darkpiggie
Long

ascending triangle for cnd/btc, testing resistance

BINANCE:CNDBTC   Cindicator / Bitcoin
CND/BTC is testing 0.00000088 resistance.
This value has been touched multiple times.
The more it is tested, higher the chances of breaking it.
This coin has a history of big pumps out of nowhere. With big wicks of 60+% in one day.
Many alts with low cap behave the same for obvious reason.
Although it's a low cap, the project has a decent reputation. For those who haven't heard about it, it's an AI driven app, which predicts the market trends.
The fundamentals are bright , but I prefer to look at the technicals mostly.
So a breakout with VOLUME of the resistance could initiate a new uptrend.
Trading coins with low cap is always riskier, so do your own research before you trade/invest into anything.
This post is for educational purpose only, not a financial analyst.

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