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EBST: The next opportunity to strike?
To inform yourself about the project, use the website eboost.info/ their twitter, discord or other sources - as I will not talk as much about the project specifics, but why I think it's a promising buy currently.
Let's get started:
EBST has been listed on Bittrex for around a year now and was most of the time not really a promising object. It had a huge one day pump and a lot of smaller pumps here and there. I looked quite a few times into EBST, but found it unsuitably most of those times. This changed lately though.
EBST lived through another sell off as BTC rose to the new ATH in the last days and seems to have bottomed out around 2200 Sats.
Lets take a short view on the bigger scale
Now that we are on such a low point (-89% from the highest 4hour close, -97,5% from the 4hour price spike) it seems like the market doesn't want to move down alot further. The support at 22k established itself and held up throughout the last weeks several times. At the same time we are crossing the short term downtrend beginning from 26th September, in a possible C&H formation. It is likely that we will test the resistance at 7200 sats for a fourth time (at which point your buy already has almost trippled) and possibly even break it.
Already sounds good, but what we need is a spark that can push us to these levels yet again, let's see if we can find something:
The EBST team announced, they will revamp their website, officially announce partnerships with several big E-Sport companies shortly and they will have a stage at the COINAGENDA conference in Las Vegas at the 24th October. In addition they hinted to bring EBST to more exchanges.
All in all, paired with the low price and upcoming formation, this makes a good prospect for striking a profit. If you followed the XLM and FUN ideas, you surely have some spare coins by now to give a portion into this possibility. ;-)
Farewell and good luck.
Let's get started:
EBST has been listed on Bittrex for around a year now and was most of the time not really a promising object. It had a huge one day pump and a lot of smaller pumps here and there. I looked quite a few times into EBST, but found it unsuitably most of those times. This changed lately though.
EBST lived through another sell off as BTC rose to the new ATH in the last days and seems to have bottomed out around 2200 Sats.
Lets take a short view on the bigger scale
Now that we are on such a low point (-89% from the highest 4hour close, -97,5% from the 4hour price spike) it seems like the market doesn't want to move down alot further. The support at 22k established itself and held up throughout the last weeks several times. At the same time we are crossing the short term downtrend beginning from 26th September, in a possible C&H formation. It is likely that we will test the resistance at 7200 sats for a fourth time (at which point your buy already has almost trippled) and possibly even break it.
Already sounds good, but what we need is a spark that can push us to these levels yet again, let's see if we can find something:
The EBST team announced, they will revamp their website, officially announce partnerships with several big E-Sport companies shortly and they will have a stage at the COINAGENDA conference in Las Vegas at the 24th October. In addition they hinted to bring EBST to more exchanges.
All in all, paired with the low price and upcoming formation, this makes a good prospect for striking a profit. If you followed the XLM and FUN ideas, you surely have some spare coins by now to give a portion into this possibility. ;-)
Farewell and good luck.
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