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 ? :)
Lsk
Lisk to double in price next week?If the pattern keeps holding we might see a doubling in price the next 5 to 7 days! Lisk has great potential with a good product, project and dev team behind it. They are prepairing to rebrand/marketing and release there SDK for there platform development. Exciting times ahead!
LSK to have big breakout in < 4 days (ETA: 28-6 00:00)Lisk is doing good, real good. LSK/BTC is now up 150% since previous month (24-5).
24th was the day after the first major upwards breakout (100%) for Lisk.
As illustrated on the TA we see that after the first bullish breakout we see a pennant forming.
After wich surely another breakout followed (initially 100%, to be boosted almost up to 200%)
Is what we are seeing now, another pennant, an indicator of what is to follow?
Possibilities:
Bullish breakout 1 (blue): Repeat of previous breakout in volume with small bear trap (rip weakhands) INIT: 182K sat TARGET: 210k sat
Bullish breakout 2 (green): Breakout with same volume as previous breakout. TARGET: 210k sat
Bullish breakout 3 (purple): 100% Breakout (out of the 3, most unlikely but LSK seems to like 100% breakouts) TARGET: 243k sat
Bearish breakout (red): Let's not?
So keep track of the volume of LSK trades in the next couple of days, when it starts to increase, it is time to board the train.
Added symbols, people like symbols
Cup and handle on this timeframe?New to TA, LSK is going up up up which makes me smile.
It is a wonderful project!
Now for my own education, i noticed some sort of cup and handle in the 5-30 minutes timeframes...
Can we speak of this pattern in this shorter timeframe?
Please comment below to let me know if i should or shouldnt search for patterns in this timeframe.
Could be useful for other new traders too.
LSK: Next Step Hello everyone,
I’ve received messages lately about what to do after taking profits so I decided to share my idea for the next step.
Fundomentals:
Because Lisk haven’t change it’s intrinsic value from the last post, I will just direct you to my previous post if you want to review my fondamental analysis: However, we can see that Lisk start to get it’s well deserved attention and investors starts wondering if they have made the good choice with Stratis.
Technicals:
I will start this time by discussing the entry. As you know, I’m a big fun of fibbonaci because of it’s excellent scores in investing. The best entry strategy (for me) is to start buying as much as you can (50% of your cap dedicated to lisk) at the price of ~0.00082104. Then you need to program a set of buys distributed in the range 0.00082103 – 0.00071909. Once you programmed this set, you just have to set Alerts in 0.00082104 and at 0.00071909.
Once you receive your alerts, you can then program your sells starting from 0.001483399 (10% capital). Then you need to distribute the sells so you will have sold 60% of you cap at 0.00160487 and all the remaining at 0.00177852.
Don’t panic.. Be wise, chill and see your profits growing. Good luck for all
LISK (LSK Polo) Buy recommendation LISK is a unique alternative Cryptocurrency which allows users and up to 101 'delgates' (a delegate is able to generate new coins) to utilize the platform to develop their own sidechain applications ranging from prediction markets, social media blogs, encrypted communications or anything a user might imagine using blockchain tech.
From the Website ; Lisk is a decentralized network such as Bitcoin, Nxt, or BitShares. It doesn’t utilize Proof of Work like Bitcoin, or Proof of Stake like Nxt. Lisk uses a simplified implementation of BitShares’ original consensus algorithm called Delegated Proof of Stake. That means every LSK holder can vote for mainchain delegates which are securing the network. There are only a maximum of 101 active mainchain delegates which always got the most votes on the whole network, and only they can earn block generation rewards, that means there is a financial incentive to become an active delegate. Every other delegate is on standby awaiting to become elected, or alternatively, securing a Lisk sidechain.
LSK has a current market capitalization of $283,106,025 (99,053 BTC) which is lower than other coins with what in my opinion have less potential applications. In other words the market cap is not unrealistically higher than the rate of adoption. While these are still eye-popping numbers it is not unusual at this time in the crypto space.
The idea that anyone is able to create a sidechain based on the decentralized LSK platform is appealing and as word spreads I believe market cap will increase accordingly.
SOURCES: blog.lisk.io
forum.lisk.io
lisk.io
coinmarketcap.com
DISCLOSURE: My Opinions are my own. I have not received any sort of compensation or remuneration for this recommendation. Cryptocurrency investing/trading is by nature a high risk endeavor. Consult a professional financial advisor before risking funds in any investment. I currently hold no position in LSK, however may in the future hold long or short positions in this cryptocurrency.
lisk #lsk #btc #lisk #altsarebackJust an idea, take a look.
quite a few megaphones, was almost an "inv megaphone" but not quite, either way, 3 megaphones later we are breaking to the upside, that with alt season should give us a nice run, I have some, though I am expecting a slight pull back before more up, though not lower than 00025/00020.
Only about 1 day until this $LSK triangle breaks, hopefully UP!Since its reversal from the bottom of sub 10k, $LSK has been consolidating between 0.00021-0.00037 for the last week or so.
We have about a day or less before we break out of this triangle, hopefully to the upside. Buy the breakout, or the throwback, coz if we go up, this move will be big.
Arise LiskLisk is a coin that could potentially be one of the best buys of 2017 at these levels. Currently, Lisk has a 20million dollar market cap. Max (the CEO of the Lisk Foundation), just sold around 1000 bitcoin to fund lisk development. Lisk still holds around 10k bitcoin as well as millions of dollars worth of byteball.
So why is Lisk THE coin to buy right now? Simple. Value! Lisk, much like Ethereum, is a platform for decentralized applications. But unlike Ethereum, Lisk uses Javascript to facilitate its smart contracts. This makes the platform accessible to a wide variety of people.
So, fundamentally, you are looking at Ethereum's biggest competitor, with basically unlimited funding, at a 20 million dollar valuation (big value).
Technically, Lisk is showing a double bottom with bullish divergence on the weekly chart. One can also see incredible volume in the market (higher than it has been since launch). Volume never lies. The weekly has broken out of the downtrend channel and has retested the upper channel trendline on lower timeframes.
This is not a play you want to miss. Potential for HUGE upside.