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Position name : EVX BTC
Coin /token info : Everex is a blockchain-based capital transfer system that aims to enable and ease the financial inclusion of unbanked, or underbanked people around the world.
Everex proposes the Cryptocash, a cryptocurrency, where each unit has its value pegged to, and a name based on, the fiat currency it represents. Users convert...
For the series, let's shill my positions today we got :
Pair : Zen BTC
Full name : Horizen
Coin Type / main feature : Horizen (formerly ZenCash) is an incentive-driven application platform with optional zk-SNARK based privacy features that aims to provide everyone with complete control of their digital footprint. Launched in May 2017 (no ICO and no pre-mine),...
A strong divergence in macd strenghten the idea that iato might be retaking some traction after having some wallet issues and funds stolen, fixing their wallet and working hard to resolve the issues IATO developers seems to be have now set up strong foundation to keep the project alive and well and the coin price to move north.
This pair has been repressed for so long that is going to be mooning hard ready to fly 100% like a fighter jet.
Iota has been going up like 135% but his rise is not done yet, infact people have been too busy pumping eth and been progressively leaving iota boat in favour of ETH but now that eth seems to be slowing down and iota can solve his wallet issues and...
Entry : around 172
total risk if stop gets triggered = 6%
target = moving average, or half at moving average and half kept for further gains with trailing stop to protect profits
Tell me what do you think!
Triple divergence and nice growth saturday night, can it keep growing? let see!
Not financial advice just an exchange of opinions and to learn!
Some obvious stuff that nobody talked about yet on ideas section.
Ofc it all comes to the indicators ticking up otherways divergences will not play (at least not as drawned here).
Also btc is above 100 EMA(or 12/13 ema on weekly chart) and may rebound there bringing all the other coins up with him.
(this is only educational idea not a trading advice)