Has changed it a bit, believe the next leg up is not due before BTC recovers, and the vanished capital returns to the market. A leg up before rebranding and another leg up after rebranding (correction in between).
Lisk may take a leg up prior rebrand and then do sideways. If rebranding event goes well, we are heading to new highs in March.
Hello, Someone asks for analysis on this instrument. It is precisely the same situation just like on Bitcoin. We can see triangle on Price chart and triangle on RSI. Momentum start building up on crypto-currencies. Please watch the charts for the next few hours, just like on Bitcoin, we can expected quick price move either direction. Cheers, Jim
LISK coming to the end of a long symmetrical triangle. MACD and MA's are flat. Bollinger bands are pretty tight. It is ready to break but remember Symmetrical triangles are 50/50 so I would wait for the break to enter. t.me
INTERPRETATION BITTREX:LSKBTC is an undervalued project that shows potential for promising returns. The upcoming rebrand will likely result in an increase in value. LSK has been trading sideways since its last bull run. Suspected price to increase to ~$50-100 by the end of year. The opportunity to enter a position at the current premium price is set to expire by...
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....
LISK looks like it might be repeating its trend of consolidating with a quick dip before starting a sudden breakout uptrend. If it does repeat it will be need to break through the resistance line that it has tested several times since the ATH. Be sure to set a stop loss on this one as it could easily go on a bearish downtrend.
February is a spical month for lisk , target above 0.006 (3X)
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.
We're going into a new space where LSK is free to reach 364K sats soon Keep your eyes on it, and buy the dip ! Here are all the next resistance lines and the uptrend channel where it should stay in. Going back under 180K sats isn't good Wish you all the best .