Hey Guys, Today's update is going to be about the most recently Hyped coin - Lisk. With all the great team behind the technology, we have seen a massive growth over the past couple of weeks. As a lot of announcements and developments are lined up this year and with an amazing chart pattern showing strong upside movement, we see it rise to tremendous growth. We...
The price bounces from the support zone formed by SMA50 and 0.001200 support level. RSI and MACD confirm price reversal. DMI shows trend markets conditions and confirms that probably the correction is over. Great buy opportunity.
Lisk support and resistance lines. Lisk is a currency you want to watch out for, the development team are working on rebranding and SDK's which could push up the price. We have not been able to break the $8 mark for a while now, but when it is passed we could see $10 - $15.
An ascending triangle, a continuation pattern. Often a 'bullish' chart pattern. Buyers are waiting for a (upside) breakthrough...
Lisk has not been able to break through the $8 resistance for a long while now, we have hit this mark around 3 times already and it seems to follow a pull back each time as there is too much sell orders being placed. However, once we do break through this psychological barrier (Which I believe will be the 4th or 5th run up) we could see Lisk being $10 -$15 in the...
Lisk breaks the first resistance and has two left. If it is able to pass through those, we could see prices of $10+ over time.
Waiting for some volume and Lisk should go up to the next Fib level easy. However 0.618 looks weak resistance. It should recover the previous high at 0.0018, for a 15-20% profit. RSI is on, waiting for MACD and volume.
LISK 16H chart going to new all high! RSI ready!
Lisk will hit new support as highlighted on the chart/ also shows a triangle pattern forming upward support
We have correction after strong rising impulse So, waiting for continue rising (there are 3 options) Use Supply zone as target
This is not financial advice, it is my own personal investment. It can go terribly wrong, or nicely right. We shall see! Worst case scenario I get out of the position hurt with 10% less of the initial investment.
My first analysis. I went long on LISK some days ago, so it may sound biased. The market seems pretty quiet recently, but it seems as the down trend is coming to an end. If it gets over the resistance line at 0.0008, it bullish for a while. Profits at 0.001, the next strong resistance
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...