BNGO - Current situationBNGO:
Weekly doesn't look good. We still have the chance to jump back into the wedge. This is called a spike.
Important downside support is provided by:
- 6.20
- 5.39
- 4.78
Basically, BNGO has to implement the business model and earn money with it. They are on the right track there. That's why I'm looking forward to the coming year.
Current situation:
Lots of people jumped on the hype at 11-15. They're currently selling. And one more small note: according to the volume, only small private investors are likely to sell here. Nobody presses from the top!
Futureisbright
SwissBorg: Amazing opportunity !!Author : Rémy Ginoux
Did you ever expect to be called for an amazing opportunity? Read it !
Why do I think this is the good moment to take part of SWISSBORG adventure? Few words to introduce me to you : I’m a freelancer (Digital transformaker and business Senior consultant, and important to say that I’m a non-pro trader but I’m deeply passionate of trading from almost 25years. More recently (couple of years ago) I felt a real need to give more sense in my way of dealing with my own wealth management and trading was not enough, not enough connected to Human behind… Naturally I started to engage myself in few business Aangel operations, and SWISSBORG is the best of them!
Few days ago I shared with French community my very enthusiastic vision of this amazing startup adventure, on its coming ROCKET LAUNCH: Disruptive crypto trading Mobile App is announced from March to April depending rollout and country you belong to.
I’m deeply convinced that this App made in Switzerland Swissborg will simplify
drastically the way to approach crypto-trading in future for the whole world… Just
unbelievable from my perspective!
So from fundamentals perspective: Key word is Robustness !
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If CHSB Token has grew up in coinmarketcap, if he has been valorized a few more of 261%
in a 36 days only, it’s purely organic transformation, based on powerful Value proposition.
Purpose and Ambition of Swissborg is to simply offer the largest population interested in
managing their wealth, the easiest and quickest way for people to trade cryptos from
Smartphone!
For those who already experimented Crypto-trading – numerous exchanges,
complexity, and time consuming – you will easily catch the Value proposition!
In a few weeks, the long process will be part of the past: IN A FRACTION OF A SECOND,
I’ll be ABLE TO BUY CRYPTO FROM FIAT, While obtaining THE BEST PRICE because
BUYED ON THE BEST EXCHANGE among their 4 MAIN PARTNERS at the moment of the
trade! (BINANCE, LMAX, KRAKEN, HitBTC, 8 other announced by 2020 !)
From fundamentals, I personally largely appreciated those 2 past years that Swissborg
committed according to plan, white paper announced has been respected and CEO and
different responsibles’s communication was 100% cristal clear, ‘community comes first’
as a moto.
From Technical analysis perspective, It probably the good pace to enter into the game
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Even if I took time to benchmark the market, I only noticed 2 other opportunities with
such ‘Swiss Quality’ and potential in the last decade : 2010 with Bitcoin which was started
at around 0.06€ in August 2010… 5 years later it was already more than 200€, and more
recently it was Binance with its BNB, Offered at 0.10€ in July 2017, today valorized 2
years and a half later at 23€ around !
Without any doubt, we are in a bull context +680% on CHSBETH on last 6month, and
+259% on a 40days this year, probably in relation with IOS/ANDROID new Trading and
Wealth management APP Release planned for March 2020.
After a powerful bull acceleration, a natural pullback has been launched, no stress about
that and from Technical approach and fibo indicator, we may arrive at the final phase of
this price breathing!
Possibly a way back to bull direction is possible around this 0.0000995ETH visible key
level (61.8% of fibo, and also lowest price of previous wave.
I’m keeping my monitoring on from 2017 first invest, and more recently, I stay connected
to company and project team, I’m deeply convinced that Swissborg will continue to build
their ambition on their 50 employees but also on the power of Community.
I’m deeply convinced that we can write an important piece of Crypto-trading history for
this decade.
From an investment standpoint, I’m on a 3-years time schedule: My personal objective is
built on BNB success story which has also inspired Swissborg with several mechanisms to
support Token price evolution as well, I ambition a first x3-x4 on the CHSB token price by
early 2021, and following x50 x80 x100, maybe more at the end of 2023.
Do you look for an ultimate reason to invest now into Swissborg ?
Immediatly after Wealth Management app launch, lucky CHSB owners will be able to
choose staking some of them in order to take profit of No fee for trading BTC and CHSB on
the Platform.
So as conclusion, an amazing StartUp I feel as probably one Key player of the coming
decade, they collected a bit more of 50MCHF thanks to almost 24K business angels, and
Swissborg will deliver Quality, precision and Robustness, so 200% confident on they
capability to deliver success as well!
Do not hesitate to share by return your enthusiasm: Like this publication (lower right
corner) to make this opportunity visible by the largest community and share your insight
via comment, I’ll be pleased to discover them and to interact with you.
