SpreadCoin ( SPR ) shows the following signals:
- You can also see the tops reached on each past bull run, both marked with a blue dotted line.
- The bottom is marked with a black line, this is the bottom reached after the last bull run, which is 0.00002741 hit on late March 2018.
- We can see a (red dotted line). Which is followed by a strong breakout and we are preparing to move up.
- The is very as well as the other indicators (DMI, OBV and ).
- The is starting to curve upward after a long period of positive divergence.
- The weekly chart is also looking good for a nice bull run.
- The first strong resistance is at 0.000246 which is about 4x our buy in price. If SPR can break that price, we then aim for 0.000825 which is about 15x our entry point. This can be a short run, definitely, but the potential is definitely strong.
- Now let's get into the details on how to trade SpreadCoin ( SPR ).
******* SpreadCoin ( SPR ) Trade Analysis by Alan Masters *******
Buy-in: 0.000044 - 0.000066
(4) 0.000825 (All time high)
(5) 0.001317 (Just for fun)
Trade strategy: Pull out your initial coin purchase as soon as possible and then play catching up the next target with the profits.
Note: Remember to diversify by dividing your capital into many different trades. By doing this, you will reduce risk as well as increase your chances of purchasing one of the many coins that will generate staggering profits in the soon coming Altcoins market bull run...
In the meantime, let's enjoy the profits that we are already earning.
Remember to sell small amounts of your holdings of each altcoin each time a target is reached. You can also aim for the big targets, but know that this will increase the risk.
Another good strategy is to take out profit from a coin that has gone up already, and move it to a newly developing coin/trade. So if you bought a coin three weeks ago that generated 80% profits. You can sell a portion of your holdings and use these funds to purchase into a new trade.
This way you diversify even more, extend your reach and increase your profits potential...
Here is the chart:
Always make sure to diversify!
(1) 0.000073 * Target reached @ 0.000071 - 20-April *
(2) 0.000091 * Next target *
We reached our first short term target on our first day. Pretty good if you ask me.
Enjoy the profits!!!
We are within buy in range, so feel free to buy in, rebuy and reload.
Here is the 4 hours chart:
You can also load up some more SPR to reduce your buy in price and to increase earnings potential on the next run. We have been consolidating nicely and I am seeing positive divergence on the MACD 4H chart.
We have a huge period of accumulation and plenty of room to keep on going up.
Here are the charts:
"The BTC-SPR market will be delisted on 10/19/2018"
Anyone who stills hold Spreadcoin must either sell them or send them elsewhere or they will lose them by November 5th.
I guess for those who still want to hold this coin, they should send them out to Cryptopia, that is where more shares are being transferred, so far about 6% or more.
The good news is, the developer didn’t quit, he just disappear for a few months.
Either way, it matters not. Without Bittrex, I expect the future price of it to be below a cent.
Here is the link, directly from Bittrex webpage, so there is no risk of a fake news: https://support.bittrex.com/hc/en-us/articles/360001374623-Pending-Market-Removals-10-19-2018
Now who is making sure the wallets even work? Who is mining the coin? Can we even send the coins to the SpreadCoin wallet?
It is just a rumor that I can not confirm, but they say the wallets no longer work. And who is minning the coin now? Nobody?
I mean, if it get delisted from Bittrex, where 97% of the coins trade, where are people going to send the coins to if the wallets does not work???? Is Bittrex just going to write off the coin at cero value because people won't even be able to get them out?
And how low can it go like 1/100 of a cent? Who knows but I doubt it will hold a cent.
If it is going to survive, investors will need a new developer fast, and reasurances that it will remain on Bittrex and that wallets will work. It is already trading in new all time low in terms of satochis.
Of course if we get a new developer it will pump, but will we get one???? And, will we get one before we drop below a cent????
In bull markets you could just hold any small coin and you probably win 10 to 1 in it in less than a year. But the same in oposite way happens in Bear Market, SPR has decline 98% or so. You have to be very selective and cautious during Bear Markets. Small caps, well get into them next year. For now is just Bitcoin, Ripple and maybe another big one, but that is all.
Good luck to you