LISK (LSK): Bull Impulse or a Bear Flag? by haejin

View this thread on steempeak.com
lisk · @haejin ·
$233.54
LISK (LSK): Bull Impulse or a Bear Flag?
<center>![](https://steemitimages.com/DQmWPk9pGawtxkJQ11KtjmsDaJ4Nnz84ggyRCdVJsq6f8TZ/image.png)</center>
--

**SUMMARY**

Lisk (LSK/USD) made a beautiful five wave up last year (white) while also making a classic symmetrical triangle consolidation (blue) before moving up. The resulting ABC correction seems to be complete as well given that the red C waves has five distinct subwaves (blue). 

![](https://steemitimages.com/DQmTjBZRALPSVci725CDUH2rwFXHUybm8tGSpucQAi5i65W/image.png)


The rise since the likely bottom of wave red C is occuring in a channel. This is usually indicative of an impulse status. The white 1,2,3,4,5 shows that 3 is still in progress. Could this channel also be called a bear flag? Yes. After wave 5 completes, there will be the requisite retracement whic will likely correct 0.5 to 0.618 of the rise; hence fulfilling the bear flag pattern. Look at the MACD...does it look like it's in a crash mode or breakout mode? Would you be taking buying or selling actions?
![](https://steemitimages.com/DQmbNeiHxWThp82rzYxkZi31xHKBThoqtNJ26dRDxnze1Xr/image.png)



**Legal Disclaimer**: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes. </center>


Please consider reviewing these Tutorials on:
[Elliott Wave Counting Tutorial #1](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin)
[Elliott Wave Counting Tutorial #2](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-video-2-zig-zag-and-flat-corrections-how-to-recognize-and-label-corrective-waves)
[Elliott Wave Counting Tutorial #3](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections)
[Laddering](https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder) and [Buy/Sell Setups](https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial). 
[Laddering Example with EOS](https://steemit.com/bitcoin/@haejin/eos-target-usd3-22-analysis-update-live-real-time-laddering-example-you-don-t-want-to-miss-this)
[Tutorial on the use of Fibonacci & Elliott Waves](https://steemit.com/bitcoin/@haejin/tutorial-on-the-use-of-fibonacci-ratio-and-elliott-waves)
[@haejin's Trading Nuggets](https://steemit.com/bitcoin/@haejin/haejin-s-trading-nuggets-all-learned-through-tonnages-of-failure-experiences)
[Essay: Is Technical Analysis a Quantum Event?](https://steemit.com/bitcoin/@haejin/essay-is-technical-analysis-a-quantum-event)

Follow me on [Twitter](https://twitter.com/Haejin_Crypto) for Real Time Alerts!!
Follow me on [StockTwits](https://stocktwits.com/HaejinCrypto) for UpDates!!
--
--
<center>https://steemitimages.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif



<center>https://steemitimages.com/0x0/https://s1.postimg.org/231h83mh7z/U5drx_NFe_Q4_Nn_YGEb9rq2_V47_X6_Yk_AQsm.gif</center>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 287 others
👎  , , , , , , , , , , , , ,
properties (23)
post_id45,770,712
authorhaejin
permlinklisk-lsk-bull-impulse-or-a-bear-flag
categorylisk
json_metadata"{"links": ["https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin", "https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-video-2-zig-zag-and-flat-corrections-how-to-recognize-and-label-corrective-waves", "https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections", "https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder", "https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial", "https://steemit.com/bitcoin/@haejin/eos-target-usd3-22-analysis-update-live-real-time-laddering-example-you-don-t-want-to-miss-this", "https://steemit.com/bitcoin/@haejin/tutorial-on-the-use-of-fibonacci-ratio-and-elliott-waves", "https://steemit.com/bitcoin/@haejin/haejin-s-trading-nuggets-all-learned-through-tonnages-of-failure-experiences", "https://steemit.com/bitcoin/@haejin/essay-is-technical-analysis-a-quantum-event", "https://twitter.com/Haejin_Crypto", "https://stocktwits.com/HaejinCrypto"], "format": "markdown", "app": "steemit/0.1", "image": ["https://steemitimages.com/DQmWPk9pGawtxkJQ11KtjmsDaJ4Nnz84ggyRCdVJsq6f8TZ/image.png"], "tags": ["lisk", "money", "cryptocurrency", "blockchain", "altcoins"]}"
created2018-04-28 01:18:09
last_update2018-04-28 01:18:09
depth0
children13
net_rshares37,111,195,397,681
last_payout2018-05-05 01:18:09
cashout_time1969-12-31 23:59:59
total_payout_value181.498 SBD
curator_payout_value52.040 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length3,503
author_reputation9,120,108,393,559,116
root_title"LISK (LSK): Bull Impulse or a Bear Flag?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (365)
@cryptosuf ·
$0.10
@haejin can you please do ZCL/USD
Zclassic when you get the chance?
👍  
properties (23)
post_id45,771,424
authorcryptosuf
permlinkre-haejin-lisk-lsk-bull-impulse-or-a-bear-flag-20180428t012431775z
categorylisk
json_metadata"{"app": "steemit/0.1", "users": ["haejin"], "tags": ["lisk"]}"
created2018-04-28 01:24:33
last_update2018-04-28 01:24:33
depth1
children2
net_rshares16,376,063,680
last_payout2018-05-05 01:24:33
cashout_time1969-12-31 23:59:59
total_payout_value0.078 SBD
curator_payout_value0.023 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length67
author_reputation905,037,692,151
root_title"LISK (LSK): Bull Impulse or a Bear Flag?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@researchgeek · 
Zclassic is a pump and dump brother, wouldn't risk that. The team even gave a warning. @haejin

