Callisto Network looks very promising, slight momentum change very recently has caused CLO to enter accumulation. Good chance to get in now, still early, big upside.
Callisto Network has many developments recently. Soon on June 15th they will do an Airdrop of their Callisto Enterprise Token to Callisto Token holders in different exchanges and staking wallets. So considering their generous Airdrop 0.05 per Callisto Token I expect this token to fly very soon. Currently, it is on the verge of doing the 5th Wave.
Good luck. Buy and Hold!
Trend Analysis
After the halving on currento month:
🔺 the Callisto inflation is effectively extremly reduced
🔺 the Orderbooks are now depleted on buy direction
🔺 no sell wall below 20 sat is visible on the three major exchanges Bitfinex, HitBtc and Stex
Fudamentals
Key points for CLO in 2020:
🔺Cold Staking Update
🔺Governance System
🔺Listing of CLO EOS...
Callisto has broken the last slope, due Bitcoin fall and the price meet a major solid trendline that track the triangle.. bouncing on it!
The price is charging as a spring, compressing on the triangle, to have force to break the big resistance above.
Usually uptrend triangle statistically breake the main resistance about at 2/3, so we are on the way.
Gann analys aiming for 23SAT as the next resistance from where it can build up strength to further highs
Conditional entry: closing 2 bars @1D TF , 16SAT
