Possible upside potential for Lisk (LISKBTC): 4hr tf analysisThe 4hr tf downtrend in Lisk (LSKBTC) from Feb. 10 2018 to March 15 2018 has been identified as the termination of intermediate wave (A) with 3 minor subwaves W-X-Y. Price has currently broken above the latest downtrend line which is also the top of the of the wedge (ending diagonal) for the minor wave Y position.
The current set up offers a risk to reward of ~3:3 if 0.00167814 is used as the point of entry into the trade with position closed when the market reaches the bottom of the target area (0.00271562)
Target area is between 0.00271562 and 0.00288088
POI (point of invalidation) at which point the trade will be exited is a price close below 0.00136139
LSKBTC trade ideas
LSKBTC , LSK gaining momentum for the launchLSK on the four chart has finished its decent. There is an obvious bull channel forming and the current uptick has plenty of push. Sharp spike in volume makes this rocket ready for the launch. I plot first level of resistance around 0.0019
Thanks for reading, I am learning and would love feedback
best
Axel
LSKBTC (Volume Analysis Prediction 3/16/2018)The coin grew, regardless of the downward trend in the market
Falling in spite of the "mood" of the market
This indicates the existence of one's own idea
And gives reason to expect a new uptrend
Entry point: 0.001779
Stop: 0.001644
Target1: 0.00206
Target2: 0.002345
Lisk will be in the future?Coin of the day is Lisk.
Lisk appeared in early 2016 year as a fork of Crypti (Crypti team broke up later).
Lisk is considered as one of the alternative technologies to Ethereum. Roughly speaking it is a platform for the development of blockchain applications.
They have own philosophy on blockchain applications, so it's not just clone of the Ethereum technology, Lisk could be a kind of alternative in the future. Obviously, not by capitalization, not by popularity, they can not be compared. Nonetheless, Lisk has all chances to get its fair share in future of crypto-tech companies.
From the technical view
The coin was trading in a downtrend during the BTC recession. Recently LSKBTC pair reached the 61.8% Fibonacci retracement of the global uptrend and started to draw a rebound pattern, accompanied by a jump in volumes.
The coin climbed above the psychological support level 0.0015 and now is drawing an uptrend pattern. If the price will manage to hold above the 0.0015 and afterward reach 100-days EMA that would be a sign of the beginning of the bullish cycle.
LISK SHORT NOW, Long from February.Lisk recently disappointed again investors and developers with another delays. We can currently see price drop after Lisk meeting which has shown us lack of professionalism, presentation rather looking like school project than multi-mulion dollar non profit company product. I expect price to drop and retest recent lows, then near February we shall see pre-event hype. With purple circle i've marked crucial point after rebranding, if rebranding and product they show will not be good then price won't go up.
$LSK recovery$LSK just hit demand join and stay strong on support, multiple bull div forming. Expect a pull back to previous top
LISK/BITCOIN Short SignalGood day to all investors,
Nowadays we can see many interesting crypto coins.
One of the virtual currencies in a continuous motion is Lisk (LSK).
Since launching the new decentralized apps, the digital coin is making a run in both market price and demand.
In the current cryptocurrency trends, it is evident that Lisk is among the incredible coins of the future.
Even after the recent virtual currency crash, Lisk continues to navigate through the murky waters and it has been increasing in value each day.
However at the moment we have drawdown so we can expect some correction.
So my forecast is the following:
Buy Order now: 0,00152
Sell Order: 0,001675
Stop-Loss Order: 0,001368
Let's make some profit!
LSKBTC Touchdown! We hit the golden ratio.Link recently had a massive pump by the hype surrounding the rebranding. But like most of the times, there was a massive dump when reality caught up with the hype. Lisk has had a violent dump, but perfectly retraced to the golden zone (between the 0.618 fib and 0.65) and immediately broke the downtrend it had since mid February.
The breakout is potentially starting a 5 wave elliot structure with the wave 1 already formed by the breakout, which led to profit taking (wave 2) and now holding perfectly at the 0.50 algo target (16000 SAT) even during the dramatic BTC crash going on.
It's key to keep an eye on the support zone & trend line to hold and see where it develops from here, but a break out is looking likely.
Every trade can fail, but as trader we play the odds and this is looking like a fantastic position.
If you want to reward me for the time I spend to research and TA and keep this going:
Donate BTC: 1EQuazVs5MHpcBrceUvKWwtmFBVpNn6hxw
Donate ETH: 0x9746e2692bad3dc2da5c8d759e2d8c56af74e3d9
Donate LTC: LVZef6iRGe7unhECDFmGDM8VzDMzUaGZqY
Thank you and good luck!
Gojira Nakamoto
ps. This is not financial advise. Use the above information as an indicator, or a way to learn.
Lisk USD & BTC: 2 charts suggesting a move higherGood morning... a new type of analysis where I aim to show how LSKUSD chart can help inform us of what might happen in LSKBTC.
LSKUSD: Lisk has made a really nice move off weekly S2 and is heading up to this weeks central pivot.
LSKBTC: Has moved up off the 88.6 level & on daily chart the 200MA which i veiw as very positive.
Possible entry: I would wait for a small pullback and a higher low somewhere in the regoin of .00161713 (green line)
Stop loss: under S1 .00138815 (red line)
Lets see how this plays out :)
