eBoost, the definition of a shitcoin has already offered good opportunities in the recent past. I myself went in and out twice over the past month and made more than a double each time. I am currently accumulating again and I think this time it might be an even bigger play.
But let's start from the beginning.. We have had a major dump a long time ago and a quite time for longer than half a year. Recently new volume started to kick in which fueled the spikes that it did over the past month.
So we made a series of spikes in a short amount of time, and all roughly the same size. It is also worth pointing out, that we are dragging support with us to higher levels. The reason why I think now is the time is because of 2 things. 1st, we hit the exact level of significance that i was expecting ( previous highs, resistance turning into support) and also on a lower timeframe, we are forming a really nice soft bottom. Sellers losing steem, support starting to hold.. you get it :)
With support forming a higher level now and resistance area already tested 3 times, I am confident that the probability of soaring past the previous highs is pretty damn high at this point. Also, if that is the case we could really moon to infinity.
I am not even kidding :D
I didn't find any data about the current marketcap but I am sure it is really low, making the ultimative run possible.
So get your spacesuits, combine it with a little bit of risk management, layer your sell orders from the previous highs to insanely high targets and just wait.
I will post more charts today and tomorrow. I am basically just putting my thoughts into words, making it easier to put structure into the big mess that is called bittrex exchange :)
Love you all and happy trading <3