chachakawooka

Fall from grace but upside potential could be huge (23,000%)

Long
chachakawooka Updated   
KUCOIN:CSETH   None
From top 50 to rank 997

Credits $CS demise has been a hard one plagued with missed deadlines, bad communication, and bugs looking at the a downward trend you may scream "going to zero". But the biggest gains are made by going against the market

Now sitting amongst s*** coins with no purpose, Credits has a team with 3000ETH, a working main net, 3 WIPO patent submissions, a agreement for a regulated NEO bank and a TPS to challenge Solana so it is hardly comparable to BabyDogeLovesElon2.0NudeCoinXXX

So its if it dying its not now, its looks like its just needed some time critical care. We have seen this same collapse and revival with HOLO (HOT)

A slight uplift in daily volume suggests maybe we are at the bottom and should move out of the downward channel. A push out of here along gives a 240% to 550% potential gain in the short term

However the next ALT season brings moves not just against Bitcoin but also Ethereum as they both ate heavily into market share since 2017

So could a redress happen could $CS pull back an epic 23,000% and take its seat back amongst the big dogs?
Comment:
Bullish Pennant is on CS/ETH & SC/BTC which could see 50% up in the next couple of days

That would also push us into outside of the current channel against USDT giving more gains in the medium term
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