Lsk
Looks like possible strong wave 3 formingLSK at the 1 hour breaking through heavy resistance, possible wave 3 in action, watching for confirmations.
LSK rebranding next week on the 20th, not seeing a huge sell-off like the November event happening. At this point much more serious investors, developers and project leads are heavily invested into LSK. In November it was more speculative investors trading.
The Trend: EP6 -- HoDL'N & Diversify'NHowdy Yall!
Today's episode is special in that its the first time we talk about any other asset other than BTC! We go over LSK and XLM in the short term, and we talk about the medium term for BTC. We do take a few moments to talk about short term trades with BTC; and how we should plan our attack for that. I'm not convinced today looks like a promising day for that type of trade.
Anyway, let me know what you think, and feel free to "Make it mine" on the charts!
Lisk (LSK) - Upcoming Rebrand [Feb2018]INTERPRETATION
BINANCE:LSKBTC will have their anticipated rebrand on February 20, 2018. Delayed since November 2017, early investors will be awaiting good news to finally push the project to exponential gains.
BUY SIGNALS
-possible end of Corrective wave will be the perfect time to kick off the rebrand
CAUTIONS & CONFIRMATIONS
-end of corrective wave
-T&K analysis (TBD)
POSITION
entry @ ~27000-28000 (end of corrective wave)
Lisk , A buy trading opportunity in LSKUSD is near.Technical analysis:
.LISK/DOLLAR is in a Range Bound and Beginning of up trend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
.The RSI is at 60.
Trading suggestion:
There is possibility of temporary retracement to suggested support zone (18 to 11), if so, traders can set orders based on Price Action and expect to reach short-term targets.
.Beginning of entry zone (18)
.Ending of entry zone (11)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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 special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 25
TP2= @ 31
TP3= @ 41
TP4= @ Free
Lisk , A buy trading opportunity in LSKBTC. Be ready !Technical analysis:
.LISK/BITCOIN is in an up trend and resumption of up trend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
.The RSI is at 70.
Trading suggestion:
There is possibility of temporary retracement to suggested support zone (0.00225 to 0.00173), if so, traders can set orders based on Price Action and expect to reach short-term targets.
.Beginning of entry zone (0.00225)
.Ending of entry zone (0.00173)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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 special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.00286
TP2= @ 0.00336
TP3= @ Free
LSK -- A Buy while ConsolidatingHi readers,
I wanted to take a look at LSK before the 20th -- when its set to blow up (The 1.0/Rebranding/RE-Release). This will create a lot of hoop-la. I'm rather certain we will see some liftoff before hand, and I imagine the day of we'll see some crazy volatility -- making having the asset in hand great if you're ready to trade quickly.
Right now we can see the LSK market consolidating. Certainly some of this is the fault of action in BTC. Being as my analysis in The Trend has us Bullish on BTC, the correlation of the two coins has been positive, with LSK usually outpacing it on its moves. That sure sounds like the makings of an explosive move for LSK in the coming week.
I recommend you find a good buy-in and execute on it. Naturally I have highlighted the 23% fib as a good buy. I don't know that you'll get a good chance below that. I recommend taking this chart and "Making it mine" to see if you agree. I'm confident you will, with very little research on this one.
LSK/USD Opportunity to Tradehere we have LSK/USD on the 4 hour chart
This trade could play out in 2 ways:
- I am expecting LSK to begin an up move. Before this it's highly likely that price action will retest the horizontal support zone at $25.
-Price successfully breaks down in one down impulse, tests the horizontal support level at $21, and bounces to the upside target at $29. This is our preferred scenario as price has less work to do to hit the upside target if it bounces at the earliest opportunity.
Bare in mind if this does happen it is extremely likely that price will once again be going back into higher levels, and would show a significant change of investors sentiment in Cryptocurrency as a whole, and prices returning to their higher levels would be likely.
A relaunch of the LSK crypto is supposed to happen on Feb. 20. On that day, the company plans to unveil a completely updated and improved Lisk platform with a new brand identity and website. The inclusion of the coin to BitFlyer exchange which is one of the largest markets will definitely help increase the value of the coin in 2018. It currently stands at number 13 in terms of market cap.
Dont forget to follow if you want to be noticed
LISK onwards and upwards!Anyone else see that HUGE Lisk pump a few days ago? I was reading a few reddit threads and everyone was so quick to label it a pump and dump. I may be wrong, but i personally don't think that was a real PnD.
Looks like this was some big money scooping up LISK before we see parabolic growth over the next few weeks and months.
As you can see from the volume, there was a good couple of hours of sustained volume that happened that sent the price skyrocketing as big orders soaked up thin sell depth on Bittrex.
Those huge acquisitions also didn't sell off in the subsequent hours following the pump either, so if anything this looks like a pump and hold. Which I think is a good sign for LISK.
Given that there's the rebranding coming up in less than 3 weeks, they've just achieved 95% development on Core 1.0 and the SDK is all but ready to be released in the near future, this looks like whales accumulating to me and now that the price has almost come back to find support on the levels right before the pump, it's looking like a great time to add to the LISK bags.
Buy up now around the 235K mark and thank me in a few months!
LISK rebranding = 100% gains from entry, but correction first!G'day fellas, today I bring you LISK. I only wish that I found this gem sooner and could have capitalised on some of the sweet sweet gains, this coin has already had. No fear though. I still believe the coin has a little bit of steam to go, but before that it needs to correct before it needs to settle down.
