LSK has a very ugly long-term chart.
On the daily, it looks like it's in a "Shoulder-Head-Shoulder" pattern, however the Stochastic, RSI and ADX indicators indicate a sideways move with a possible rally.
If the BTC rises it can only follow later.
However, now is not the best time to position yourself on altcoins.
I would particularly be left out.
Guys 50 EMA cut 100 EMA from top to bottom. So i think; if BTC won't go up to 58-59K, Lisk can fall down to 2$. But this is the crytocurrency exchange, everything is possible here.
There's a good scenario on the other side: If Lisk will be able to break 2 blue downtrends, we can go to 5.5$ then 7.6$.
If i had Lisk in my basket, i would sell it and i would wait to...
LISK IS UNDERGROUND GEM
R1: TENKAN SEN
R2: RED AREA
S: RSI TREND LINE AND POSITIVE DIVERGENCE
VOLUME: IS GOOD
AFTER R1-R3 YOU CAN HAVE A GOOD PROFIT
IT IS NOT FINANCIAL ADVICE
RISK MANAGEMENT AND BUDGET MANAGEMNT IS IMPORTANT
Lisk got hit very hard by the recent BTC turmoil. But it's already coming back strong. It's currently in heavy reistane area, but after consilidating a bit on trend support it could be going to the upside. This will encourage a push to 7$ and higher. But more importantly: when this happens, LSK/BTC will be breaking out of it's consolodation. Besides that there's...
An idea for LISK
I feel on the USD pair that the upper band of the parallel channel will soon be broken, and upward momentum will proceed
On the BTC pair evident 'degeneracy' will soon reverse with a bottom formed, this is more commonly seen among altcoins these days as BTC.D is dumping
Chart was requested
I am neutral on LISK
- MACD, RSI, Chart -> bullish
- resistance around 4.75$
What Is Lisk (LSK) ?
Lisk is a blockchain application platform aiming to create an accessible future where everyone can benefit from decentralized technology.
Lisk enables developers to build applications as well as deploy a side-chain linked to the Lisk network that includes a custom token....
Some targets for Lisk. At this moment price is correcting a bit from a pretty big move up. Anything between here and $4 is the entry range. Going below 4$ again would invalidate this idea... If that happens I believe bullish momentum will fizzle out. And whether that happens or not will be determined soon. It's risky, especially with BTC where it is now, but if...
Sadly Lisk has been very underwhelming these past few weeks. But Lisk is still a great project with strong fundamentals. If you haven't invested yet, or simply want to keep stacking, regard this as your optimal point of buying.
LSK after the February bullish movement, now it seems to me in an accumulation phase, while the lower contours are not clear instead the upper part is well defined, the break of the upper descending TL passing now for about 4 usdt could be the right signal for a new bullish impulse
I think Lisk has already bottomed back when it hit just above 2$. The most ideal position to enter trade would be around 2.4. If we go above channel from here (above 4), you can expect tremendous gains. The fundamentals surrounding Lisk support this theory.
Lisk is about to make another big move up (if BTC doesn't tank the whole market, ofc). You really don't want to miss out on this completely undervalued gem. Lisk will soon be regarded just as highly as ADA and DOT... The biggest gains will come in April, which coincides with a lot of positive news (new build releases, increased marketing). But imo you should...