Reinsurance is the process of one entity (the reinsurer) taking on all or part of the risk covered under a policy issued by an insurance company in consideration of a premium payment. In other words, it is insurance for insurance companies.
Uno Re claims to be the first reinsurance risk-trading platform in the world. Blockchain will change everything they say,...
UNO/USDT gave a lot of profits already from our previous chart. It not looks like it can consolidate some in the bullish channel it broke back into. If so it can eventually break up and test the top of the channel within the 0.50 -0.60 USDT ranges before recovering heavily. I drew in a likely scenario on the price chart and RSI if UNO was to continue. Currently...
If UNO closes over the 50 ema it was push hard to as high as 0.50 usdt and more. This could be extremely rewarding scenario, anticipating more volume for the very low Marketcap token
Looks like wave 3 complete and waiting on wave 5.
Fundamentals on this one strong, but a token unlock is on the horizon at the end of August. From what I understand the unlock is spread over several months and happens once a week which should hopefully ease the dumping. Hoping to get this 5th wave in before the unlock.
Here's one I picked up on a whim some weeks ago. A case where the absurd Ethereum fees actually helped me as I was going to sell during that accumulation, before Kucoin listing, but the fee at the time to sell was over $500 so I decided to hold on. Lucky I did as price has pumped significantly from the bottom.
Uno is an insurance platform for insurance...
