Bitpanda Ecosystem Token (BEST)
This simple analysis shows bullish breakout potential for Bitpandas Exchange Token (BEST).
+ Weekly RSI and MACD indicators both show a very strong bullish divergence.
+ After hitting the 0.236 the 0.382 Fibonacci retracement, price is building support in an Adam and Eve formation around the green 0.5
+ A breakout out of the...
Bitpanda Ecosystem Token (BEST) upgraded to BEST 2.0
This analysis compares BEST 1.0 Structure with BEST 2.0 Structure and shows a potential dollar cost average zone for a reduced risk long entry.
BEST is due to so-called token burns a deflationary designed token of the Bitpanda Broker:
MAX: Initial Mint 1,000,000,000 (April 2020)
TOTAL: Down to a Total Supply...
In this link you can find all the related information about the tokenburn. Overall ~ 11.000.000 tokens were burned (thats about 2% of the current circulating supply and 1% of the overall supply) and new features for BEST were added.
blog.bitpanda.com
This tokenburn event will now continue evey three months until 50% of the total supply is burned.
The chart shows...
According to my previous analysis Bitpands own Ecosystem Token broke out, due to the earlier release of the the first Token burn on 30.01.2020 in the coming week as well as the announcement of new perks/features for BEST holders, next to the high fee reduction bonus.
If the actual high is really in there is huge support at 0.0655 € . If this is an impulsive wave...
I want to share some thought and knowledge about the Bitpanda Eco System Token (BEST).
Many people may have heared about the austrian AML5 registered Broker Platform of bitpanda.
Fewer people have heared of their new Global Exchange yet but volume keeps increasing.
The price of BEST dropped from IEO prices between 0.08-0.1€ down to 0.05 where somebody now put a...
