Veery strong fundamental, very strong team and idea, but weak marketing However they have some big news to come in several days. I think it can be a catalyst for big upmove, especially if BTC goes up. As for TA, then the price is in accumulation zone now (blue box) with almost oversold RSI. On small timeframes or in Trading Tape on Binance you can see that someone...
We can see big volume (bigger than in the past) but price is not directed up or down, its just laying on local support level. That means accumulation before up move. Also we can see price and volume divergence. Volume bars rising on the last candles (higher highs), but price is still not moving. Stop loss under local support level ≈ 1110 sat
There is HUGE accumulation on Blackcoin ! This has been going on for several months now, if you take a look on chart hirstory you ll see that Also Weekly chart is very juicy, BLK has support nearly 3000 sat level, weekly candels hold above the level I believe that Blackcoin is undervalued. Long term targets: 200-400%; Stop Loss - under 3000 sat level Short term...
Now the price is near All-Time Low level, where the last time price bounced on 270% and the triangle pattern was the same. Price should at least rise to the first resistance level. Also 2nd TP coincides with 0.618 Fibo level. 1st take profit 7000 sat 2nd take profit 8500 sat Stop loss under support line.
The price in flat and forms a bullish pennant pattern after the huge pump, so there can be one more breakout if volume increase.