https://steemit.com/cryptocurrency/@researchgeek/to-all-zclassic-holders
👍  
properties (23)
post_id45,772,421
authorresearchgeek
permlinkre-cryptosuf-re-haejin-lisk-lsk-bull-impulse-or-a-bear-flag-20180428t013343667z
categorylisk
json_metadata"{"links": ["https://steemit.com/cryptocurrency/@researchgeek/to-all-zclassic-holders"], "app": "steemit/0.1", "users": ["haejin"], "tags": ["lisk"]}"
created2018-04-28 01:34:00
last_update2018-04-28 01:34:00
depth2
children0
net_rshares540,952,794
last_payout2018-05-05 01:34:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length168
author_reputation9,096,805,076,605
root_title"LISK (LSK): Bull Impulse or a Bear Flag?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@minnowboosted · 
> @elsiekjay: Whatever happened to freedom of expression?

@Haejin took that away from you!!!
Because he has flagged so many accounts.
properties (22)
post_id45,775,201
authorminnowboosted
permlinkre-cryptosuf-re-haejin-lisk-lsk-bull-impulse-or-a-bear-flag-20180428t020142445z
categorylisk
json_metadata"{"app": "steemit/0.1", "users": ["elsiekjay", "haejin"], "tags": ["lisk"]}"
created2018-04-28 02:01:45
last_update2018-04-28 02:01:45
depth2
children0
net_rshares0
last_payout2018-05-05 02:01:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length134
author_reputation-653,966,580,970
root_title"LISK (LSK): Bull Impulse or a Bear Flag?"
beneficiaries
0.
weight500
accountminnowsupport
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@researchgeek · 
Great analysis. I think Lisk is definitely a great long-term hold. @haejin
properties (22)
post_id45,772,948
authorresearchgeek
permlinkre-haejin-lisk-lsk-bull-impulse-or-a-bear-flag-20180428t013900012z
categorylisk
json_metadata"{"app": "steemit/0.1", "users": ["haejin"], "tags": ["lisk"]}"
created2018-04-28 01:39:06
last_update2018-04-28 01:39:06
depth1
children1
net_rshares0
last_payout2018-05-05 01:39:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length74
author_reputation9,096,805,076,605
root_title"LISK (LSK): Bull Impulse or a Bear Flag?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@minnowboosted · 
> @elsiekjay: Whatever happened to freedom of expression?

@Haejin took that away from you!!!
Because he has flagged so many accounts.
properties (22)
post_id45,775,238
authorminnowboosted
permlinkre-researchgeek-re-haejin-lisk-lsk-bull-impulse-or-a-bear-flag-20180428t020204956z
categorylisk
json_metadata"{"app": "steemit/0.1", "users": ["elsiekjay", "haejin"], "tags": ["lisk"]}"
created2018-04-28 02:02:06
last_update2018-04-28 02:02:06
depth2
children0
net_rshares0
last_payout2018-05-05 02:02:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length134
author_reputation-653,966,580,970
root_title"LISK (LSK): Bull Impulse or a Bear Flag?"
beneficiaries
0.
weight500
accountminnowsupport
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@rakeshsjaky · 
Good, graph is knowledge
properties (22)
post_id45,775,487
authorrakeshsjaky
permlinkre-haejin-lisk-lsk-bull-impulse-or-a-bear-flag-20180428t020414145z
categorylisk
json_metadata"{"app": "steemit/0.1", "tags": ["lisk"]}"
created2018-04-28 02:04:18
last_update2018-04-28 02:04:18
depth1
children0
net_rshares0
last_payout2018-05-05 02:04:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length24
author_reputation140,892,828,816
root_title"LISK (LSK): Bull Impulse or a Bear Flag?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@mrglowz ·
$0.44
PLEASE AM NEW TO STEEMIT AND HAVE NO IDEA OF WHAT YOUR TALKING ABOUT, CAN YOU PLEASE HIGHLIGHT ME?
👍  , , , , ,
properties (23)
post_id45,775,979
authormrglowz
permlinkre-haejin-lisk-lsk-bull-impulse-or-a-bear-flag-20180428t020910365z
categorylisk
json_metadata"{"app": "steemit/0.1", "tags": ["lisk"]}"
created2018-04-28 02:09:15
last_update2018-04-28 02:09:15
depth1
children1
net_rshares70,263,818,486
last_payout2018-05-05 02:09:15
cashout_time1969-12-31 23:59:59
total_payout_value0.344 SBD
curator_payout_value0.094 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length98
author_reputation-1,220,862,254,059
root_title"LISK (LSK): Bull Impulse or a Bear Flag?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (6)
@dave19428 ·
$0.03
It's all on record.  If you can use a library you can go back and start at the beginning.  The only downside.... it requires the investment of your mind and your time.
👍  ,
properties (23)
post_id45,779,324
authordave19428
permlinkre-mrglowz-re-haejin-lisk-lsk-bull-impulse-or-a-bear-flag-20180428t023903509z
categorylisk
json_metadata"{"app": "steemit/0.1", "tags": ["lisk"]}"
created2018-04-28 02:39:06
last_update2018-04-28 02:39:06
depth2
children0
net_rshares5,096,520,223
last_payout2018-05-05 02:39:06
cashout_time1969-12-31 23:59:59
total_payout_value0.026 SBD
curator_payout_value0.003 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length167
author_reputation-9,598,916,685
root_title"LISK (LSK): Bull Impulse or a Bear Flag?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@mycryptostalker · 
LSK is a proyect that needs to have a close look, has lots of potential.

