Well, to begin with, it has been announced that Lisk has been added to a large exchange which has sent the cryptocurrency price right up in value, this happened earlier in the day and ever since the enormous increased the price how pulled down quite sharply. This is a good thing and should not be taken in a bad way, I suspect that this dip will help the currency...
This is an update of a previous analysis. The wave count is still ok, and the 4 month- MA seems to be a good guide. Wave 5 might have started yesterday, but it is to early to be sure - corrective triangles can easily produce misleading moves. If the actual backtest of 27 USD prevails, this would be very good sign.
Self explanatory chart as always Important upcoming news is that LISK will be listed on Robinhood exchange in February
Another good coin to buy is LISK It had a nice run up to long term resistance trend en is now consolidating It also has a rebranding end of january + LISK CORE 1.0 launch LISK getting ready to blow up A break of long term resistance trend will give us a buy opportunity Good luck!
Following the previous idea on Lisk VS Bitcoin , it has reached the upside target at btc 0.0022 and broke above it, signaling on a potential uptrend continuation. However, price failed to close above the resistance although managed to produce multiple spikes above it. At the same time, the support at btc 0.0013 has been rejected, together with the upper...
Good day traders, Here we have a 2h chart of Lisk. We're currently in a symmetrical triangle which we will either break up from or breakdown. I've drawn in multiple supports (and resistances). Lisk will hover between them, no one can know for sure in which area. My bet tho is that we will break up, and hover in the $26 to $31 area. RSI going up indicates we're...
Currently consolidating in ABCDE pattern within an ascending triangle. I like to buy at the bottom trendline and hold for the breakout, closing the position on a close below the trendline. Lisk will be rebranding on 30th Feb (around 3 weeks away), they have a big party and presentation planned and other coins that have rebranded have seen their price rocket e.g....
As you can see Lisk forming cup and handle. Buy 0.00194-0.00198 1st target-> 0.00214 (but I wouldn't sell here, I would hold until rebrand.)
Impulsive structure is developing. Another round of rally is ahead. Scenario is valid unless (ii) is exceeded.
1D chart = down trend. Technical 8$ ahead
TECHNICAL ANALYSIS: The impulsive wave scenario has been invalidated! Currently, the best scenario available is not the impulsive formation, but the double zigzag (W) (X) (Y), which ended at $ 40.48. The reason for changing Elliott waveforms from impulsive to corrective is too many canceled levels and too many overlapping levels. It is not the traditional...
I have stated in my previous posts that if bitcoin drops below 12500, that 11k would be the next target. but now we have the question to ask ourselves, will it keep going lower from this point on? This is a hard question, and one that there is no certain answer too. However, If we open the log chart. We can see that this is a strong support area for bitcoin to...
Last time with this RSI an almost tenfold increase followed. Still a further dip to the lowest trendline is possible. But now wave 2' is almost 76% of 1', so this is nice correction at position 2 which could enable a healthy wave 3'.
TECHNICAL ANALYSIS: The long shadow of the supply candle has set the demand zone (green) between levels $ 25.84 - $ 30.00 and only a serious violation of this zone can turn against bulls. The consequence of this market behavior would be a fall in the price towards the golden trend line around the level of $ 20.00. For now, however, there are no grounds to...
Following the previous idea on Lisk , it has reached the final upside target near $40 and rejected it. Now the picture of the further development of Lisk against USD is not that clear. After rejecting $40 resistance price went back and currently testing the support at 527.2% Fibonacci, that is $28. It remains to be seen if this support level will hold or not....
As mentioned in title, lisk looks good. But remember, trading around ATH is never obvious and easy. Target: ~300k, maybe 310
Lisk moving in triangle for now. Expecting another leg down to our support line, but the overall trend is still extremely bullish with all the news coming up next month. Short term target on the chart, but its all the way up,up,up for Lisk imo. The FOMO still has to come. Wait for breakout.
As lot of you know already there is planned huge re-brand in February and that is one of the reasons why lisk ih growing. You can see in chart that there is a flag forming, so this is good accumulating time. (Also this recent spike could be forming of a first Elliot wave and you know what comes after second wave which is in forming now).. Buy...