I have this coin on my watchlist for two months, a member wrote me a message with the request to make an analysis. So I do..
Classic structure of coins on the bottom ready to rise to previous highs + active and good development = is our basis!
MACD: Is hunching up
RSI: Is rising
STOCH: Is rising very strong
Our indicators do the same like on the 1d chart except the STOCH! It isn't rising as clearly as on . We earned a +4,21% today this doesn't influence our weekly chart noticeably at this point.
As you can see on the we are just in the beginning, so it's usual.
0.00001500 - 0.00002400
Targets via fibonacci
1 | 0.00004426
2 | 0.00007222
3 | 0.00009482
4 | 0.00011742
5 | 0.00014960
6 | 0.00019058 | old all time high
7 | 0.00030894 | fib. extension 161.8
I do not expect to reach the higher targets soon.
This trade is for middle to long term.
The coin is on the bottom so your risk is low but the profit potential really high.
Our targets are orientated on the previous high levels. We had two really high peaks.
You can go in without risk and can expect profits BUT ONLY with patience. Like in the most cases.
Relax & keep calm, hold and sell for profit :)