Callisto - Inverse Head And ShouldersCallisto is going to complete a wide reversal pattern.
It is keepeing stable on BTC pair during this market contraction.
Fundamentals
Callisto's Hard Fork, Idavoll is incoming.
By implementing this H.F, the Callisto team will have delivered all the goals of the whitepaper.
Idavoll Specs:
🔺Istanbul Implementation
🔺Cold Staking V2
🔺On-chain gov
Note: details available on Git Roadmap note github.com
CLOBTC trade ideas
Callisto - Cup & Handle - Long project DirectionTrend Analysis
After the halving on currento month:
🔺 the Callisto inflation is effectively extremly reduced
🔺 the Orderbooks are now depleted on buy direction
🔺 no sell wall below 20 sat is visible on the three major exchanges Bitfinex, HitBtc and Stex
Fudamentals
Key points for CLO in 2020:
🔺Cold Staking Update
🔺Governance System
🔺Listing of CLO EOS Token at DEX'es
🔺Security Dept. Expansion
CLOBTCCallisto CLO stills available for accumulation for 5 more months, then it will be the time to reward its holders.
Callisto - Ascending Triangle - Bounce and GoCallisto has broken the last slope, due Bitcoin fall and the price meet a major solid trendline that track the triangle.. bouncing on it!
The price is charging as a spring, compressing on the triangle, to have force to break the big resistance above.
Usually uptrend triangle statistically breake the main resistance about at 2/3, so we are on the way.
$CLO Bullish case
Gann analys aiming for 23SAT as the next resistance from where it can build up strength to further highs
Conditional entry: closing 2 bars @1D TF , 16SAT