I was doing some screening for technical patterns and found this chart. Fairly interesting setup, looks like it has good upside with low downside risk. The daily flashed a buy in SPRBTC 4 days ago but weekly will confirm a buy in SPRUSD this week on close, and considering the range expansion and increased volume, something is definitely cooking here. I'm not aware of fundamental developments, but feel free to comment below. For now, I'm just pointing this one out, since the chart is remarkable, upside wise.
Cheers,
Ivan Labrie.
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SPR held support, now might be ready to continue higher:
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2 more days left in the rally. The new fork will go in effect for holders of the coin that had it in a wallet during Jan 31st.
It might lead to further appreciation, but you need to have the new coin added to exchanges, or exchanges recognize your balance in it.
I might sell this one here to be safe, will sleep on it for now. Cheers.
Giao dịch được đóng thủ công
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I'm out.
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Within 6 more days we can buy this back...usd chart can hit like $8. BTC chart could still go higher.
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At resistance, I think sellers jumped in and the move lost momentum. Would have to do homework on the new coin situation.
Hi @IvanLabrie, can you provide an update on Spreadcoin? Seems to be bottoming out. Your input appreciated obviously. Does it make sense to get again onboard at these levels?
UnknownUnicorn1541497
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As usual great analysis. I didnt go in as my exchange doesnt have it.
Could you make an analysis on Tron (TRX)? I wonder what your thoughts are there
IvanLabrie
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@daniel_se, thanks. Let's see...
UnknownUnicorn1541497
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@IvanLabrie, that would be awesome. Thanks for your effort
IvanLabrie
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@daniel_se, Looks like a massive pump and dump bs move. I'd sell into that lunacy and never look back :p
Someone is forking SpreadCoin... this is easily 10x soon...!!!
IvanLabrie
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@LastBattle, thanks for the research! I knew it!!! Something was cooking in the shadows. The chart showed obvious signs of activity and acummulation. You don't just do this for no reason. Someone spent significant amounts of time and money into accumulating coins before the announcement came out. Now wet know why!
LastBattle
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@IvanLabrie, I am thinking 26,650 sat before the first major pullback...
but nevertheless I've taken back my investments today at 16,000 range earlier. Now to let it ride.
LastBattle
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It still have legs to pump straight into 50254 satoshi anyway...