ersin1905ua

Short term call on CDT

Short
BINANCE:CDTETH   None
I bought CDT today at 0.00009100 and sold it at 0.00009700. The support lines are very strong and it didn't break out once. Looking at the volume in the last days, I foresee that CDT shall break the upper support line. After the first profit, I aim to buy back a bag of CDT at 0.00009150. I will aim for a 15% profit. The volume is key here. The decreasing trend was due to a lot of CDT being sold, as you can see in the volume bar.

On the other hand, if it falls below the second support line, I will add a small bag.

As you can see on the Blox Twitter account (twitter.com/Blox_Official) the buying started after the update on their Android app. On the long run, I foresee a stable position of Blox due to the high likely increasement in demand for crypto asset management. However, I focus on a very short term investment here. I hope that I can see Blox with 15% profit in 24 hours.

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