Long

Today's pick : EVX BTC

Updated
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 local fiat currencies to Cryptocash using a currency exchange and transfer the coins to their Everex wallet.

Cryptocash balances are provably underwritten by actual balances held in accounts of licensed financial institutions. The Everex system provides its users access to financial services using Cryptocash, without the volatility issues of existing, non-stable coin cryptocurrencies.


Everex (EVX) has climbed out of oblivion and into the top 200 following the latest news that the company may now onboard U.S clients, according to their latest announcement.

The announcement by the company saw a pump which reached 250% yesterday, with the project currently up 170% today. The latest news from Everex, which launched in January, is that the company has received approval to begin onboarding clients in the U.S state of New Jersey.

Everex (EVX) is a decentralized app which enables Peer-2-Peer payments and trading of financial products using digital assets and smart contracts.

The news saw EVX pump nearly 250% and triple its market cap from $6.7 million to over $18 million, boosting the project into the top 200.

EVX saw its daily trading volume climb 8200% at its peak price yesterday, which was just under $1. The price has since seen a small correction down to $0.80, however trading volume has climbed to over $109 million, making it the 20th most traded coin on the market according to Coin Market cap.

Reason for going long now : The only info we got to predict, let me pass the term, the future price is using divergence , and an other way to see if divergence worked is to watch past same type of divergence and what result occurred , for this particular pair we can see that the same type of macd divergence produced from as little (if we can say so) 13% to astounding 56%.
Trade active
Trade closed: target reached
EVXBTCTechnical IndicatorsmacddivergenceTrend Analysis

Disclaimer