Lisk VS Bitcoin Waiting For Range BreakoutFollowing the previous idea on Lisk VS Bitcoin , it has reached the upside target at btc 0.0022 and broke above it, signaling on a potential uptrend continuation. However, price failed to close above the resistance although managed to produce multiple spikes above it.
At the same time, the support at btc 0.0013 has been rejected, together with the upper trendline of the descending channel and 200 Moving Average. All-in-all it can be said that LSK/BTC remains in the consolidation mode with the high probability of breaking above the resistance and continuing the uptrend. As soon as it goes above btc 0.0022, further growth should be expected where the next target is seen at btc 0.0055, confirmed by two Fibonacci retracement levels.
LSKBTC trade ideas
Lisk. Low volume breakout. Nice time to close your long inLisk. Low volume breakout. Nice time to close your long in 1 2 days
LISK (LSK) - A Favorable OutcomeINTERPRETATION
BITTREX:LSKBTC is an undervalued project that shows potential for promising returns. The upcoming rebrand will likely result in an increase in value. LSK has been trading sideways since its last bull run. Suspected price to increase to ~$50-100 by the end of year. The opportunity to enter a position at the current premium price is set to expire by the end of February at the latest.
BUY SIGNALS
-T&K bull cross
-Price above T&K
-4-Hour Interval (not shown): buying pressure from green cloud
CAUTIONS/CONFIRMATIONS
-Sideways trading w/continued price volatility may continue until outside reports shift investor sentiment.
POSITION
Entry @ 20000
LSK longCurrently consolidating in ABCDE pattern within an ascending triangle. I like to buy at the bottom trendline and hold for the breakout, closing the position on a close below the trendline. Lisk will be rebranding on 30th Feb (around 3 weeks away), they have a big party and presentation planned and other coins that have rebranded have seen their price rocket e.g. Antshares > NEO, as there is usually some good technical news surrounding the rebranding. This is one of my top swing-trade ideas for Feb.
LISK repetitionLISK looks like it might be repeating its trend of consolidating with a quick dip before starting a sudden breakout uptrend. If it does repeat it will be need to break through the resistance line that it has tested several times since the ATH. Be sure to set a stop loss on this one as it could easily go on a bearish downtrend.
LSKBTC LiskImpulsive structure is developing. Another round of rally is ahead.
Scenario is valid unless (ii) is exceeded.
LSK/BTC - Bullish - Parallet Channel break.The SDK is a framework written in JavaScript to deploy your own blockchain network next to the main Lisk network. Decentralised applications can be built on top of your own blockchain.Possibilities are endless, like developing platform independent social networks, messengers, games and so on. All on your own blockchain network including corresponding token, fully decentralised, and all this without the hassle of complicated consensus algorithms or peer-to-peer networking protocols.
LSK has spent most of the last year in a long-term channel. We have closed daily candles above the long term resistance and price has retested the area and reacted.
We can measure where price maybe heading by taking the width of the channel and usually price will reach double the width.
LISK (LSK)INTERPRETATION
Strong foundation & promising project makes BINANCE:LSKBTC a strong long-term hold. Short-term buy signals present.
POSITIONS
bought @ 20000
TARGETS
- Long: $100 LSK/USD (prediction based on non-technical evaluation)
BUY SIGNALS
- T&K bull cross
- Price-T&K cross
- Price-Cloud entry & breakout
CAUTIONS/CONFIRMATIONS
- 0.236 fib resistance breakthrough w/other buy signal retained to result in continual bull run
- current selling pressure to drive price back down; test will be to resist Price-Cloud bear entry
LSK long term next opportunity (stop) to ride the trainI am not an adviser but a student of chart and analysis.
$LSK.X H4 Technical AnalysisSELL Zone under 16889 (Target 8000), BUY Zone above 22700 (Target 30000). MACD bearish Divergence #lskbtc
LSK rebound of 50% retrace and supportExactly the title. When we hit the 50% expect a bounce (if the market doesn't crash again). There is also a support build at the 50% area aswell which will also help. Place those limit orders!
Lisk a continuation of the previous interpretationIf you check the lisk chart that I posted a couple of days ago , it seems to have reached all the targets .
Tomorrow 10th January will be the Relaunch Event of Lisk , if everything goes according to expectations we will have a new profitable target on Fib : 1.618
For a long term the Lisk project seems to be very interesting and we will see a Fibonacci 2.618 that you can find in the chart .
LSKReally everything on this chart signals Bull. The bullish flag was broken after a 0.382 fib test and then following the flag break to the top we got an ATH break. There is nothing in LSK way at the moment and we should see a good run in the following few days. LSK first target is around 295K sats.
*LONG* LSK Bull Pennant Breakout Incoming!Chart speaks for itself. Price action has become very tight recently as we are completing the formation.
Pending buy orders should be placed at a break of the pennant.
First target approximately 25000.
LSK Dropping back down to support or up through resistance?MACD showing bearish signs, volume is pretty low however. Interesting to watch this one in the next few days to see which way it moves.
Lisk on the way to his rise We have 2 posibility
1. from the Fib 0.382 to see a jump and retest of the all time high .
2. a retest of the Fib 0.5 support after that he will continue his way to the moon .
Is hard to believe that will return on his support because the Lisk team have a powerfull project , on February they will have the rebrend and a lot of new updates .
In my opinion the fibonacci extensions 1.272 will be far exceeded in the coming month and probably we will see lisk more then : Fib extension 1.618 in Satoshi that means around 300.000
