LSK/USD has been trading the downside considerably after a peak ignited a considerable correction of the 16th January. The correction on LSK/USD ended the next day at the support zone at 15.75$ on the 17th January. Price has broken out of the downtrend. Price has been having higher highs since the retest on the support on 17th January. The side-wards resistance...
LSK always retest After entering the convergence section, it seems good to enter the retest when climbing.
Lisk uptrend remains intact as it continues to produce higher highs and higher lows. The previous low was at $10.7 where 4/1 Gann Fan trendline was first rejected and currently this remains a key support area for Lisk. On the 7th of January Lisk produced a new all-time high reaching $40 and then corrected down sharply where it tested and rejected the Gann Fan...
After the accelerated momentum seen yesterday due to bitflyer listing news, LSK has been on a retracement. Base on the fib retracement analysis, we can see that it has retrace to the support level that has been tested multiple times at $21 dollars. The trendline and counter-trendline indicates that the price will consolidate in a few days. However, 4 hour chart...
This is an update of a previous analysis. The wave count is still ok, and the 4 month- MA seems to be a good guide. Wave 5 might have started yesterday, but it is to early to be sure - corrective triangles can easily produce misleading moves. If the actual backtest of 27 USD prevails, this would be very good sign.
Here we have LSK/USD on the 1H chart. LSK coin has a market capitalisation of ( 3,174,181,426 ). The last 24 hours presented large-cap cryptocurrencies down 10% or more. Alternative cryptocurrencies across the board were affected, although LSK/USD coin weathered the storm relatively unscathed with a marcket change at ( $ 261,244,000 ) the last 24 hours .
Hello Traders, This is the first time I see this chart (again some one ask to analysis). Look like again this is related to Bitcoin. We have indecision on the market – this is the reason we have on price chart and RSI triangles. Just like on other crypto-currencies momentum should rise and price will push into either direction. cheers, Jim
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 $31 area. RSI going up indicates we're...
i will probably ride this next wave !
1D chart = down trend. Technical 8$ ahead
TECHNICAL ANALYSIS: The impulsive wave scenario has been invalidated! Currently, the best scenario available is not the impulsive formation, but the double zigzag (W) (X) (Y), which ended at $ 40.48. The reason for changing Elliott waveforms from impulsive to corrective is too many canceled levels and too many overlapping levels. It is not the traditional...
Last time with this RSI an almost tenfold increase followed. Still a further dip to the lowest trendline is possible. But now wave 2' is almost 76% of 1', so this is nice correction at position 2 which could enable a healthy wave 3'.
the deep correction come to the market. How long it will be during ? Only hedge knows. Be patient. Remember it is healthy to the market. The most important think in the cryptocurrency is that the people use it, the price will follow by own. Accepted should grown and banking without banks will be more popular. Good Luck.
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...
Following the previous idea on Lisk , it has reached the final upside target near $40 and rejected it. Now the picture of the further development of Lisk against USD is not that clear. After rejecting $40 resistance price went back and currently testing the support at 527.2% Fibonacci, that is $28. It remains to be seen if this support level will hold or not....
Cup and Handle pattern is evident from the 1hr graph. Increase prediction is made from measuring bottom of cup to breakout, if breakout happens at current price, we could see a quick 9.7% increase. I am not a financial adviser, please trade at your own risk!
Lisk currently is on an uptrend and has just broke a wedge on her pullback. I see this cryptocurrency continuing to rise due to the people at the top of this project. The foundation is strong and they continue to level up every move that they make. Right now she is sitting on top of a support zone as well as the 50 ema. I'm looking to have movement continue...