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Senturko
Sep 5, 2020 8:05 AM

Origin Trail (TRAC) Possible Mid Term Hold Idea Long

OriginTrail / BitcoinKuCoin

Description

Origin Trail is supply chain tracking and allows for data transfer from business to business in a secure, trust-less manner. It is similar to VeChain, but the tokenomics are better than VeChain.

Market Cap

Origin Trail has a market cap of 50m, vs VeChain's market cap of 1b.

Trade active

Trade active

Trade active

Comments
faXcooL
Thanks for sharing this idea, it's really refreshing to see TRAC analysis on TW after long time! Keep 'em coming!
caroleg
whereislucas
seems like it was playing out just fine until the dowjones had to go down and mess things up.
Senturko
@whereislucas, As you may also know, charts are not set rules and they might change after a weird move of Bitcoin that can happen anytime; especially in these volatile days. So you need to come back adjust your chart always as thigs change. This is actually true for every other single chart on TradingView; they can change anytime depending on the move of Bitcoin and Bitcoin depends on the move of the related other markets. But still, Origin Trail got very strong support from the 1400 Satoshi zone as can be seen on the chart also and now it is bouncing back. Still, I will not trust on this move and will not enter a position unless it breaks 2500 Satoshi zones with volume. Let those profits go away it doesnt really matter. There is much more room to go if it breaks that 2500 Satoshi zone with volume.
whereislucas
Thanks for posting about TRAC! I have never learned or heard about the three white soldiers candle pattern.
mhartitz
@whereislucas, FWIW the opposite pattern is called 3 black crows
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