SPNDBTC
Spendcoin ideaNo idea what this project does, but with a tight stop loss this does looks like a decent play.
making higher highs and higher lows and is now sitting at the bottom of the range
Spendcoin Looks Good For Future GainsSpendcoin (SPND) Overview
Spendcoin is Digital Cash You Can Spend Anywhere
Use Spendcoin (SPND) to make instant secure payments online anywhere in the world using our secure open-source platform hosted by thousands of users around the world. Spendcoin currently runs on the Decentralized Ethereum Network with plans of launching Cross Ledger by 2019.
Earn Spendcoins by Spending on the Spend Wallet App and the Spend Visa Card.
Spendcoin (SPNDBTC) Chart Analysis
Spendcoin is available to trade on Bittrex, it has a young chart so it can be a bit tricky... Let's take a look at the signals:
We are looking at a double bottom marked with light blue circles.
Bull volume is really good each time support was hit.
The next retrace marked a higher low (yellow) compared to the lows marked blue.
The MACD is moving up and the RSI is moving in an uptrend.
Trading volume during the last two days is moving in favor of the bulls.
Good profits potential…
Thanks a lot for reading.
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Namaste.