#DYOR and always always use stop/loss

![Money tree edit2.jpg](https://steemitimages.com/DQmWiSnGvL7H2x954o6hMk9ihSxsPGETdSiyaVTcRMznk1C/Money%20tree%20edit2.jpg)
properties (22)
post_id45,787,620
authormycryptostalker
permlinkre-haejin-lisk-lsk-bull-impulse-or-a-bear-flag-20180428t035608681z
categorylisk
json_metadata"{"app": "steemit/0.1", "image": ["https://steemitimages.com/DQmWiSnGvL7H2x954o6hMk9ihSxsPGETdSiyaVTcRMznk1C/Money%20tree%20edit2.jpg"], "tags": ["lisk", "dyor"]}"
created2018-04-28 03:56:12
last_update2018-04-28 03:56:12
depth1
children0
net_rshares0
last_payout2018-05-05 03:56:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length236
author_reputation930,869,688,703
root_title"LISK (LSK): Bull Impulse or a Bear Flag?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@teenovision · 
finally arrival of bull run we all were waiting for this day
properties (22)
post_id45,798,110
authorteenovision
permlinkre-haejin-lisk-lsk-bull-impulse-or-a-bear-flag-20180428t053429133z
categorylisk
json_metadata"{"app": "steemit/0.1", "tags": ["lisk"]}"
created2018-04-28 05:34:33
last_update2018-04-28 05:34:33
depth1
children0
net_rshares0
last_payout2018-05-05 05:34:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length60
author_reputation1,281,674,600,435
root_title"LISK (LSK): Bull Impulse or a Bear Flag?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@butiger · 
as a project begin since 2016，website coincheckup‘s Technical Analysis give  a SELL recommend，should i worry about it？
properties (22)
post_id45,828,792
authorbutiger
permlinkre-haejin-lisk-lsk-bull-impulse-or-a-bear-flag-20180428t101058365z
categorylisk
json_metadata"{"app": "steemit/0.1", "tags": ["lisk"]}"
created2018-04-28 10:11:03
last_update2018-04-28 10:11:03
depth1
children0
net_rshares0
last_payout2018-05-05 10:11:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length118
author_reputation0
root_title"LISK (LSK): Bull Impulse or a Bear Flag?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@bitcointravel ·
$0.41
looking bulish to me
👍  ,
properties (23)
post_id45,838,457
authorbitcointravel
permlinkre-haejin-lisk-lsk-bull-impulse-or-a-bear-flag-20180428t113754183z
categorylisk
json_metadata"{"app": "steemit/0.1", "tags": ["lisk"]}"
created2018-04-28 11:37:57
last_update2018-04-28 11:37:57
depth1
children0
net_rshares65,092,211,894
last_payout2018-05-05 11:37:57
cashout_time1969-12-31 23:59:59
total_payout_value0.314 SBD
curator_payout_value0.098 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length20
author_reputation1,242,923,629,151
root_title"LISK (LSK): Bull Impulse or a Bear Flag?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@sniper555 ·
$0.14
LISK  is perfect Cryptocurrency & great project.
👍  
properties (23)
post_id46,021,727
authorsniper555
permlinkre-haejin-lisk-lsk-bull-impulse-or-a-bear-flag-20180429t141443941z
categorylisk
json_metadata"{"app": "steemit/0.1", "tags": ["lisk"]}"
created2018-04-29 14:14:48
last_update2018-04-29 14:14:48
depth1
children0
net_rshares21,767,077,775
last_payout2018-05-06 14:14:48
cashout_time1969-12-31 23:59:59
total_payout_value0.136 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length48
author_reputation1,871,639,586,369
root_title"LISK (LSK): Bull Impulse or a Bear Flag?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
Help/Feedback