Standard (STND)Standard is another low Cap crypto project which seemed promising when introduced. On the other hand, STND went into a downtrend almost from the start. Just recently, STND broke some major downtrend lines as well as a major horizontal area. That means STND's reversal is happening. Let's see how high STND can go.
STND
Standard (STND) technical analysisFirst of all, be careful, Bitcoin (BTC) might make another downtrend wave; as a result, most of the altcoins will go down as well. As for the STND, price is moving in a downtrend channel-like trend. For the uptrend to be confirmed, at least the middle line must break along with an increase in buy volume. If the channel upper line breaks, STND most probably will go up to the double line uptrend. Also, watch for the horizontal line that is if the price reaches there, will correct rapidly; unless STND breaks it with a significant volume; that's another story.
Btc is awesome... right?Btc ruins the party yet again. Iotx is looking strong despite btc sucking. Nucypher has dropped below critical support. I'm hoping for a recovery above .88 cents. Stnd still looks OK because the Twitter is popping off with partnerships, I think it would have launched today it btc didn't roll over. I still think we are good to go as long as btc stay above 58k. If we drop below 58k for an extended period of time all bets are off... I think we are going through a shake out before we launch in December. Above 58k, good. Below, bad. Let's see what happens.
FRIDAY THOUGHTSJust before we hit the weekend, how are we doing? This movement here is impressive. Who's with me?