Market Update:
Global Coin Markets with ongoing very bullish Momentum. Bitcoin as leading global currency reaching a new all time high today at 4200 USD.
We are very proud that we have with TENX and NEO the top 2 coins out of the TOP 20 world wide coins gainers in our Portfolio. TENX has the highest momentum within global Top 20 coins and very high buying volumes.
NEO has the hightest momentum within global Top 10 coins with very high buying volumes as well.
With NEO we stay to our outperform Rating.
We sell 275 EOS coins and add 800 Binance coins to the portfolio
CCC Portfolio Top Movers are:
TenX +479%
NEO +142% (selected 08.08.2017)
Bitcoin +46,7%
ETH +36,0%
Decent +44,7%
EOS -14,1%
Steem -15,8%
Transactions and Rating adujstments:
We reduce Bitcoins to hold from buy
We reduce EOS to sell from buy ( we buy 800 Binance for 275 EOS Coins )
NEO Token with nice Comeback, as expected, we expect high momentum next week with new price levels around 50 USD
Outlook:
Bitcoins with very good momentum reaching 4200 USD We expect a light bullback on Levels of 4000 USD on btc due to the upcoming segwit activation.
Our CCC Chart Analyser (Elliot Wave based trading tool) estimates a Price Target of Bitcoins of 4000 USD within the next 4 weeks.
TenX with Price targets around 0.02 BTC per PAY token.
NEO Token with strong comeback, we expect high momentum next week with new Price levels around 50 USD
We expect high momentum in Binance a new coin Exchange in the asian markets