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Dangermousebanana
Mar 16, 2022 10:08 AM

CSPR - a compelling entry point !! Long

CSPR / Tether USDHTX

Description

Price seems to find a support at around five and a half cents (which was the all time low).

There is a strong positive divergeance on the RSI relative to the price: price has been declining, RSI is clearly on the rise.

Historic volatility is very low at the moment. There is a volatility funnel that must resolve: my bet is clearly to the upside.

This is a very solid layer 1 project.

The valuation is as cheap it can get.

Not financial advise but I have been buying heavily between 0.05 and 0.06 $.

Trade active

Price is now rapidely moving to the upside !
Seems to have found a bottom at ATL.
You do not want to miss this one, once volatility breaks out to the upside !!

Trade active

I am so happy that I went heavy on Casper around the 0.05 to 0.06 $ level !
Price has risen rapidely taking out some key resistance at the 7 cent level !
Moreover, what makes me think that the medium term (perhaps long term) botton is in is that HISTORIC VOLATILITY FUNNEL has been broken up to the upside !!
The run could just have started !!
Comments
djulz
I like the colors of the range in May & June
SLAVA UKRAINA!
Dangermousebanana
@djulz, those colors are not meant to be a political statement, but I wish the best to your people.
Tradermariano
Thanks dangermouse! Just scooped up some casper - Binance listing should be a matter of time
Dangermousebanana
@Tradermariano, welcome !! You are in profit already !! Cheers !
Tradermariano
@Dangermousebanana, Thanks! What are your targets? Would be nice to put the coins into staking but does not look enabled yet
ianambrown
@Tradermariano, Staking is indeed available at cspr.live
Dangermousebanana
@ianambrown, 11% APY
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