LSK -- A Buy while Consolidating

POLONIEX:LSKBTC   Lisk / Bitcoin
Hi readers,

I wanted to take a look at LSK before the 20th -- when its set to blow up (The 1.0/Rebranding/RE-Release). This will create a lot of hoop-la. I'm rather certain we will see some liftoff before hand, and I imagine the day of we'll see some crazy volatility -- making having the asset in hand great if you're ready to trade quickly.

Right now we can see the LSK market consolidating. Certainly some of this is the fault of action in BTC . Being as my analysis in The Trend has us Bullish on BTC , the correlation of the two coins has been positive, with LSK usually outpacing it on its moves. That sure sounds like the makings of an explosive move for LSK in the coming week.

I recommend you find a good buy-in and execute on it. Naturally I have highlighted the 23% fib as a good buy. I don't know that you'll get a good chance below that. I recommend taking this chart and "Making it mine" to see if you agree. I'm confident you will, with very little research on this one.
Hey Nuke, Can you comment or update based on the current market conditions for LISK. I think the event went very well, they show that they are building a solid product, consultation company and knowledge base for blockchain technology. I see huge potential with LISK longer term. Just wondering when you see the current sell off reversing. All I saw was German precision and slow execution in order to get things right and they were raked over the coals for it.
nukenowakowski shesgunnablow
@shesgunnablow, Yeah, I think the comment by @Widmo explains the selling here. I'm still long on LSK. I don't see any reason to run from it. I think they could have done better of course, but overall I like what I see so far. I'm still doing more research into all of the happenings at the moment. I plan to update when I know more!
what to sell everything during the action on February 20 .....? and after the smoke enter again;)
+2 Reply
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