Rise is another blockchain platform coin, which has an interesting proposition for its coin hodlers :)
For every project that the Rise dev-team assists, coinholders receive 20% of the new projects coins. Currently they say to have 4 projects lined up, of which two are openly announced (interlet an Airbnb competitor and Chipz an online casino).
From a technical perspective we have broken a falling resistance line and shifted to a more horizontal modus. Also notice the RSI that has broken upward out of a descending triangle. Also RSI has given us flat bottems when price bottems were still dropping, so we also have some form of bullish divergence!
Trade plan: wait for Rise to overcome horizontal resistance around 0.000091, then buckle up and enjoy the ride :) This coin is barely in the top 100 market cap, so plenty potential !
For every project that the Rise dev-team assists, coinholders receive 20% of the new projects coins. Currently they say to have 4 projects lined up, of which two are openly announced (interlet an Airbnb competitor and Chipz an online casino).
From a technical perspective we have broken a falling resistance line and shifted to a more horizontal modus. Also notice the RSI that has broken upward out of a descending triangle. Also RSI has given us flat bottems when price bottems were still dropping, so we also have some form of bullish divergence!
Trade plan: wait for Rise to overcome horizontal resistance around 0.000091, then buckle up and enjoy the ride :) This coin is barely in the top 100 market cap, so plenty potential !
Comment:
As warned above support was (too) speculative.. in the mean time we HAVE found support.. it is not rising but horizontal, see below. I will now only update if the original tradingplan gets triggered.
In fact tradinplang is still valid, should we find support here.. below drawn support line is very speculative atm!!