Melonport
2 low supply gems with massive potential - Melon & ClearPoll Hey there, it's moustache Mike here if with a 2 part special!
When you look back over the last year one thing can become very obvious, if you're looking for crazy gains you need to be in there early, of course there are always exceptions to this rule but if you can pick a strong project with the right fundamentals before anyone else could care less about it you have a great chance of coming out on top.
Here are 2 projects that I want to share with you today that after researching I believe are among the most positive looking gainers -
Melon
Melon takes low supply to a whole new level with a maximum supply of 749,400; the coin is presently priced around $60 and has a strong volume to support it. The project itself has an excellent utility based around asset management, namely creating their own hedge fund, in short...
'The idea behind Melon is to create an infrastructure that allows anyone to create their own asset fund that is bound by a number of rules and regulations that can be configured upon the creation of the fund.' - blockonomi.com
Signals;
The daily chart shows a strong breakout for Melon following a few weeks of accumulation; this for me is a strong buy with the weekly chart showing plenty of room for growth. On the daily specifically we have a strong upwards momentum on our RSI plus a bullish crossover in the making on the MACD, we are coming up from being oversold and this looks very strong indeed.
If you are looking to buy into this in the current rally be mindful of how overbought we are on the 4 hour chart - I have added a suggested retrace area above in the assumption that this rally continues.
ClearPoll/ Clearify
I cannot stress enough that if I had a gun to my head to pick a big gainer of 2018 it's Poll, this is a micro cap coin with a maximum supply of 8,999,992 and priced at less than $1! That's with a market cap of only $5,676,279 as it stands.
Poll is the token utilised by both Clearpoll & Clearify - Clearpoll being a blockchain based voting application which rewards for voting and creating votes which is then combined with a rewards multiplier based on the amount of Poll token you hold.
Clearify on the other hand is a verification tool for ICO addresses from which 50% of the revenue is used to add to the reward pool mentioned above for the Clearpoll application. A final thing I will mention is that both the Binance CEO had tweeted support of this project, furthermore this tweet has since been deleted as far as I can tell... make of that what you will.
This is of course a very brief overview but I do advise you research - www.clearify.io
wiki-pics.tradingview.com
^Kucoin chart link
Signals
This is a prime time to buy into Poll, we are sat on strong support and currently looking oversold on the daily SMI. Our MACD is currently reaching the limits of it's bearish divergence so it could be worth waiting a day for us to flatten out and confirm that we are looking to make our next move up, the RSI is also looking at a double bottom and in my personal opinion there is no question that support will hold firm.
As with some other Alts I am predicting some very positive price action around the 19th of May, with this being such a low supply coin it would not take much to kick things off, whilst Kucoin is currently it's largest exchange I would personally not like to wait for it to hit a large exchange as by then you will miss out on this crazy low priced coin.
So there we have it, 2 coins that I strongly recommend that you look into further. I will be posting updates in tandem for both coins as things progress and I hope this was helpful!
MelonPort Breaking Out Of The TriangleMelon has managed to finally break above the triangle pattern and $120 resistance. Prior to that, it has bounced off the uptrend trendline and the 200 Moving Average.
The trend now became very bullish with more upside potential. First strong resistance and the potential target is seen at 227.2% Fibonacci retracement level applied to the corrective wave from the last all-time high produced in June.
The price target is $228, while currently, Melon is trading at $130. This makes a potential short-term growth of 70%. Break above the target will add more volume and volatility, as well as a much higher upside target. Nevertheless, break below the Moving Average could result in a trend reversal.
