$LSK - Expect a retrace(.0027) before a bull run(.004)A range bound movement with beautiful ascending triangle formation.
Elliot wave suggests it would retrace towards .0027 range before taking a massive leap towards .004 or above before Feb 20 (The rebranding date).
Feb 20 is going to play an important role for $LSK, investors are getting attracted towards this coin and I expect 2018 would be a great year for $LSK.
Core v1.0 release is also in pipeline.
Note: Always do your own researches before investing.
LSKBTC trade ideas
LISK retracmentBasic TA on current lisk retracement, very hard to get anything solid on this with so much fundamental and fomo at play.
How ever its still heading north on current channel, just hit resistance on the channel again and is currently pulling back.
A quick look at lisk history and this bull run has respected the .382 fib line after every push, there for i see a retracment back to .0029, followed by another push up to .004.
Im not going to do a trade call as i think this is a fundamental risk, how ever a pick up at .0029 and sell order around .004 is a good 40% ;)
LSK/BTC Volume Analysis Prediction 2/7/2018The coin is stronger than other coins on the market.
We have break out of the trend line and strong resistance level 2400.
Strong buy priority.
Trade recommendation:
Entry point: 2350 (buy limit), 2501 (buy stop).
Stop: 1980
Target1: 2800
Target2: 3000
Target3: 3600
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
LSK - LSKBTC - LISK -- HVFLsk coin look pretty good and already broke resistance !
short stop loss and 2 close target should get them pretty soon !
target 1 - 0.00293829
target 2 - 0.00308088
stop loss - 0.00272085
good luck
Lsk/BtcSince Lsk is currently coin no1 in Bitindia.. I wanted to do this and share it with you.. It might happens and it might not.. so be careful while you are investing in something
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
CoinLoop AI Signal: Lisk (LSK) - BUYLisk ( LSK ) · Loop A.I.
Indicator: Buy volume increasing. Price broke through resistance. Positive market sentiment.
Signal: Likelihood of price increase: 75%
LSK -- Protecting Gains Set a stop limit for 15% of holdings at the 23% Fib retracement...
Sell (Stop-limit) 0.00249335 129.60000000 0.32313816 0.00250652 2018-02-03 18:40:51
Still have a fantasy order set...just in case...
Buy 0.00189500 65.16625330 0.12349005 -- 2018-01-30 23:57:42
LISK - MAJOR SURGE IN PRICE, Can it sustain?Well, to begin with, it has been announced that Lisk has been added to a large exchange which has sent the cryptocurrency price right up in value, this happened earlier in the day and ever since the enormous increased the price how pulled down quite sharply. This is a good thing and should not be taken in a bad way, I suspect that this dip will help the currency gain more traction and momentum for a future breakout especially now that more people can access and are aware of the coin.
This chart shows that a previous resistance has now become support ever since the breakout and looking on it on the long-term view we can see that there is an ascending triangle pattern being formed which acts a great bullish sign that you want to watch out for. You can expect the price to fluctuate between the support and resistance or ascending triangle until a further confirmation for a breakout.
MACD - Since the price has spiked so quickly in value t have left the RSI in highly bought posistions evne after the drop tyhat we have already had. It indicated that there could be a further drop which would problem begin to move sideways when it hits mid-way or over sold conditions.
RSI - When we take a look at the past we can see that the same trends look to be happening (realistic you should not use past events from your trades as this is often because of news and almost acts as an outlier), however, it is good to give you an insight on where the trend could be heading next. If the MACD lines cross over in the downward direction will continue to drop to the mid-line where we will find some consolidation.
Orange - Resistance.
Pink - Support.
As always trade the lines accordingly.
LSK/BTC 50% FAST MOVERetracement FIB on the hour chart, this is a good rebound. It should happen in the next 6-12hours.
Follow me on telegram if you want to be updated on this trade.
Let me know what you guys think in the comment!