Substratum has been moving sideways for the last few weeks, but it seems to be testing new levels. The MA50 and MA100 are serving as support for the price around 8500.
MACD also shows a bullish crossover to further support this move.
If it breaks resistance, I expect it to probe the 10k.
Substratum had a crazy rally and from what it looks like, is in the accumulation phase. Watching fib support and MACD closely to see what it does next, but I believe it is a sleeping giant which is ready for another rally. Price is sitting above the ichimoku cloud which is also good. BBands are squeezing which also points towards accumulation.
For January, the...
Some ideas where I think Substratum will potential go over the next few weeks/months. A lot of good stuff to come from this project including the Public Beta followed by a product release if successful.
I'm hodling and not trading this one, but a good entry point could be when/if we break the pennant that's forming right now. I expect this to retrace at some...
TA: SUBBTC is forming an ascending triangle that has tested and held the support line several times already.
FA: It is a promising, relatively low market cap with a solid team in a space that has been seeing a lot of headlines as of late. The alpha tests have been nothing short of spectacular, there is an open beta next month, bittrex soon, and a coin burn...
We are a few days a way from the fork. Expect many coins to start picking up steam. It is good to be in before the herd is. My current favorite ones to be in right now is Omisego, Substratum, XRP, and Neo. There are no particular order. However, I am excited to see where Omisego will be going as it has been the only one that been on a downtrend with no uptrend...
