they have been up late night working on the alpha to get it Lisk Core out to the public. Moving on from Monday dApp registration and custom tokens will begin. Shortly after the tweet we saw some upward buying pressure and per usual in crypto people will sell faster than they will buy good news! Not us though, we accumulate at these periods and let our strong hands hold full bags.So lets look at the charts to see whats happening! Our moving averages are squeezing and converging which is a strong indicator of "explosive movement" approaching and if we consider Lisk has been a strong downtrend for weeks then we are more than likely moving upwards strongly. Additionally we take notice that the movement in the past days has formed a Symmetrical Triangle (lower highes, higher lows) signaling continuation or reversal. Again since Lisk has been in a strong downward trend since February we can lean towards Lisk being in reversal. I'm not seeing strength to breakout of the symmetrical triangle so we will more than likely come back down to test the blue support line particularly at the 12000 satoshi area. I think this will allow enough time for investors and traders to position themselves into better entries as news of the Beta launch spreads. Weekends aren't the best days for crypto news but we take what we can get. Disclaimer : BTC is King and will mess up your trades! With plenty of funny business happening with BTC and crypto as a whole (India FUD, MtGox etc...) set your stop losses tight and don't find out how much pain you can tolerate. Lisk WILL surge when (not if) BTC starts moving in a positive direction. Leave me your feedback! I'm learning TA and would love to chat! Next stop Moon! twitter.com
Long
by UnknownUnicorn1696851
Sleeping Giant: Lisk on the Move! C & H pattern [4h]KEEP IT SIMPLE! Lisk has bottomed out reaching a low of 10.2k satoshi on April 2nd and then went a big 40% move over the next 2 days. It found resistance in the 14k satoshi area which coincided with a high wick from march 25th forming a cup pattern. After correcting for a day and half we saw a breakout of the regression trend channel (handle) signaling a potential buy. Riding this next wave to retest the 14k satoshi for a 20% gain and selling. Closely watch at 14k satoshi for breakout of the cup with volume confirmation for a potential reentry. If breakout occurs we look for resistance leading into the 15.5k - 16.5k satoshi area. Disclaimer : $BTC is King and will ruin any potential trades. Since its currently dancing sub 7k and much FUD still going around be weary of any trading. Opinion : Lisk is a highly undervalued dApp platform that will surge in 2018 with its completion of a full suite of Javascript development tools for creating blockchain dApps. Javascript is one of if not the most used programming language in the world.
Long
by UnknownUnicorn1696851
Lisk #LSKUSD - in interesting demand zone, will it rally?Since the misfire with the conference of cryptocurrencies LISK, where the main event was to show a new logo, the price is slowly but surely overcoming successive levels of support. The last important level was $ 12.00, which was also stamped. Currently, the price is closer to the level of $ 10.00, which falls already in the demand zone. This zone extends between levels $ 6.50 - $ 10.00 and previously behaved like market support. From the point of view of the Elliott wave theory, the current declines may be coming to an end, because the downward (W) (X) (Y) (X) (Z) folded over time and in the large wave cycle (A) may be at the end . Until the end of this cycle, the wave of a smaller cycle, ie the wave C from the wave (Z) would have been missing. Potential increases, however, do not seem to be impulsive, because the upward wave will be the wave (B) of the downward cycle. Setting the target level at $ 21.75 is quite optimistic in itself. Please note that after the end of the wave (B), unfortunately, but it will be time for more drops in the wave (C).
LLong
by sebastian.seliga.7
5
Lisk VS Bitcoin - Where To?Lisk reached an all-time high against the Bitcoin on the 10th of February, hitting BTC 0.0034. The strong rise followed by a sharp decline and Lisk already lot over 60% to Bitcion. At this point, LSK/BTC is facing 61.8% Fibonacci support at BTC 0.00135, which today has been rejected cleanly. Whether the support will hold or not should shed some light on the further price development. Break below could send Lisk even lower, towards 88.6% Fibs at BTC 0.00073. But if the support will be respected by the market, range trading could take place, eventually resulting in a continuation of a long-term uptrend.
by CryptoPAMM
Lisk will be in the future?Coin of the day is Lisk. Lisk appeared in early 2016 year as a fork of Crypti (Crypti team broke up later). Lisk is considered as one of the alternative technologies to Ethereum. Roughly speaking it is a platform for the development of blockchain applications. They have own philosophy on blockchain applications, so it's not just clone of the Ethereum technology, Lisk could be a kind of alternative in the future. Obviously, not by capitalization, not by popularity, they can not be compared. Nonetheless, Lisk has all chances to get its fair share in future of crypto-tech companies. From the technical view The coin was trading in a downtrend during the BTC recession. Recently LSKBTC pair reached the 61.8% Fibonacci retracement of the global uptrend and started to draw a rebound pattern, accompanied by a jump in volumes. The coin climbed above the psychological support level 0.0015 and now is drawing an uptrend pattern. If the price will manage to hold above the 0.0015 and afterward reach 100-days EMA that would be a sign of the beginning of the bullish cycle.
Long
by DestinationMoonCrypto
1
LSK - long-term over 250% yield potential?Hi guys! We might be in a first ABC correction right now, and the C vawe is forming. If so, we might expect to fall down a little more, maybe to Fibonacci 0,236lvl, which is at ~10USD. And this might be our buy zone. The Lisk team leaders are planning some minor meetings in march, but i don't expect this would affect the price significantly. First meaningful event is scheduled on 14th April (Lisk Core 1.0b) and i think we can expect the price surges then. If so, the first target based on Fibonaci levels might be at 67-70 USD. Buying now, at 18-19USD is 250% yield potential. And please remember - this information is not a recommendation to start a long position. It's for educational purposes only. Share with me your thoughts please :) Thanks!
LLong
by JimmyHodl
5
LSKBTC Touchdown! We hit the golden ratio.Link recently had a massive pump by the hype surrounding the rebranding. But like most of the times, there was a massive dump when reality caught up with the hype. Lisk has had a violent dump, but perfectly retraced to the golden zone (between the 0.618 fib and 0.65) and immediately broke the downtrend it had since mid February. The breakout is potentially starting a 5 wave elliot structure with the wave 1 already formed by the breakout, which led to profit taking (wave 2) and now holding perfectly at the 0.50 algo target (16000 SAT) even during the dramatic BTC crash going on. It's key to keep an eye on the support zone & trend line to hold and see where it develops from here, but a break out is looking likely. Every trade can fail, but as trader we play the odds and this is looking like a fantastic position. If you want to reward me for the time I spend to research and TA and keep this going: Donate BTC: 1EQuazVs5MHpcBrceUvKWwtmFBVpNn6hxw Donate ETH: 0x9746e2692bad3dc2da5c8d759e2d8c56af74e3d9 Donate LTC: LVZef6iRGe7unhECDFmGDM8VzDMzUaGZqY Thank you and good luck! Gojira Nakamoto ps. This is not financial advise. Use the above information as an indicator, or a way to learn.
Long
by Gojira-san
4