Today we are focusing more on .
Another interesting project which is very low at Fibonacci scale and has been slowly but surely growing since the middle of September 2018.
On the weekly chart, we can see a massive which is actually good and sign.
It took the price over 8 months to jump out of the .
After that, we had a couple of weeks of stability and in the middle of September/beginning of October, we had a nice bounce up.
Since then the price has been growing stable. Everyone that invested in at around 100 st has right now 100% profit.
Is it still worth to jump in? Of course.
- The price crossed all the EMAs (9, 21, 50, 100) which is very healthy.
- We can now observe that the current up-trend has even speeded up in the middle of October (5 vs 15 degrees).
- On we can see positive divergence at first and then positive convergence which assured us that overtaking nature of really works.
We have now positive divergence which is another good news.
- And the most important thing we have a great profit/loss ratio on this trade.
We shouldn’t fall below 107 st (set stop-loss at this level) so there is not much space to fall.
On the other hand, there is a lot of room to grow. Even to 1837 st which makes in total great profit/loss ratio 1746%.
So Guys. Are you in? Do you have this coin on your radar?
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