Re: Will Credits reach new ATH and be top 20 EOY?

Quote from: adiws on December 04, 2019, 01:36:17 AM

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

I must confess that Credits is one of the most potential projects of 2018 and is highly appreciated by it. But a good project in the crypto market can't say anything during the bear market period and yes, Credits actually collapsed because 2018 was so bad. it is a consequence that many other businesses are dead and Credits will have a shortage of capital in the business and now its price is still not flourishing. This is also one of the reasons why many investors have left Credits and do not want to come back. At the moment, I only encourage you to invest in top alts to get big profits when bull run.