LSK preparing for the run - short/medium range analysisI would recommend selling 50% at target 1, 25% at target 2 and 25% at target 3. You can rebuy after selling at each target to have a better position. Buying positions will be updated when targets are reached.
Good luck trading :)
***This information is not a financial advice. I still learning and practicing.***
LSKBTC trade ideas
Buying LISK for the 1st Time (BULL DIV) Lisk is currently another one of the coins with a bull div. Although the amplitude on the oscillator isn't that strong, which isn't a sign of strengh. But nontheless I take the gamble here, and gone long.
Beacuse if the price drops further it will increase the amplitude and oscillator. Another factor why I'm bullish on LISK now is, the possible upcoming Kumo Twist, on the 1h you can see the cloud turning green.
But I'm just guessing here, better do your own analysis.
Lisk 1D Long term analysis based on roadmap and historic events.This is long term analysis on 1D chart LSK/BTC relation. I'm aware of historic LiskHQ delays, those have been taken in count. Chart may not work in exact timeframes, but it's about general insight and possible outcome. Description on chart directly.
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!
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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.
LSK Buy opportunity - possible reversalNice Fib retracement after last bull run. Looking for entry points between 0.00117 and 0.00115. If it goes below, we will not make a higher high which isn't good.
RSI looking good, and BB also close to the lower band.
Waiting for reversal confirmation for a possible 10%-20% gain!