In the last 2 months OvOa demonstrated it's potential to overperform or keep in pace with BTC even in the most bullish times, suggesting it could be a nice hedge position to take. Even so if it's possible to get to the LONG position at 0.040-0.045 BTC/OvOa with potential target at 0.075, and stoploss at 0.0375.
Given good upwards dynamics since the inception and current upward trend we can expect OvOa would be able to break and keep above the resistance zone at 2000 in the upcoming days.
OvOa is linked to ETH, it's price depends on Ethereum and Bitcoin price dynamics as well, and if Ethereum would not be able to keep $1000 level we can expect correction on OvOa.
OvOa demonstrates a good upward dynamics since inception. Despite heavy selling pressure in the last few days it was able to stay above the important 1.30 support level. In case it break up and closes above 1.50 resistance zone it seems like a good LONG position.
Potential swing trade setup:
- LONG entry at ~1.40 additional entry at ~1.30, SL 1.25
- 1.80 partial...
just a litle trend exercise.... probably not, but... who knows
Next buyback will be hitting on DEC. 15th
Data taken From: andr3.gitbook.io
Blockchain: ETHEREUM ERC-20
Token Contract: 0x96dd2c778fb281294fa9c1d2b8af3b47369306f2
Total Supply: 1,000,000 OvOa
Circulating supply (on Dec. 6th): 1.791,3 OvOa
Nature: Central-controlled deflationary...
A techinical and fundamental bullish analysis of TheOvORide series A on uniswap: info.uniswap.org
Both good buying pressure and The next buyback schedulled to December 5th
Its hard to say there is no good spot to buy that tokens because both fundamentals and technicals are in ouw side.
More info about the...
This is something...
the token allows CEX (Bybit in the case) to regain the Market-Making scenary bring back funds from DeFI to their exchanges
the investors can farm a faster, more profitable marketmaking strategy than yield farming on DEX. Instead of paying fees, CEX like bybit are PAYING 0.025% for marketmaking service providers.
more details on...