This chart is addition to my last analysis, i think rebrand went quite well. It was meant to be rebranding and it sure was. Effects are pretty nice. Core seems to be delayed, but now testing is left only. I think it's good entry point.
Technical analysis:
.LISK/DOLLAR is in a Range Bound and Beginning of up trend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
.The RSI is at 60.
Trading suggestion:
There is possibility of temporary retracement to suggested support zone (18 to 11), if so, traders can set orders based on Price Action and expect to reach...
Big 1 Wave on Lisk, so more conservative 3 Wave to 1.0 Fib Extension. And a conservative 1.618 Fib Extension on it's 5 Wave.
Let's see how it plays out...
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...
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...
Like most of the other alts, Lisk is another one that has exploded in price lately. Now, with all this increase comes a time where there may be a need for a slight correction. this graph points out that Lisk heading for a short-term drop if we break below the support that as indicated by the purple Lines. Since Lisk is on a high right now it is not a...
Lisk has a fantastic team and a great open source software for developers.
Lisk is a public blockchain platform that provides decentralized blockchain apps. It was forked from Crypti by Max Kordek and Oliver Beddows in early 2016. - source en.wikipedia.org
As shown in the graph Lisk has been on a mid term pattern of reaching the top of shown channel and then dropping near the bottom of it within a 80-85 day average for the average total wave, within this 3rd wave that we are on we have not yet seen Lisk touch or get near the top channel therefor leaving a great room for reward if Lisk does play-out this way. The...
