USDT -CANN CannabisCoin - Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10
Perspective Matters!
Date : Since 2014 ( 8 / 10 )
Volume 24 H : 3 BTC ( 2 / 10 )
Available Markets* ( 1 / 10 ) Huge Risk
Social Media Rate ( 3 / 10 )
Ranks ** - 870 ( 2 / 10 )
Website ( 1 / 10 )
Type Cannabis Coin
Overall ( 2 /10 )
Please review my previous CANN coin analysis as well to get a better idea.
Even though, I joined crypto Nov 2016, I didn't touch this coin until April 2017.
Everyone was talking about POT, Cannabis and Marijuana in stock. I invested in POT, CANN coins instead of stocks. I made a right decision. The benefit was huge to take the profit on the road.
However, Most of people joined crpto after Aug 2017, Every-coin was pumping Bcash, OMG, Neo etc, They thought it will last forever. They didnt know what is taking profit and TA!
They had to learn that the hard way.! Most of them already gone. The rest of them is 80 - 90 % down from ATH or over 50% down from their initial investment .
So, What is next?
if a big brother / dad ( BTC ) doesnt save them, They will go extra 50 - 90% down. Most will die! A few of them ( Stratis, Wawes, Tron, XRP and Bcash ) didnt want to take help from BTC and recovered their recent loss.
It is the last change for over 90 % ALT coins. Please be careful with your investment from now on. If BTC doesnt break the downtrend-line and can not stay above MA 200 , So much blood will be on the crypto streets!
Please check " coinmarketcap.com " . It is from the previous ATH.
Dont fight with a market / trend , TREND is your friend. Be a friend with it.
Always remember, You are fighting with other traders not a market/ trend.
1 ) If you are not investing minimum 1 hour per day in crypto, You should always wait the confirmation before making any buying decision ( dont try to catch the bottom )
2 ) Take lose quickly
3 ) Dont averaging down
4 ) Wait 1 day or 4 hr candle ( open -close ) to take any action
5 ) Check coin / USD and coin / BTC before buy & sell
I am still in a big profit in crypto but I dont want to give them back! You should do the same!
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
CANNUSD
Cannabiscoin feuling upJust started looking at the weekly view and found a repeating pattern in the YTD chart of CANN.
Indicators
MACD is rising and ready to cross on the weekly chart.
RSI is making a repeating move to, you can see the repeating pattern in the green rectangles.
Fact
Chart is weekly view, have to give this trade some time to develop.
My Targets:
Mid term
- 377 Sat
- 517 Sat
- 791 Sat
When we look at the history of this coin, big pumps happen, targets (risky) here are:
- 1203
- 2270
- Up to 4500
This is no advice, just my tradesetup an why! DYOR and good luck!
CannabisCoin READY, SET, GO!!So SIMPLE! Price is ready to take off! Positive news and positive price action!
Good luck!
CANN/USD a nice choice for store of value!Low coin supply and massive use for store value. regulations COULD spell doom as well as a massive break in trend. IF trend follows yellow line we will be looking amazing moving into 2018!
Happy Trading!~!
PLENTY OF SUPPORT FOR CANNABIS COIN (CANNUSD, CANNBTC)WITH A MAX SUPPLY OF UNDER 100 MILLION COINS, A PRICE OF 3 CENTS A COIN, AND IBM TAKING AN INTEREST IN WEED CRYPTO CURRENCIES... I WOULD SAY THAT THIS COIN IS A GREEN LIGHT.
NOT TO MENTION THE VOLATILITY IN THE PAST, A SPIKE UPWARDS OF 5 DOLLARS, AND BACKDOWN TO SETTLE UNDER A PENNY. I FORSEE MUCH MORE VOLATILITY IN THE NEAR FUTURE. ESPECIALLY SINCE BITCOIN IS BREAKING RECORDS EVERY WEEK, NOWADAYS.