LSK continues to swayWill the horizontally bottom of this triangle be a turning point in the value increase action. Let's see in a few days or weeks. POLONIEX:LSKBTC
LSKBTC trade ideas
Possible return to min-July levels The volume is low and goes up on dumps and selloffs. If it breaks the bottom support up-trend line, we can expect mid-July lows. Worth keeping a close eye on Lisk for the next few hours.
It is possible people are moving funds out of the altcoins and into BTC to get free BCC. Prices have a good chance to go up after Aug1 once the BCC/BTC funds are reinvested into alts.
Thoughts?
LSKBTC Short - Trade opportunity - Or buy at 75kStrong ascending channel with supportive Fib levels, long-term upward correction likely. Short-term resistance will be at 100k because of Fib boundary.
I'll buy at 75k and take profit at 85k in case of H&S.
LSK/BTC ShortBitcoin ignited rocket, altcoins stays in it's shadow. Lisk is following downtrend since 10.06.2017, now it's bouncing off trend's upper edge and support line ~0.00067 BTC (with couple brakeouts to next support line ~0.00058 BTC. It's necessary to observe this wedge (trend channel and support 0,00067). Look also on the new local up-trend which creates triangle with channel and probably will give us faster answer - where lsk will jump.
Lisk holders are awaiting some news from the project, and current price stays low due to lack of any important improvements. Maybe another wallpaper can change something ? :)
Lisk triangle breakout - going up!Im really bullish Lisk. The are going to rebrand in august and launch there SDK tot the public in Q4-2017. Then the price will really start to take off. Im not surprised to see a 20/30usd price this year. Next year should see 100usd easy. Same concept as Ethereum. Lisk is better then Ethereum since it works with side chains (Not making the main blockchain congest. This problem is already happening to ethereum at the moment) and Lisk is based on the well-known javascript language instead of Eth's unknown Solidity language.
Flag formed / Handle formedThe LSK darling has just created a pattern that is quite bearish. I believe this pattern will continue until the channel doesn't break downwards convincingly.
So HOW do I make MONEY?
The interesting bit of a channel is you know two parts:
1. The money is in making Shorts
2. You need to square off position whenever you hit the lower trend line, when trend line breaks with volumes, enter the short again...
It's a fun play. Play it like a cat and mouse game. And please donate! I am a long way off from my college funds. I don't understand why don't loans cover USD 8000 of initial payments...
I am fine if you don't wish to donate! Just make the money that's ready on the table and spend it well on the most important person in the universe, - YOU! Take it as a gift from me!
Lisk fourth try through the boxLisk hit the support are three times on the fourth hit the same price as at the first time
Bounced up to third support
And dropped hard on decent volume
Now Lisk has already tried the old support zone three times and moving on upside of cloud.
The lower resistance level also coincides with 0.236 fib
Where do I go from here - LSKBTC?LSK has been very obedient to the trend. She's awesome! Wish I had a girl-friend that way, I think I'm wishing too much!
Anyways, getting back to the chart. LSK has reached it's support level. It has intense support here. Long term trend supports. It is more like a band of supports with a lot of volume present within. Just touching anywhere within the band is calling sharp-pullbacks upwards. Is it time to invest? Maybe.
Am I investing, not yet. Why? Because I am playing with my college funds.
When will I enter? Soon. Especially when BTC cracks and LSK remains constant. The ratio will become too lucrative in USD price terms. If you are confused by my last statement, it's time to brush up with some math - Ratios. And if confused with anything else, buzz!
Lisk to double in price next week?If the pattern keeps holding we might see a doubling in price the next 5 to 7 days! Lisk has great potential with a good product, project and dev team behind it. They are prepairing to rebrand/marketing and release there SDK for there platform development. Exciting times ahead!
LSKBTC's Master Support and ReversalThe next 10 days will decide how LSK would rise... It's already close to the master support line (King Kong line).
Disclaimer: I have interests in LSK and would be looking forward to purchasing it when it enters the box...
A triangle with weak bottomPOLONIEX:LSKBTC
Lisk's increases tend to fall soon. But they might bounce up on support. If not - I would make some longer position when it stops falling. We will see in max. 5 days how it goes. :)
BTC tip: 1AHmTdEYwQvKry47aX9vVTd8LnjUQeJp9F
Thank you! :)
More pain for LiskMy technical are telling me that are we are setting up for a further move downwards after a weak
retracement upwards on the 1hr timeframe.
With ETH weakening the market is on the whole looking more bullish. The fact Lisk is already weak and
in a bearish downtrend makes this a nice opportunity to short.
Entry price 0.96301
Exit price leave until at least 0.80000 and possibly further depending on market state.
lisk trendlineas you can see lisk is still bullish after the bloodrain of last week but took massive damage. it touched the support trendline a few times but the trend is still intact . now but before we can break the resistance line we have to break that nasty red ichimoku cloud after that we are al set.
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Climbing the obeLISKLisk is fundamentally undervalued. With the potential to become a major platform for Dapp development, this could become a top 10 coin. Mega-bull case based on log trend continuation
$LSK Moon soonPlease I want to be rich!
So now I have to publish this stuff on twitter and hope it will go up? Is it working like this?
Trade the Break outMore bullish signals then short, trade the breakout in any direction.
LISK has alot of long potential due to what it is, if you dont know about LISK go research it.
Lisk Showing A Completed Correction; More Upside In ViewLisk made a three wave pullback into blue wave (4) correction and later found some support at the region of the former wave four at 0.00079674 level. We know former corrections can usually act as turning points and in our case as a support. That said current rally can now be start of a new impulsive leg higher, with price currently trading at the beginning of sub-wave 3. That said more gains can follow on the cryptocurrency.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
