Not much is going on, on the market but we have found an interesting opportunity to invest.
First of all, it has to be safe. It means there is no much room to drop and massive potential for growth.
Such a situation is described as a profit/loss ratio.
When comparing the current price to ATH , we can make $600 from $100 dollars invested. It gives us $500 profit. Comparing it to All Time Low ( ATL ) we can lose only $16.
So let’s do the math: 500/16 *100% = 3125%
This is actually the second biggest profit/loss ratio of the coin which we have ever analyzed.
So here are details:
• Very low at Fibonacci scale
• Profit/loss ratio 3125%
• Since mid-Sept stable uptrend and since October 12th uptrend is getting stronger
• positive convergence
• – stable pressure on the price since the end of August
• – today’s bar crossed TenkanSen – good
• Weis – evaporating supply. Still needs a bit more of demand.
So that’s it!
Within weeks it will turn out whether it is still sleeping or it wakes up.
Anyway this is very very safe and stable.
Thank you for all your comments and likes!
Be patient and don’t lose your temper. We are on the verge of seeing the light. The light of bull run.
Future is bright .