daoist

daoist

It seems like Lisk is exhibiting signs of the 'Bitcoin Seesaw Effect'. Crypto Investing #43 - What Is A Bitcoin Seesaw Effect? - By Tai Zen BITFINEX:BTCUSD has shown phenomenal growth since June 12, and has continued to push forward in the past 24 hours. Until we start seeing strong signs of POLONIEX:LSKBTC breaking to the upside, a continuation of the...

daoist Updated 

One more dip to the mid-low 70k area before price bounces off the bottom edge of the pitchfork trend channel. Reversal to the upside after 22 hours if the bottom of the trend channel holds and is not broken.

daoist Updated 

A Ethereum base market and two new trading pairs were released by Poloniex yesterday - POLONIEX:DAOETH & POLONIEX:LSKETH . This offers an interesting opportunity for Ethereum holders who want to invest in LSK but do not wish to pay for the double conversion fee of exchanging ETH into BTC, and paying another fee to buy LSK. A smart move by the exchange...

daoist Updated 

Quote Coin Street News: "The current set up on the 1H is very similar to both a bull and bear set up.... At times LSK seems to be tracking with BTC, so perhaps that is worth watching if you are trading LSK. Price becomes technically bullish once it is above the white down trend line." www.coinstreetnews.com Above I've added a rainbow pitchfork to give the viewer...

daoist Updated 

Trading View has updated historic data from POLONIEX:LSKBTC , giving traders a clear view of this coin's trading potential. In this chart, a target of 82k from 60k in 4 days, with a stop loss at 54.8K shows a 'conservative' forecast. Expect news about Lisk and it's founders later today at the BlueYard event. Berlin, June 1st: "The mission to upgrade the...

daoist Updated 

Is Lisk drawing a cup & handle pattern? I am expecting LSK to break the 82k barrier soon. Waiting for resistance to become support before re-entering. Holding previous long positions from 60-70K. What do you think?

daoist Updated 

Lisk has now entered its 2nd week of trading. Quote Bitmex Crypto Trader Digest May 30, 2016: "Last week LSK listed on Poloniex with an extraordinary opening day in terms of volume and price action. Its I.C.O. price was 0.00018265 LSK/XBT and immediately listed at 0.00275 LSK/XBT on Poloniex (1400% return), the price dumped to a low of 0.00035 and is now...

daoist Updated 

Squeeze Momentum suggests #LISK price will make a break upwards in the symmetrical triangle trend channel.

daoist Updated 

A flurry of events happened yesterday: HUOBI:BTCCNY touched a high of ¥3944.3 and is continuing to rise. The Dao released KRAKEN:DAOXBT , bringing plenty of interest into the Crypto 2.0. space, as well as competition: $129M market cap and $3M+ in trading volume. Lisk has held its own. Currently POLONIEX:LSKBTC is #4 in trading volume at $5.4M , ahead of...

daoist Updated 

Scouting for an entry zone. Overall market volume of The Dao KRAKEN:DAOXBT has now surpassed LSK POLONIEX:LSKBTC . Further weakness in price and volume can be expected until #BTC market cools off. Until #Kraken release #LSK trading, expect #Poloniex to control price direction for the time being. Waiting for entry in the 50K zone to catch a dip.

daoist Updated 

Looks like we hit a good bottom @ 55K LSK this morning. 60K was a great buy area imo. I believe LSK can overcome overhead resistance today and try for a breakout by the end of the weekend. Watch for volume dropping from Bitcoin (currently 275k BTC) and increasing LSK buy pressure at Poloniex to confirm breakout strategy. Current LSK trading volume on Coinmarketcap...