LISK is a cryptocurrency forked from Cypti. Much like ARK, this is another platform currency but with a twist. Instead of running dAPPS on the main blockchain, each one has its own blockchain! A lot of people say that this is the better ARK and whatnot as both seem to serve a very similar purpose.
Buy zones: 0.00212978 - 0.00238579
Sell zone: Only 1 in sight. 0.0047500+
Fundamentals:
The coin is rebranding on the 20th of February. Rebranding alongside hard forks and airdrops often result in mass changes. New roadmaps are released, partnerships are announced etc, previous rebrands have let to sky high prices in coins such as VOX and whatnot. LISK is no different. They also plan to upgrade their mainnet protocols - although they are further down into April and beyond.
Technicals:
LISK looks to be completing the 3rd impulse wave up in a 5 wave elliot wave. As per elliot wave rules, it states that the 3rd wave is often the longest but never the shortest, and i can see the formation of 5 subwaves within the 3rd impulse wave up. The final sub wave is completing as we type right now,so I believe it is a good time to wait for a correction before reentering.
The first impulse wave corrected a small amount to its 0.382 fib level and was rather flat, and as a result I expect this one, the 4th impulse wave to be more zigzaggy and correct down to the 0.618 fib levels. Though you can consider laddering your buys from the 0.5 fib levels all the way down to 0.618.
Sell points are retrieved through Fib extension through the super cycle elliot wave targeting 0.00475 or more, although you can gradually take profit slowly on the way up. 0.000475 puts it just under the 2.618 levels. Reason why I selected this value is I expect the current 3rd wave to reach just under the 1.618 fib extension which is around 367k. Mind you this is is a rather prudent sell zone, as I am more of a conservative trader more happy to lock in my profits.
I am still learning TA, so please please please roast me and give me some tips.
Go ahead and grill me :) Any feedback is appreciated
LISK - Major Uptrend!Lisk has shown powerful stength in the last cryto bear market. I see 2018 as the golden year for Lisk where it will get mass adoption and awesome partnerships.
In the past week alone:
- Lisk got listed on the biggest Japanese exchange, BitFlyer. (More Incoming Japanese Volume)
- Lisk got listed on one of the biggest Chinese exchanges, Huobi. (More Incoming Chinese Volume)
- Lisk moved to a new #WeWork to accomodate more developers. (More space for Developers)
Now here is the big news:
- Relaunch Event on the 20th of February.
- Core v1.0 to be released somewhere within the next 3 weeks. I predict that it will either be released right before the relaunch event, or during the event itself.
- SDK to be released somewhere around the 1st of April. (Might be delayed or released earlier, nobody knows yet!)
- Lisk so far have not engaged in marketing, but they will consider strong marketing after the relaunch event. Dash is one of those projects that excelled in leveraging marketing during the past year, and look how they grew from $16 last year to their ATH of $1600 (Of course Dash is also doing a great job in the project itself)
- Current team currently consists of around 34 developers and they are planning to expand to over 120 developers in the coming months.
- LISK is the #3 project in number of GitHub commits. Lisk team even work on weekends which shows how serious they are with the success of their project.
- LISK is mainly focusing on the mobile industry and development in JavaScript. No need for developers to learn a new language in order to start making great dapps.
If you would like to accumulate more Lisk, I have outlined the perfect accumulation zone within the yellow triangle. You can start taking positions between 235,000 and 200,000 satoshis.
Profit targets by the end of February:
TP1: 329,000 Satoshis (50% Profit)
TP2: 362,000 Satoshis (71% Profit)
TP3: 415,000 Satoshis (87% Profit)
TP4: 452,000 Satoshis (100% Profit)
I see TP2 and TP3 as conservative targets this month.
Will I be selling all my LISK? Definitely NOT! But I will consider selling 30%-40% of my position as we go thru TP1-TP4 and wait for a dip to buy back and accumulate more Lisk.
What if the price does go up but never dips? Then I will be happy with the 70%-60% Lisk that I will be holding and invest my profits elsewhere.
Taking profits is always good and helps you capitalize on minor market dips! :)
Good luck and remember to only invest what you can afford to lose! I am not a financial adviser nor a professional trader.. I just have a good eye on perfect entries, exits and holds.
If I helped you make the right decision, a donation is always welcome:
LISK: 16913548886128029224L
BTC: 1DEGt28xuBLbfrB3PkXyWKEHTf8cVmXHzE
ETH: 0x39b6D4f41C5725b40f184601789d252b27043694
LSK/USD trading opportunities LSK/USD has been trading the downside considerably after a peak ignited a considerable correction of the 16th January. The correction on LSK/USD ended the next day at the support zone at 15.75$ on the 17th January.
Price has broken out of the downtrend. Price has been having higher highs since the retest on the support on 17th January. The side-wards resistance seen above has been keeping price contained since 14th January, and I expect price to continue doing so with this new move also.
This trade could play out in 2 ways:
-Price successfully confirms a rounded bottom at current levels and goes to the upside impulsively, hitting the upper side-wards resistance line at 29.11$.
-Price breaks down impulsively, until horizontal support at 21.22$, before bouncing to the upside target of 29.
Also bare in mind if price hits the resistance line target and then retests, this will make it less likely that the extension target zone at 21.22$ less likely.
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