There have been two tests below .0007 in the last 24 hr, Just now a break to the upside could mean a retest of the .000824 level.
I think in the next day or so the next up leg on LSK will start.
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...
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?
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...
Making analisys on new cryptocoins is always difficult -sometime impossible- but look at resistances it's a good point to start, if lisk break this there are big chance of profit. if lisk break the down line, go short. Simple but efficient :)
LSIK seems to be a very interesting alternative project to ethereum and could be huge underrated right now. I will start to follow up LISK here a bit, seeing a healthy bottom forming right here. I will still hold some ETH but tending to switt over the next days and weeks considering the market conditions and opportunities. Today LISKBTC went 20% up so far,...
Squeeze Momentum suggests #LISK price will make a break upwards in the symmetrical triangle trend channel.
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...
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.
Wave trend Up and MACD positive cross. Time to long maybe.
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...