LISK after Bitcoin GoldLooking at possible upward movement of Lisk after the Oct 25 Bitcoin Gold rally which happens to coincide right around where it should be meeting the resistance line. People cashing in after recieving their Bitcoin Gold may diversify into altcoins (as we saw a few days ago after a Bitcoin surge) which may give Lisk a good bump up. With rebranding and SDK releases due in the near future we could be seeing a much larger move upwards in early November.
LSKBTC trade ideas
LSKBTC 15m Parallel Channel Breakout Continuation Short TradeCan I still get in? When 15m chart has bullish pullback you can enter on breakouts of trendlines and support levels.
LSK BTC pattern emergingLast time RSI and MACD dropped this low, it signaled the beginning of the last leg of the correction before another big move. Appears that the EMA and MA are about to converge and possibly cross to signal a change in price direction. Could see a new high in a few weeks possibly after a little sideways action. I've increased my holdings in LSK consistently and I am hoping to take some profits on the next move, assuming that the pattern will repeat similarly. IMHO there is never a bad time to buy LSK, but now is a really good time! This one still has a lot of room to go up.
New low could be around .00085 as the correction pattern completes then hopefully a new high around .00195 or as high as .0024, but I think that will depend largely on the price of BTC. Would like to see it close over .00143 to confirm. Even a buy in at .00143 could see as much as 50%!
All of us hardcore LSK hodlers are dying to see how this plays out.
Got slightly lover numbers when I worked it out on coinigy - should give you a good range to work with.
www.coinigy.com
LSK Trade Idea#LSK is on floor now, also trying to pull out vloume into buying side. we have oppurtunity to gain over 70% by Tradng on #Lsk. Under 0.00105 would be good position. #Lsk has one of the most advanced & experienced programmers team and Continuously they improving #Lsk blockchain. This is why #LSk DevTeam have pretty decent flow of commits on #Github.
SMA struggleLisk crossed the SMA100. Maybe we will see a short bounceback. If it falls deeper, we will see a rocket :)
LSK , i have no idea what's happening hereLSK will have some news soon , updates and etc etc , looks like a downtrend , looks like it wants to break the downtrend , all market looks bad overall , many coins DIP so.. BTFD
Overall ... no idea what LISK wants to do , just keep an eye on it and be ready to make a move
LSK - BTC analysis?As a new cryptotrader, I have been studying Elliot wave theory fundamentals and patterns... I have been trying to figure out where we are on the impulse waves with LSK as I am trying to decide if I should adjust my position. While I believe that this is a solid long term hold I would like to be able to make some predictions on entry/exit strategies and where I should be looking to take profits or reduce my position.
One possibility is that we are in wave 4 retracement after the new high of wave 3. This would mean that we could expect sometime in the near future an extension of a new impulse wave 5 to the .00251-.00281 area. I would then predict retracement to the .00195 area. So if this is wave 4 retracement, it cannot cross below the top of wave 1 - which is why we are having this sideways price movement while volume declines.
Other possibility that I would consider is that we are in a distorted or truncated wave 5 due to not enough momentum left after a huge wave 3 or the FUD coming from China. I have found research showing that this is a real pattern and in some cases the 5 wave will fall just short of breaking the high of wave 3 or barely break it. In that scenario, I would be calling wave 1-2 the small impulse leading to the huge wave 3. To me that makes sense but I'm also not as experienced at identifying variations in the patterns.
OMG also moved in a less textbook way and it seems as though I bought on the way up on wave 5... took profits, but should have waited to play with that one until the next run. Lesson learned, which is why I am really really digging into analysis on LSK.. and I haven't seen any good analysis or information on LSK so far. So let's start the discussion!
Really would appreciate some feedback on this analysis so I can learn more about Elliot Wave theory and measuring fibonacci retracement and extension.
Lisk Turning Point?It looks like Lisk hit a turning point to reach a new up trend.
It need to pass the red line to confirm the new trend.
Otherwise it will go further down the fallen wedge.
LISK looking to make a moveLisk one hour interval, Wave trend says buy, Triangle forming, MCAD may cross soon
LSK/BTC looks ready to explode higherLooks like a clear Elliott impulse wave pattern. Now on the 4th wave, which is a huge triangle currently tightening up. Volume has been trending lower since the end of the 3rd wave. Could indicate reduced supply from accumulation into strong hands. LSK to the moon!
After the 5th wave completes, look for a correction similar to the last large move up.
LSKBTC 1HR- Buy at 0.00152 - 0.00153 range SHORT at 0.00162050
- if taking a LONG position take profit at 0.00173 range
- for consideration: upcoming rebranding for LISK very soon
LSKBTC 1 HR- Buy at .00152 - .00154 range and SHORT at .00162050 (4.8 %)
- if going LONG, take profit at .00173050 (12%)
- one thing to consider ALSO is the upcoming LISK rebranding this quarter .
$LISK Trade RecommendationThe price bounces from the support zone formed by SMA50 and 0.001200 support level. RSI and MACD confirm price reversal. DMI shows trend markets conditions and confirms that probably the correction is over. Great buy opportunity.
LSK/BTC: NO RISK, NO LISK!LSK/BTC order got filled overnight, staying a bit so i can see how this ascending triangle turns out
Oversold on the daily on Stoch RSI
Volume is mediocore a little declining, but let's see what happens
Lsk is scheduled for rebranding, but will have to check up on the dates :-)
