(NCT) polyswarm "ICO"Early funding for polyswarm came in the form of ICO, crunchbase.com data metrics.
Initial coin offerings give a chance for people to buy the token before it is available for public trade on markets. Less decentralized than if the token had made no sales before being pushed to market.
NCT
NCT - Neutral to slightly bullishNCT I'm still bullish but we did hit 0.019 a few days ago, so I expect a move back to the midline of the channel since we didn't have a golden cross or punch through the 50 AND 200 day moving averages. I'm neutral on NCT until wee see confirmation of price action above 0.018. I'll be watching for sell signals on the daily but overall, we've retraced quite a bit from ATH and we can very well see a hold in this range or sideways action for a bit.
NCT - Monthly A&E Double BottomLong time period and unpredictable price action but expected formation over the coming year.
Key is I think bottom is in - retrace to legacy breakout levels of 0.013: data not available on exchange.
Best, HF
NCT - Proof real projects don't need hype to pump?Many watching NCT price have probably been holding for many years.
I think I purchased just after the launch and one of the few I HODLed during the bear market, watching the team grown and build out their network.
Polyswarm are one of those companies that fly under the radar (e.g. like Nuggets (NUG)) that seem to deliver both the investor and innovation dream. Building these companies is much harder than just coming up with an idea which seems to be enough to fuel many of these over-hyped tokens. It means risk, red-tape, resources, networking in real industries and crucially passion about the business you are creating to persevere for 4+ years. Recognition may have finally come with Coinbase exchange appointment on merit and bringing it into the view of the wider community.
Alternatively this might just be another hyped coin but you always need a little hype to pump ;)
Best,
Hard Forky
(Bursa) NCT: Bullishness ahead!Price bounced off the Demand Zone back in mid August, and also broke out of a down trendline recently.
Price also stayed above the 20 & 60 MA on a 1H chart, which should mean the consolidation is done and ready for breakout.
Looking to enter now.
Target profit 1 at 0.575
Target profit 2 at Supply Zone
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.