As we know that Credits is the one of giant blockchain company and now they are on the way to conduct a Token Swap and I think the team is working hard on implementation of their technology in real business like: Loyalty, Supplychain and Logistic industries. Which means these companies will use the Credits platform to implement their solutions through blockchan technology.
According the technical analysis the price is trading in zone 900-1000 Satoshi. Recently, it has bounced from a support level of an ascending channel in zone of 750-800 Satoshi BTC which is a 0.5 Fibo level as well. The price should break the 0.786 Fibo level. It will be good sign about the buyers interest. The next target according to Fibo is 1.618 level in the zone of 1700 Satoshi.
So, what do u think about this? I hope some expert traders and analysts can discuss here and give me an advice before I open a new position to buy this token
actually, I've been in a bounty campaign and have invested in Credits projects because their technology is so cool and I think they'll have a bright future when they can handle over 1 million deliveries. translated in just 3 seconds, it is faster than bitcoin and any other alts. But they have good technology but their team is not good enough to be able to revive the business. Another bad thing is that they don't seem to be active anymore and the CEO doesn't make important strategic announcements in the future. so I recommend not buying CS.According the technical analysis the price is trading in zone 900-1000 Satoshi. Recently, it has bounced from a support level of an ascending channel in zone of 750-800 Satoshi BTC which is a 0.5 Fibo level as well. The price should break the 0.786 Fibo level. It will be good sign about the buyers interest. The next target according to Fibo is 1.618 level in the zone of 1700 Satoshi.
So, what do u think about this? I hope some expert traders and analysts can discuss here and give me an advice before I open a new position to buy this token