1. Huge volume spike 2.bounce from 200SMA and recover above MA's shows reversal 3. 18m circulating coins...worth only ~$1 4. rising trend on RSI and about to have MACD cross over 5. did i mentionm that BTC has similar supply to BSD? Not saying BSD will every reach the price of BTC, or even break $100, but i feel this puts the potential ROI into perpective
Bitsend looks like it may go through another retracement. For the most profitable strategy, I would say a long hold that is at least 3 to 4 month before any sustainable gains. I would also say that it is a medium to high risk investment given its protocol's competition. Bitsend is still at its core 0.14 version and can though make lots of room for improvement...
BSD meet-up, master-node news, MACD crossover, waiting on confirming breakout- safe entry at this level, minimal downside, risk-reward decent. Don't get greedy and move stop-loss the moment it breaks
Besides being in a good entry point, on November 25th they will activate segwit: lightining network and implement smart contract. I expect a health uptrend. twitter.com
IMHO we are in the middle of accumulating phase in BITTREX:BSDBTC and there is possibility for distribution in future..
Low Coin supply and good tech - this could be huge.