Legend has it.I always find it interesting how easily people jump on hype train. What I mean by that is how many people are talking about Verge now because of its run up. Before that, everyone was talking Cardano. Before that, it was Iota. But you barely see that around anymore. What I am trying to get at is. People in this market are only looking to make gains and spread information they heard from another person. Not many validation, which is hazardous. They will hype up something only because it is a trend right now. They're the same people to not realize when something is over extended. You have to find the big players, before the play actually happens. If you checked my post on Verge before its run up (linked below), you would know that a lot of people were talking crap about it. It's like that nerd in the classroom no one wants to be friend with, until they see him do something cool. Anyways, enough ranting. I see an opportunity in this coin, as it has not got a run up like other coins. It show signs of a potential move up into 3 zones. This one will be a long hold, for at least 1 month before we see some action. People always ask me about timing, but time is not a variable I like to use. You can't predict the market, you can only try to forecast it.
Buy Entry: 10k Sat
Targets are indicated on the chart with the green box.
What are your thoughts?
Trade with care.
LGDUSD
More to come from $LGD?You can always count on the Legends Room to make a strong move from time to time. Usually if they have a big party or promotion coming up.
Earlier this year, the price jumped above 300% (against BTC) with the lead up to the Floyd Maywether fight. This month it popped another 300% leading up to their NYE celebration.
The Superbowl will take place on Feb 4th. Pulled from the LGD Twitter account:
"Yes we will have a huge Super Bowl party announcement. @TheSharkDaymond is in the house in 2 weeks. @avnawards in #Vegas soon. New $LGD locations in 2018. The fun is just beginning tonight."
I think there will be a little pull back still, price may consolidate (in USD terms) between $1.50 and $2.
WHAT I'M LOOKING FOR: I want to see price break into the daily cloud convincingly. If this comes at the same time as announcements, like those hinted above, would be happy to throw in and hold to around .00050800 sats for a 2x(ish) gain in BTC value.
