Technical accumulation @ key support & demand level
Note: (Not waiting for bears to loose momentum since this is a long term position trade, as it's reinforced with fundamental analysis)
Fundamentally analysis: 1) Probably (from my humble analysis) the only Crypto-asset that has a running sound product 2) Aimed at/for wide client base (B2B) 3) Fair & strict ICO distribution (highly unlikely for "hodlers" (long-term investors) to dump their holdings all at once)
Note
Typo on fundamental analysis point 3: the '12.50%' after the 'ICO'; initial coin offering, was not suppose to be there (autofill from tradingview)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.