LISK SHORT NOW, Long from February.Lisk recently disappointed again investors and developers with another delays. We can currently see price drop after Lisk meeting which has shown us lack of professionalism, presentation rather looking like school project than multi-mulion dollar non profit company product. I expect price to drop and retest recent lows, then near February we shall see pre-event hype. With purple circle i've marked crucial point after rebranding, if rebranding and product they show will not be good then price won't go up.
Lskusd
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!
Lisk #LSKUSD - spring is here, any rally as well?So far, the declines on LSKUSD prevail and the downward correction has evolved from ABC to WXYXZ, so most likely we will see the end of this downturn soon. Unfortunately, there is no visible pressure from the bulls to push the price above local resistance at the level of $ 15.87. It remains to wait and observe the level of $ 13.40 as the main technical support for this cryptocurrency.
LSK is in the bottom I see lisk in less than 2 months ~ 100$ watch lisk NOW, it has very good potential
Great project, great news to come, low prices, at the bottom and have a great team.
I don't think lsk will get below 14$ . It might get lower so I advise you to start buying at these levels.
check the chart it says alot.
let the game begun ;)
Good luck
LISK #LSKUSD - more downside ahead?The price of LSKUSD really likes 78% Fibo, because it tests it for the second time. Involvement of the demand side is small, so the potential upward movement in the form of a five impulse waves emains in the dream zone. Ewentually, growth scenario may start to be seriously taken into account only when the price breaks the level of $ 22.00 in an impulsive way.
LISK #LSKUSD - possible rally ahead?The price of LSKUSD is about to complete the three waves corrective cycle around the level of $18 and then an impulsive rebound is expected. The impulsive scenario is valid as long as the supply zone between the levels of $12-$16 is not clearly violated.
The projected level for up waves are:
- wave 3 - the level of $34
- wave 5 - the level of $40.
Please notice, that the market is trying hard to break out below the projected Fibo cluster at the level of $18.31, but so far no avail. This is very important clue regarding the further wave progression.
On the higher time frames, the uptrend prevails, but it is not developing in an impulsive fashion.
LISK #LSKUSD after rebranding, now what?The highly anticipated LISK rebranding event has passed away and the question remains: to hodl, to sell, or do nothing?
According to the Elliott Wave Principle, the current situation is still in favor of another wave higher, but first, the correction must complete. The first level for the corrective leg dow might have been reached at the level of $23,55 which is a 1:1 correction of waves (a) and (c). Nevertheless, the drop might extend towards the level of $23.03 and then $21.07. In the extreme situation, the last target projection is a zone between the levels of $18.31 - $17.08. This is where the first upwards wave might start to unfold.
Please notice the corrective cycle might get more complex and time-consuming than a simple (a)(b)(c) correction.
BTC could give us a new entry on Lisk. Maybe? Please?If you too missed your entry on Lisk, ok so first now is not the time to buy, and secondly, keep your finger crossed, maybe BTC falls down in the next 10 days and we get to buy Lisk. Anything is possible.
I believe the scenario 2 is the most realistic. The price is so inflated thought by all the speculators that heard somewhere "buy the rumor sell the news" and think they know some secret, we could fall down to the trendline and then slowly go up from there.
Disclaimer: Missed my entry at 7$ but still bought a very small amount at inflated price. Not using a stop loss because I am prepared to lose ALL my investment. If we get in the buy zone I will buy some, but still not a vast amount. I have a Lisk wallet installed on my PC :D
Short current Lisk hype to 160-250k satoshi range, then long.Lisk currently seems to by in huge hype before conference, there is also a lot of fuel poured into this fire by Lisk being listed in major exchanges like BitFlyer, however, what conference will bring is unknown. I can guess that even it goes well, there might be major selloff. We'll see if history repeats.
Cons:
-Let's also not forget, that this conference date is result of more than few unkept promises about release dates. core 1.0 was meant to be already on mainnet 6 months ago initially, last eta was December 2017. It's still not even on test net.
-code for sdk tools, still appears to be far away.
-LiskHQ is doing very corporate development, but that might turn out to be advantage(like Ubuntu(higher adoption by other corporate entities) vs Debian), but for sure it has lots of cons.
Pros:
-Team is growing
-Seems that 1.0 might turn out to be very decent release (by looking at their changes in code)
-Seems that team has learned on their mistakes from past
-Lisk 1.0 core will feature additional field in transactions, enabling dapp development.
Unknown:
-Result of rebranding
-Possible partnerships (?)
-State of sdk development (unpublished code ?)
However, reality is that, right now Lisk is very simple payment network and nothing beyond that, that's why it may go back to 160-250k satoshi range, during and after conference, until developers will be able to create on Lisk.
LSKUSD: Intraday Impulsive Rise On LISKHello traders, we are here for you even on Saturday! Having a cup of coffee we are going through some Cryptos to see what's going on and we saw something interesting. Well, as you can see BTC went sharply higher while some ALTcoins stayed sideways and many traders started to speculate, that correction can be completed at this stage, but we are talking all the time that wave structures and patterns are the most important to recognize direction! And as you can see, wave structures are very sharp and impulsive, so we cannot say yet that Cryptos will go down here, especially when we take a look on BITTREX:LSKBTC , which has clearly bullish pattern for much higher levels towards 58 level, especially because it's bullish confirmed with broken channel resistance line. Actually, LISK is not a leading cryptocurrency, but based on structures and targets on other cryptocurrencies, we think that Cryptos is not going to stop just like that and we don't expect any significant decline, so we think that rally will continue and any short decline will be just a temporary pullback within uptrend!
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!)
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LSK in better condition than most other coinsThe price of LSK stays within a positive trend channel, going back to march 2017! Due to its volatility the channel is quite large, but stable. Even the correction (dec 2017 - feb 2018) didn´t cause a break of this trend.
You can see the comparison to BTC (red line), which shows more weakness than LSK.
If you´d had invested in LSK on its ATH you would have had a maximum loss of -70% but now it would only be -37% (BTC: -83% max, -79% actual from ATH).
LSK is a good coin for a core portfolio and I think has shown strength during the crisis.
buy: above 27,70$ (> fib retracement at 61.8%) - aiming to fib retracement 78.6% (33.70$)
stop: below 22.40$ (swing trend line)
Indicators:
RSI: above 50 but falling = neutral
MACD: positive spread and above zero = positive
EMA20: Price is above - not far away = positive
Volume: very low = not indicating any new trend
Conclusion:
LSK isn´t showing a significant trend (neither positive nor negative) but is in good condition.
On feb 20 it will have a relaunch of the alpha-version of the Lisk-SDK for blockchain application.
LSK is not based on the Bitcoin-Blockchain, or the Ethereum-Blockchain. The script is Java.
I see good chances for this token in the future.
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.
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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
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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