Our second barrier/resistance is EMA50 (0.00000141) which is being challenged as I write this.
If CDTBTC can break and remain above EMA50, there is a good chance that it will move up and produce some nice profits/gains.
We can also notice several higher lows and a potential ascending channel .
This is not financial advice. All the information shared by Us or on this Website is intended solely for educational and entertainment purposes only.
1- Do not invest in every ICO – most of them are a scam.
2- Crypto is a heavily manipulated commodity and the price can change at any moment.
3- The creation cost of a coin represents the “wholesale” price – It is always better to buy when the price is close to the creation cost.
4- Crypto has a natural cash flow that dictates the selling pressure. Like, 1800 bitcoins are mine each day so 1800 bitcoin must be bought at the current price (“means market needs new $18 millions of investment every day if the price is $10,000 to maintain the current price“).
5- Patience and timing are key to making a profit:
Buy, when the price is close to the creation cost.
Sell, when the price is way high off the creation cost.