Lisk is behaving considerably stable at current levels. The rebranding is a building up a lot of steam under the lid and the traders are extremely enthusiastic about Lisk in the social media, however the dev team seems to be holding their rebranding plans back because of Bitcoin volatility (personal assumption) or they may be having a delay - either way it seems...
If LSK were to repeat this is what it looks like. Currently not in a position but considering a long hold. Lmk if you have any thoughts.
Lisk 4hr in downtrend after consolidation. Daily in consolidation
Break of Descending TL on 4H, Bullish EMA's, Price structure reversal, HH/HL's, Strong break above 38.2 fib
Lisk support and resistance lines. Lisk is a currency you want to watch out for, the development team are working on rebranding and SDK's which could push up the price. We have not been able to break the $8 mark for a while now, but when it is passed we could see $10 - $15.
LSK has great daily chart. incredible momentum. we are seeing a nice range develop the last few days on hourly. if we take this range out it should bring us to its hold highs which is nearby giving a chance to restart a breakout. This is just a mini range break that will play into a larger pattern.
$LSK - Lisk Bullish Ascending Triangle Heading back toward $8.00 - Once it breaks through $8.00, expect $10+ in near term. Needs to hold lower ascending trend line. #Lisk #crypto #hodl #bullish #bitcoin #ethereum #litecoin Note: Idea/opinion, not investment advice
Bollinger Bands + Moving Average Exponential
Lisk will fluctuate between the support and resistance shown on the graph, if it reaches the white line ($8 mark) we may see a retracement, otherwise, it will break through and have an upsurge in value.
LSKUSD is just on the threshold between the lower two quartils. Although price correction was ok - 62% - timewise it was very short. Therefore it is not quite clear whether the correction is over, but the candles look promising and rsi has relaxed.
Easy crypto signal. Green line shorter term long uptrend signal. Red line shorter term downtrend signal. Green dots longer term uptrend signal. Red dots longer term downtrend signal. For more volatile price action you need to go to lower time frames.
After crossing and retesting the first pitchfork line, the coast could be be clear for reaching the middle line. This would imply a doubling of the price of lisk within the next 10 days.