blockmas

OST, long-term Altcoin investment

Long
BINANCE:OSTUSD   None
In the next months, due to the probability of a bullish break out in the capitalization of the token market, investors who have still not done it should prepare or actualize their long-term blockchain investments.

Apart from the short-term aspects in the next months, 2020 recession could expand the capitalization of the token market, being an alternative investment vehicle from traditional markets, for institutional investors.

As we are going to explain here, big institutional investors very probably have already invested in OST.

The financial-political system will be tokenized in the next years. There are companies, like OST.Com Ltd (Simple Token), that impulse the tokenization of parts of the system, in this case, of one of the most important aspects: tokenization of businesses. In a crash of the actual fiat monetary system, this process is going to be quite important.

Simple Token allows big businesses to issue their own tokens in an intuitive and professional platform with OST KIT without the millionaire technical investment that could be affronted outside their full solution. They have already have partnered with several 9 figures companies.

Their team, led by Jason Goldberg, has been transparent and absolutely brilliant since the beginning, so there is more probability that will keep being in that case in the future.

They have also taken the decisions they promised, as the launch of OST KIT, OST VIEW & OST KYC. They purchased the domain 0ST.Com, an XXX.Com with a value of more than $300K, a demonstration of a serious and experienced team in internet entrepreneurship that understands the crucial importance of this details.

Institutional Investors Are Entering

In this new market is very easy to watch institutional investors entering in assets.

  • The 6 of August of 2018, the daily volume in OST was $380K; one day later, the 7 of August, the daily volume was $25M, a 6.500% increase.

The 24 of September of 2018, the daily volume was S690K, one day later, the 25 of September, the daily volume was $90M, a 12.900% increase in 24h.

Is very probably that blockchain funds are entering in OST due to the same positive reasons we are talking here.

Techinical Information


Max market cap: $228M

Today market cap: 21M

Historic high: 1.17-1.30

Actual price: 0.051

Last month: +104% (0.025-0.051)

Total supply: 800M

Circulation: 436M (circulation decreases over time)

Technical analysis

In the weekly graphic, the RSI is bullish, at 44. The bullish trend very probably will start when RSI cross 50-53.

In the daily graphic, we can see a trend starting bullish movements, the RSI is at 53 and we had a +100% price increase in the last 3 months. MM210 is bearish and MM70 is bullish, being the traditional lateral trend (Stage 1) that precede Stage 2, the bullish one. The most probable scenario will see the price arriving at 0.12 support and then 0.30 resistance in the next months if the market capitalization breaks up bullish.

All depend on the token market capitalization. If in the next months is bullish, OST is going to be more bullish than the medium altcoin. If it breaks down, then OST will imitate it.

If the trend is not bullish in the next months it could start in 2019-2020, and OST is a very quality token to hold in the long-term.

Strategy

Enter at market price.
Not SL/ SP.
Hold very-long-term in ERC-20 wallets.
Invest less than 1% wallet loss.

Disclaimer

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