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LSKBTC trade ideas

Lisk hardfork in action – LSKBTC dragonfly doji & hammer cushionThe Lisk blockchain will soft fork this Friday primarily to improve network transaction processing efficiency and make the LSK token easier for exchanges to manage. As per the Lisk’s blog, they announced Lisk released Core 2.0.0 to the Mainnet which is the first Lisk Core release built using the Lisk SDK. This is the first Lisk Core release built using the Lisk SDK. For this purpose, together with Lisk Core we also published the Lisk SDK to the NPM registry with the same version number — 2.0.0. While the soft fork is reported to be triggered on August 23, 2019, an upgrade before this date is mandatory. The release has several breaking changes. It also completes a number of objectives on the Architecture and Design phase of our roadmap. We are changing our software license from GNU GPL v3.0 to a more permissive Apache 2.0. We have published Lisk SDK 2.0.0 to the NPM registry — custom transaction support comes with 2.1.0 scheduled for a release tomorrow, as per the announcement. The price of LSK to BTC has halted its bearish rout and gained somewhat on the back of this underlying news in the recent past. The initial announcement of the fork on July 23rd created some short term buying activity and the actual fork may have a similar effect, although the price of LSK has tumbled about 13% in the recent weeks as you can observe weekly plotting above. Technically, on daily plotting of LSKBTC hammer & dragonfly doji pattern candlesticks have occurred at 0.0001105 and 0.0001148 take-off rallies above DMAs, whereas shooting star counters, while both leading and lagging oscillators substantiate short-term bullish momentum. The major trend constantly slid below EMAs on shooting star & 3-black crow formations, both leading oscillators substantiate bearish strength. Hence, there are no traces of considerable recoveries, in the long run, it is wise enough to wait for the better clarity of the major trend. Courtesy: BNC, Lisk sources & TradingView
by FxWirePro
Lisk Is Very Likely To Move Up Strong! (Over 190% PProfits)Lisk (LSKBTC) is preparing for a massive move... At least that's the feeling we are getting from the charts. Now trading within an ascending channel, LSKBTC is starting to pick up speed after hitting a new low. The ascending channel you see is too narrow, so it is very likely to break, yet, the projection is up, up, up, and more UP! The first strong resistance is sitting around 0.0002500, followed by Aprils 2019 peak price at 0.0004700 for 190% profits. As for the ATH, over 2350% PProfits (Profits Potential) if LSKBTC reaches its All-Time-High. Chart: The RSI is really bullish, moving almost straight up... Expect additional bullish action from this, and other pairs, in the days and weeks to come. Patience is key! Always have a plan before buying any coin. Namaste.
Long
by AlanSantana
8
LISK – the correction is finished. 260% profit possible.Here is an interesting trading idea. We expect to gain 260% depending on the market condition. Above mentioned level (0.0004654) is not ATH but the level from March 2019. This looks feasible. Here are the technical analysis details: • The current price is one of the lowest in history (lowest was in April 2017) • We observed a positive divergence on RSI (RSI is going slowly up when the price was moving down) • Weis Waves – this is a classic scenario. Demand is evaporating and a decent demand has shown up. • Don’t forget to set your stop-loss. Our suggestion: 10/15% below the level you buy. Targets to achieve: 1. 0.0001540 2. 0.0001737 3. 0.0002240 4. 0.0002744 5. 0.0003586 6. 0.0004654 Good luck and enjoy! Thank you for reading and your time. Hit a like to support. MASSIVE Hugs! WBM Team.
Long
by WBM_Team