stefanjo

Substratum cup and handle?

Long
stefanjo Updated   
BINANCE:SUBBTC   None
The first 3 arrows are the 3 biggest days of volume before a run up of 1120% and then a retracement down to 3700 satoshi at its lowest.
23 November USA bans net neutrality and substratum sees a runup of 49%
The price actions fit the storyline of a product that was due to release in january, but got delayed due to improvements they could do to the code.
The team is very open and transparent and recently announced a huge announcement for next week. They have weekly updates and SUBLOCC meetups with fans.
Friday the 17/03 they will release their next big announcement.
This is a long hold position because I believe in the team and fundamentally in the project.




This is not investment advice, always DYOR.

Comment:
Update:
Looks like we had a symmetric triangle before a possible flag.
gyazo.com/6ca0135c29...0bca90975600890c1719
Comment:
Still following the Cup and handle, more and more beta testers are getting their hands on the product and we're not many weeks away from public beta release.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.