evocoin started following EVOCOIN: New emerging cryptocurrency with new segwit innovations
evocoin posted a topic in PROMOTIONS / OFF-SITE GIVEAWAYS / FAUCETSWhile a buy and hold strategy has proven to be beneficial to the early EVOCOIN investors, the late entrants have used the wild price swings to add to their EVOCOIN numbers. We can see from the charts in this article that the whales have increased their EVOCOIN holdings over the past couple of weeks through EVOCOIN token presale. An average trader prediction as to buys at the low and sells at very high in coming days. Currently, the price is likely to increase with increase in global community at the uptrend line and above it, at the 1- 2 day EMA. We expect the $50 to $200 by the end of this year . If EVOCOIN succeed in breaking out of this zone, a quick rally to $500-$1000 might take place in the next year, where it will again face resistance from the 1-6-months SMA and the resistance line of the descending channel. Therefore, the traders will wait for a breakout above $50 to buy. The profit objective is a move to $1000. What if the BTC/USD pair fails to break out of $9,500 and turns down once again? In this case, traders should wait, resisting the urge to buy at lower levels because if the price breaks below $7,800, we might see it go down to the $7,000 point. We always provide both the bullish and bearish scenarios because the traders should be aware of what to expect in both cases. It would be irresponsible to provide levels only in one turn of events. EVOCOIN seems to be the best alt-coin in the bitcoin's critical market, People more willing to invest in EVOCOIN as the price is very low for most of the average investors, hoping to be an excellent market for the future cryptocurrency community who looks everyday for new market.