Lsk
LISK - Winter is Coming!LISK is going to release their SDK soon along with their long anticipated rebrand on the 20th of February, 2018.
LISK reached $12 last week as people were speculating the rebrand date was going to be the 22nd of November, 2017 in the previous Berlin meetup. It was apparently a shock to many that they had to wait another 3 months, so people panic sold and weak hands are selling as well, which brought down the price to $7.50 (~80000 satoshis)
We are approaching the ideal entry zone where you can accumulate more LISK. The light green zone is a safe entry and the dark green zone is the PERFECT entry for accumulation. Are we going to reach the dark green strong buy zone? Maybe, but I doubt which is why I am accumulating LISK and will eventually reach full LISK position if we happen to hit the dark green zone.
30% BUYS at 80000 - 77000 satoshis
30% BUYS at 77000 - 72000 satoshis
40% BUYS at 72000 - 64000 satoshis (Our strong buy zone)
I noted the target profits in the chart above and I will personally consider taking profit between TP2 - TP4
Target Profits (% profit calculated on an average of 7700 satoshi entry):
TP1: 129000 Satoshis - 67% PROFIT
TP2: 158000 Satoshis - 105% PROFIT
TP3: 191000 Satoshis - 148% PROFIT
TP4: 210000 Satoshis - 172% PROFIT
What if we don't get the chance to buy within the strong buy zone? Then you can either consider the 60% position to be enough and take profit if everything goes well... Or you can take a full position within the 1st and/or 2nd buy zones (As a longterm, you will probably be at good profits)
BUY THE FEAR! BUY WHEN EVERYONE IS SELLING :)
Good luck and keep profiting.
PS: I am not a financial adviser so trade/invest at your own due diligence and ONLY invest/trade with what you can afford to lose.
LSKUSD $13? Elliot Wave AnalysisWhy I think this:
Strong bullish indicators
-Good volume on breakout of consolidation phase
-Falling wedge on RSI (white line on RSI graph)
-Recently had a bullish MACD divergence on 4h and longer candles (more on this later)
Don't enter now, however for these reasons
-RSI at the top of resistance on falling wedge
-Bearish MACD divergence on shorter candle length (45 min, 1h)
Instead, wait to enter potentially at these times
-Bullish MACD divergence on shorter candles
-Breaking out or at bottom of support of falling wedge on RSI
-As long as this happens within $8-7.17, it's a good entry point
Please leave any feedback/questions in the comments. If I don't reply it's because I have been having issues replying to comments. Feel free to PM
Lisk - Winter season for $LSKAfter the misunderstood Berlin Meetup last week, where the Rebranding date was announced for February, after which the price dropped 20% , followed today by the BTC reaching a new All-time-high at 9000 USD, we can slowly see a channel forming for LSK, channel that can be easily become a triangle, where the price can start swinging up and down around these levels for the winter months, until better news will come.
There is a potential fundamental news that can change that, this being the release of the Lisk SDK, which is a major milestone on the LSK roadmap. This is supposed to come in December, but there is no confirmation so far.
So, winter season for LSK, the price won’t do much, probably swing from the bottom to the top of the current channel – this can be used for potential small trades, if you need the rush...
1. If you are already in LSK, nothing to do really, except maybe consolidate your position in case it goes to the trend support line.
2. If you need an entry point for a position, look at the two entry points marked on the chart, below the current level, especially for the 70k levels, because of BTC, the price could drop there quickly before going up.
3. We will need a clear confirmation by having a new high, to exactly if we have a triangle or a channel forming. After that you can have clearer first sell targets if you are into swing trading.
4. For longer term targets, I would not sell anything because the SDK and the Rebranding news will most likely shoot up the price in the original uptrend that will go to 2x the current price.
Don’t forget why you are investing in LSK. I’m doing this for the long term, because I believe in the project and because I get to stake my LSK for additional 20% LSK passive income yearly. (LSK being a DPOS coin)
Thanks! If questions, let me know.
Lisk Seems to Continue its Pattern in Reaching New HighsAs shown in the graph Lisk has been on a mid term pattern of reaching the top of shown channel and then dropping near the bottom of it within a 80-85 day average for the average total wave, within this 3rd wave that we are on we have not yet seen Lisk touch or get near the top channel therefor leaving a great room for reward if Lisk does play-out this way. The other, not so likely, way this could play out is by following the new and recent downtrend Lisk has formed but I do not see this happening being that Lisk as a project is only progressing and can see it advancing much further than where they are now.
LSK 4hr and POWR 1hr charts for BTFD members UPDATEDBy Request For BTFD Members
looking at possible formations and speculation on two popular pairs
**redrew Gann Fann from POWR high and redrew the weak support on LSK**
LSK looks to be following the patterns, would wait for clr entry point and when POWR breaks into the 1:1 area possible entry there
more examples pointing towards the 27th Nov being a big movement date for many pairs, up i hope!
Possibly in 2nd wave of new bull cycle for LiskLisk has had a nice ride since March, and has possibly completed a flat ABC correction. Comparing the fractals from the 1st and 2nd wave in March/April with the latest run and retrace after the rebranding dump, it is looking very similar. History does not have to repeat, but with the strong fundamentals of the LISK brand we could currently be in the second wave of the next shot at the moon. Let's see how it plays out. Possible targets would be the 1.618 extension for wave 3 and 2.618 for wave 5, ending around the rebranding date.
2018 Investment Portfolio (Speculative 5x - 10x)I have included all of the following coins in my investment strategy for 2018:
60% GNT (Current Price: $0.213)
22% ADX (Current Price: $1.02)
4% UBQ (Current Price: $1.31)
7% LSK (Current Price: $9.93)
7% EOS (Current Price: $1.91)
My total investment is $10,000 split as noted in the above ratios. The chart above also represents all these coins at the noted ratios!
Here is the reason why I chose each of those coins:
GNT (Golem): As you probably noticed, I have allocated a huge ratio to this coin. I am a strong believer in GNT and they are scheduled to release their "Brass Golem" somewhere within the first or second quarter of 2018. I speculate us reaching $0.7-$1.00 on release of "Brass Golem". If partnerships happen (Maybe with big companies such as Adobe), this coin has a potential to reach $2-$4.
ADX (AdEx): This is an decentralized advertising platform (Similar to BAT) with a very low marketcap of $58M. Their beta platform release is scheduled somewhere within the 1st quarter of 2018. There is a possibility of earlier release somewhere around December of 2017. I have personally gone thru the whitepaper of this project and I like what I see.
UBQ (Ubiq): Small marketcap coin with good potential.
LSK (Lisk): I have been holding Lisk since it was $4... The current price of $9.93 is pretty high, but as a longterm investor I believe it is safe to acquire more as Lisk should be releasing their SDK (Software Development Kit) and Rebrand quite soon. (Date will be announced tomorrow) ...
EOS: Scheduled to launch mainnet somewhere between May and July of 2018. EOS has been very controversial and I like what I see in their whitepaper.
Notes:
EOS pumped from 50 cents last month to $1.91 this month
Lisk pumped from $4 last month to $10.00 this month
It is a good strategy to have an additional $5,000-$10,000 to buy more of these coins if they happen to drop or correct. From an investor's perspective, accumulation of promising projects is the main goal! So having an extra $$ hedge on the side will help you invest more efficiently for maximal ROI.
Again, this is just a speculative portfolio for 2018.
I am not a trading or financial or investment adviser, so invest at your own due diligence and ONLY invest what you can afford to lose.