IdeasTrading1
Long

Detailed Substratum Play (GET IN EARLY)

BINANCE:SUBBTC   None
Hi All,

Substratum is looking like one of those great plays to get into for the month as F.A is strong and should be able to carry it's legs.


-Broader targets of 69 -7.6k satoshis can be run.
- However, due to the beastly project, fomo & extension could take it high as 10k. Or 100% return from it's current price.

Confluence can be found in the regions mentioned above.

-Support zones are from 5.5k up to 4.9k.

Patience is required for this one. Details In Chart
Please update. Idea seems to be working for me.
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Volumes seem to be a little lacking IMO. I'm in sub since 4.6k sats and I'm not too pleased with the volume, doesn't seem very breakout worthy.
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IdeasTrading1 TrickOrTrade
@TrickOrTrade, Hey brother - congratulations for getting in early. You should be in good profit by now. I agree that the volume isn't technically huge, but the alt coin market is not booming with volume in general right now. Yes the top 5-8 coins on binance might be, but from there on out it's low.

However what we have been seeing is this total trade volume flush from coin to coin in a very cyclical manner lately, upon F.A / news events taking place.

This is why I labelled 'get in early' because it is still early. 10 days is a lot for the impatience of the crypto mass - vol. is likely to come in closer to the time.

In direct contrast to your comment - vol. moving into a low vol. coin is the prime circumstances for a breakout.
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TrickOrTrade IdeasTrading1
@CryptoShadow, "However what we have been seeing is this total trade volume flush from coin to coin in a very cyclical manner lately, upon F.A / news events taking place. " Couldn't agree more. I've recently allocated a small % of my portfolio to trading on FA/news based and struggling with it. How do you keep track of news and different coins?


As for BAT, my previous comment didn't reflect this, but I think we're still in the accumulation phase for this coin. Volumes, albeit 'low', are almost 2-3x what they were a month ago.
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IdeasTrading1 TrickOrTrade
@TrickOrTrade, Basically, I am primarily a scalper but I'm starting to move towards F.A plays to. I keep track of them by interacting with the general twitter community + checking coincalendar etc. The main thing here is absolute patience, which Is also ongoing training for me. Being online a lot also helps.

Yup, I agree. @TrickOrTrade I also run a community of traders / cryptocurrency heads on telegram which I can invite you to, if you are looking for somewhere to integrate into.
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TrickOrTrade IdeasTrading1
@CryptoShadow, yes please. That sounds great. Will dm you my telegram id.
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