MACD and Stochastic are showing clear signs of LSK uptrend. The fib Lines indicate potential resistance points. Hold on tight...
LSKBTC respect to the cup handle
new follow up on my last Lisk chart - here is the correction of the Fibonacci resistance fan small Fib is shortterm middle Fib midterm and overall Fib is longterm Lisk saw some updates on their Server-daemons - v 0.80 atm blog.lisk.io cryptocoin.cc and they are aswell a big Hodler of Byteball bitcointalk.org explorer.byteball.org and after that higher Low we...
Since its reversal from the bottom of sub 10k, $LSK has been consolidating between 0.00021-0.00037 for the last week or so. We have about a day or less before we break out of this triangle, hopefully to the upside. Buy the breakout, or the throwback, coz if we go up, this move will be big.
I have no idea about LISK, so this is just based on Technical Analysis. If this works out in the end and you made profits, please let me know in the comments why do you think LISK is a good investment. I'd like to know more about the fundamentals but I'm not so interested into researching it myself. Stop-loss at 0.0002. Good luck!
Lisk is a coin that could potentially be one of the best buys of 2017 at these levels. Currently, Lisk has a 20million dollar market cap. Max (the CEO of the Lisk Foundation), just sold around 1000 bitcoin to fund lisk development. Lisk still holds around 10k bitcoin as well as millions of dollars worth of byteball. So why is Lisk THE coin to buy right now? ...
Inverse Head And Shoulders???? I hope so ...
Lisk can form now right shoulder, if so, watch neckline and bullih target (around 60-70% of perfect target).
All bearish trendlines broken, the market follows new, (a) very strong trenline(s) and a (bullish) Cup and handle pattern is forming since december 18th (1 month). The Lisk market also respects major FIB levels which makes the price more predictable. RISK/REWARD RATIO: 7.6
About time for lsk to wake up ... open Long
Slow rally up to around 80-90k sat, then pumping 117% from that position to 170-180k, then falling back down to 80-90k for it's avg long term price. That's 600% at the top of the pump from price value right now, and an average corrected price long term of 80-90k.
All details at chart in polish. Green - bullish, red - bearish, blue - neutral. Czy kupowac, nie wiem, ale powoli tworzy sie klimat do wzrostu. Powodzenia. :)