BSD/BTC super undervalued1. Huge volume spike
2.bounce from 200SMA and recover above MA's shows reversal
3. 18m circulating coins...worth only ~$1
4. rising trend on RSI and about to have MACD cross over
5. did i mentionm that BTC has similar supply to BSD? Not saying BSD will every reach the price of BTC, or even break $100, but i feel this puts the potential ROI into perpective
Bsd
Bitsend Long PositionBitsend looks like it may go through another retracement. For the most profitable strategy, I would say a long hold that is at least 3 to 4 month before any sustainable gains. I would also say that it is a medium to high risk investment given its protocol's competition. Bitsend is still at its core 0.14 version and can though make lots of room for improvement where it is a more Conservative investment strategy in the long run. Right now though, they seem to be growing and have some potential after the segwit soft fork completion.
Bitsend short trade quick profit possibleBSD meet-up, master-node news, MACD crossover, waiting on confirming breakout- safe entry at this level, minimal downside, risk-reward decent. Don't get greedy and move stop-loss the moment it breaks
BSD uptrend, techinical and fundamentalBesides being in a good entry point, on November 25th they will activate segwit: lightining network and implement smart contract. I expect a health uptrend.
twitter.com
Accumulation and distributionIMHO we are in the middle of accumulating phase in BITTREX:BSDBTC and there is possibility for distribution in future..
BSDBTCBSD shows big accumulation.
Safe entry : 8.000
Fast sell order : 15.000/16.000
If you want hold it, you can, big news should happen near 2018 with Segwit and LN, we can hope reached 1.1618 on fibo at 46.000
