CSPR - Ultra Deep Value CoinCSPR #328
"Charlie" has picked out some coins in their Golden Windows.
If you have watched the educational Fibonacci video then you will be able to draw these with a little practice.
One on the list that I haven't covered for a while that is now quite interesting is Casper.
This coin has a lot of hype.
However, the tokenomics are a little iffy since to has no known "Max Supply."
This means that coins could be infinitely minted; inflating the supply which would dilute coin holders.
But this issue is common with major coins such as Ethereum and Solana...
And similar to ETH coins are continuously minted through staking rewards.
So perhaps it should not be a major concern but certainly worth being aware of.
Another minor issue is that it doesn't have too many wallets that accept it.
Anyhow, it is of significant technical interest in this area because it has been dumping whereas other coins have been holding or moving on up.
And so it is potentially arriving to a point of ultra deep value.
The multipliers could be wild if were to pump from here.
This coin was up around 100 rank some time ago but with it slumping against other coins, it is now down at #328
Notice that it recently tapped into a 1.618 extension Golden Window.
This could be very significant I think.
Also notice that the week RSI went oversold for the first time ever.
The week RSI tends to be a very significant time frame.
Currently CSPR sits a tiny amount above the 1.618 @$0.0016.
So this is an ideal buy right here.
You could put some buy orders down at the 1.618 also.
But do note that it has already been re-tested so there is a chance that it could move on up from here.
Not advice
