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Bitpanda BEST Bullish Divergence weeklyBitpanda Ecosystem Token (BEST) This simple analysis shows bullish breakout potential for Bitpandas Exchange Token (BEST). + Weekly RSI and MACD indicators both show a very strong bullish divergence. + After hitting the 0.236 the 0.382 Fibonacci retracement, price is building support in an Adam and Eve formation around the green 0.5 + A breakout out of the falling wedge pattern that built up over nearly 2 years could mark the next major bottom. + We can also see strong confluence between 0.5 line (green), 20-Week Simple Moving average (dotted line) and the wedge border. Once broken, it could result into FOMO. + As long as Bitcoin can hold major lows, BEST could be up for a bullish continuation and therefore a move to the upside. BEST is due to so-called token burns, a deflationary designed token of the Bitpanda Broker: MAX Supply : Initial Mint 1,000,000,000 (April 2020) TOTAL Supply: Down to 794.756.875 (February 2023) due to a burn of Burn 205.243.125 (February 2023) DYOR www.bitpanda.com According to the BEST white paper, the token will always be part of the Bitpanda Ecosystem. Also check out older analysis!
BLong
by passio
Bitpanda BEST 1.0 to 2.0 Structure ComparisonBitpanda Ecosystem Token (BEST) upgraded to BEST 2.0 This analysis compares BEST 1.0 Structure with BEST 2.0 Structure and shows a potential dollar cost average zone for a reduced risk long entry. BEST is due to so-called token burns a deflationary designed token of the Bitpanda Broker: MAX: Initial Mint 1,000,000,000 (April 2020) TOTAL: Down to a Total Supply of 819,397,250 (February 2022) due to a burn of Burn 180,602,750 (February 2022) CIRCULATING: With a current Circulating Supply of 353,119,453 (February 2022) Do your own research: www.bitpanda.com Register for Bonus: www.bitpanda.com
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by passio
Once again a coin to "hodel": PANA very short info about Pantos alias PAN. Pantos is the answer to an increasingly fragmented digital currency market. It is an open-source, open-innovation driven research project, bringing all major blockchain platforms closer together, which will set new standards for decentralised cross-chain token transfers. Most importantly, when you invest in coins, longterm, you must read the white papers and try to gather as much information as possible. On the Pantos page you can find all information in English and German. So far all promises were kept, which is an extremely good sign. You could trade PAN now on Bitpanda, but from 2020-08-19 you can also trade PAN on HitBTC. This will generate a lot of volume in the near future. I think it is still possible to get Pantos for a good price the next days. One of the best things about the listing on HitBTC is that you can now trade directly via Tradingview. For me a clear candidate to "hodel". Inform yourself!
PLong
by DaOLZN
3
Bitpanda BEST investment updateIn this link you can find all the related information about the tokenburn. Overall ~ 11.000.000 tokens were burned (thats about 2% of the current circulating supply and 1% of the overall supply) and new features for BEST were added. blog.bitpanda.com This tokenburn event will now continue evey three months until 50% of the total supply is burned. The chart shows that due to very overextendet indicators and expectations of some investors, the actual valuation of the BEST token dropped for now, down to the golden ration 0.618 fib support. This level is the next bigger supportive confluence zone. Next to the fib retracement level we can see the daylie bollinger mean line (dotted line) that acted as resistance in the downtrend and the 200 day SMA line. The investors now have to decide how to value this Token correctly. My personal bias over a longer time period of time is bullish. Bitpanda is still one of the biggest austrian startups and the deflationary mechanism of the Tokenburns as well as the overall growing userbase on bitpandas plattform supports my thesis. The tokenburns now act as quaterly milestones and will be underlined by further developement progress of bitpanda. Thanks for reading my updates yours F P
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by passio
Bitpanda BEST investment updateAccording to my previous analysis Bitpands own Ecosystem Token broke out, due to the earlier release of the the first Token burn on 30.01.2020 in the coming week as well as the announcement of new perks/features for BEST holders, next to the high fee reduction bonus. If the actual high is really in there is huge support at 0.0655 € . If this is an impulsive wave to the upside i estimate higher highs. People had good time to accumulate at lower levels (under ICO value) and are potentially now focusing on increased token price performance. Further updates in the future. Greetings F P
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by passio
Bitpanda BEST investment tipI want to share some thought and knowledge about the Bitpanda Eco System Token (BEST). Many people may have heared about the austrian AML5 registered Broker Platform of bitpanda. Fewer people have heared of their new Global Exchange yet but volume keeps increasing. The price of BEST dropped from IEO prices between 0.08-0.1€ down to 0.05 where somebody now put a 1.400.000€ buywall so it cant dropt any further. Anyway, if u are looking for perfectly registered exchange and some of the lowest trading fees read on. As many people know crypto exchange tokens like BNB (binance), BEST is designed to reduce your trading fees (when it is turned on in the settings and u hold some BEST). But compared to BNB you have a really low entry point compared to the IEO prices AND a minimum value of over 0.1€ per BEST token when used as fee ruducer. Do some research about BEST, ignore the noise of Moonboy Investors and you will find some good background. No financial advice. F P
BLong
by passio
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