$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.
Exit pump aheadFrom a technical standpoint we are in a uptrend. Lisk was the only crypto in my list of coins that I picked up early January that made me smile a bit by recently turning into a small plus while all other coins stayed depressed way under water. As I know that there is the rebranding coming on February 20 and I will make sure to visit that event in Berlin, please leave questions in the comments under this analysis that I can ask the founders during or after the presentation. I will also spend some time to get into the details of the platform and usage scenarios as I was quite lazy lately.
The uptick in price catched my attention, but we often see this upfront of big events in every coin. Rebrandings have been very successful in the case of NEO and VEN. So people react to that, but right after these events are nowadays usually dumped. Sell the news! The current upswing in price come with almost no volume. This means there is no incentive for holders to sell it now, but the supply side can change at any moment.
We can see this using the OBV indicator that should go up with rising prices to show a healthy trend that involves wales that are accumulating. Once they stop the curve gets flat. This is my favorite indicator for evaluating cryptos right now. The OBV reveals that wales were buying at the relative bottom in December and hold on to their coins while letting others drive the price up in anticipation of the upcoming event.
What else does the chart tell us? Heavy divergences in the momentum oscillators. My short term custom MomKijun indicator as well as the 3/10 MACD both show lower highs on higher highs in the price for the recent upswing. This usually means that there is a pullback immanent. That said, this signal might fail in the current market situation where the price seems to be driven up by a lack of supply which can go on up to the event in 12 days.
From the technical perspective I would advise you to sell the news and buy back later on a dip if you are in for the tech that I can't comment on as of now. Currently Lisk seems to be inflated.
$LSK #LISK Targets - road to rebranding Feb 20th and beyondLISK is on a very bullish path at the moment. February 20th we have a major event - the Rebranding - followed by a relaunch one month later.
A strong bull rally is very possible from this moment on.
Last week with the listing on a new exchange, we could see how easily LSKBTC was pumped, counting both as a testdrive for the real rally as well as taking out as many sell orders as possible.
The test was positive and now since a few days we see the beginning of another try to break the ATH.
If that succeeds, it is very likely the second target will be pushed.
I marked the third target, not sure though is possible, unless the guys behind the scenes want to throw a Verge like party with Lisk and push the price to the moon.
In which case be prepared to take a lot of profits.
This is the day chart by the way, you can see the evolution of LSKBTC since last year, I put the pink trend lines last year and pretty much the price is following them, which is a good sign.
Enjoy!
Thanks a lot for your likes, follows and comments!
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LISK rebranding = 100% gains from entry, but correction first!G'day fellas, today I bring you LISK. I only wish that I found this gem sooner and could have capitalised on some of the sweet sweet gains, this coin has already had. No fear though. I still believe the coin has a little bit of steam to go, but before that it needs to correct before it needs to settle down.
LISK is a cryptocurrency forked from Cypti. Much like ARK, this is another platform currency but with a twist. Instead of running dAPPS on the main blockchain, each one has its own blockchain! A lot of people say that this is the better ARK and whatnot as both seem to serve a very similar purpose.
Buy zones: 0.00212978 - 0.00238579
Sell zone: Only 1 in sight. 0.0047500+
Fundamentals:
The coin is rebranding on the 20th of February. Rebranding alongside hard forks and airdrops often result in mass changes. New roadmaps are released, partnerships are announced etc, previous rebrands have let to sky high prices in coins such as VOX and whatnot. LISK is no different. They also plan to upgrade their mainnet protocols - although they are further down into April and beyond.
Technicals:
LISK looks to be completing the 3rd impulse wave up in a 5 wave elliot wave. As per elliot wave rules, it states that the 3rd wave is often the longest but never the shortest, and i can see the formation of 5 subwaves within the 3rd impulse wave up. The final sub wave is completing as we type right now,so I believe it is a good time to wait for a correction before reentering.
The first impulse wave corrected a small amount to its 0.382 fib level and was rather flat, and as a result I expect this one, the 4th impulse wave to be more zigzaggy and correct down to the 0.618 fib levels. Though you can consider laddering your buys from the 0.5 fib levels all the way down to 0.618.
Sell points are retrieved through Fib extension through the super cycle elliot wave targeting 0.00475 or more, although you can gradually take profit slowly on the way up. 0.000475 puts it just under the 2.618 levels. Reason why I selected this value is I expect the current 3rd wave to reach just under the 1.618 fib extension which is around 367k. Mind you this is is a rather prudent sell zone, as I am more of a conservative trader more happy to lock in my profits.
I am still learning TA, so please please please roast me and give me some tips.
Go ahead and grill me :) Any feedback is appreciated
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
Lisk looking set for one last intense moveLisk has been pumping the last weeks with the upcoming rebranding. Expect that to continue until the 20th february relaunch with increasing FOMO leading into the event. Lisk currencly lies in a nice looking pitchfork, and judging by this pitchfork, fractals and fibs this move could go all the way to ~0.007.
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%