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UnoRe / Tether

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UNOUSDT trade ideas

UNO - Hidden low cap gemHere's one I picked up on a whim some weeks ago. A case where the absurd Ethereum fees actually helped me as I was going to sell during that accumulation, before Kucoin listing, but the fee at the time to sell was over $500 so I decided to hold on. Lucky I did as price has pumped significantly from the bottom. Uno is an insurance platform for insurance providers and allows users to trade this risk which is apparently a big market in the traditional trading world. I was intrigued by the backers which include both KuCoin as well as OKEx. So we could assume an OKEx listing as well at some point. The chart also looks nice and we are currently correcting the big move up from the lows. The blue box is also a previous resistance area from an earlier distribution phase and below that at ~0.45$ is the lower bound/support of that area. Assuming BTC does not collapse, I do expect this blue box to hold as support and for price to continue upwards. Big assumption for now, so better keep your eyes on BTC. Still a lowcap with under 7 million coins in circulation. First unlock has been delayed so that circulation should be good for around 3 months from now. DYOR on that though as the unlocks are most likely significant.
Long
by crossedfingers1
2