Let me know in comment as well what you think about this kind of analysis and article, do
you appreciate it (even if so long) … Do you expect me to publish in future on some other
opportunity ?
Thank you for your reading, please click below for full featured Chart from the original post:
BTC – What if – Part II – Gold, Coins and Bank NotesHi Traders!
So as we promised we will publish another idea basing on the infographic from Jeff Desjardins and visualcapitalist.com
Just to recall they made a massive work to sum up all the money assets all around the world.
As it is more frequently said, especially in the finance world, cryptocurrencies are becoming considered as a new class of assets. Class asset? What is that you may think? Here is the explanation.
All money invested in many ways can be divided into a couple of groups which differ from each other. We can invest money into commodities which are crude, oil, gold, silver etc. This is just one asset type (class). Money can also be invested in real estate – commercial properties, housing, agricultural land. This is another class. We can distinguish a couple of more asset classes such as stock exchange, global money supply, global debt market and finally derivatives.
We are planning to prepare the whole set of analysis “ What If” describing each asset separately.
Here is just the introduction to give you the general idea.
Let’s assume this time we expect 10% of the money influx from global assets from just gold and global currencies (coins and banknotes).
Gold represents the value of around $7.7 trillion and coins and banknotes represent the value of $7.8 trillion. Together they are worth $16.5 trillion dollars.
So let’s take 10% of this sum and invest into crypto which can easily come. Why easily? Cash is close at hand and can be easily spent. BTC is to be considered as a digital gold. We are sure you heard it many times. So there is no any reason why that 10% shouldn’t go to BTC or any other cryptocurrency.
So let us do the math.
10% of $16.5 trillion is $1.65 trillion. The current dominance of the BTC is around 50%.
Let’s say $857,5 billion goes straight to BTC.
So the current market cap of BTC is $113 billion. It means we would have a massive demand on BTC making its capitalization 8,5 bigger (we added 857,5 + 113 as the total market cap of BTC).
So, as a result, we should have 8,5 times higher price of the one BTC which would be at
the level of $ 55 000. So we would like to see such numbers. Preferably before Christmas 2018.
This would be the best Christmas gift ever!
Do You like such scenario guys?
What are your expectations towards this Christmas?
BTC price on such level, new Lambo or pair of socks?
Massive HUGS!
WBM Team
BTC – Wyckoff analysis – looks promisingHi Traders!
Today we have prepared for you analysis based on Wyckoff analysis.
Objective of the Wyckoff method is to improve market timing when establishing a position. Trading ranges ( TRs ) are places where the previous trend (up or down) has been halted and there is relative equilibrium between supply and demand. Institutions and other large professional interests prepare for their next bull (or bear) campaign as they accumulate (or distribute) shares within the TR. In both accumulation and distribution TRs, individuals are actively buying and selling depending on the trend (bull – they are buying; bear – they are selling)
Phase A – we can observe stopping of the downtrend. Up to this point supply was dominant up to selling climax ( SC ) followed by preliminary support (PS). Once these intense selling pressures have been relieved, an automatic rally ( AR ), consisting of both institutional as well as individual demand for shares.
Phase B - institutions and large professional interests are accumulating relatively low-priced inventory in anticipation of the next markup. The process of institutional accumulation may take a long time (couple of months), and involves purchasing shares at lower prices and checking advances in price with short sales.
Phase C - The stock price goes through a decisive test of the remaining supply, allowing the “smart money” operators to ascertain whether the stock is ready to increase. “Spring price” is a price move below the support level of the TR established in phases A and B that quickly reverses and moves back into the TR. It is an example of a bear trap because the drop below support pretends to be downtrend. In reality, though, this marks the beginning of a new uptrend. In Wyckoff's method, a successful test of supply represented by a spring (or a shakeout) provides a high-probability trading opportunity. A low-volume spring (or a low-volume test of a shakeout) indicates that the stock is likely to be ready to move up, so this is a good time to initiate at least a partial long position.
The appearance of a SOS shortly after a spring or shakeout validates the analysis. LP stands for last point of support.
Phase E - the stock leaves the TR, demand is very strong, and the uptrend is obvious to everyone. Setbacks, such as shakeouts and more typical reactions, are usually short-lived. New, higher-level TRs consisting of both profit-taking and acquisition of additional shares (“re-accumulation”) by large operators can occur at any point in phase E. These TRs are sometimes called “stepping stones” on the way to even higher price targets.
We fell in love with this pattern and this approach. Now everything is much clearer.
Future is bright. Stay patient at least for another month. Till that time we should be in the uptrend.
Guys, how do you find this approach? Do you find it helpful?
Please do comment and like if you like our job.
HUGS!
WBM Team