A very bullish Ascending Triangle Chart Pattern has formed on
Credit$, on virtually every time frame. I prefer the 4 hour chart, but I'm guessing we could see another .10 cent bounce anytime between a few hours up to a week. This pattern is textbook in nature.
If you don't know what I mean by this term, just Google "ascending triangle chart pattern," and then pull up a 4 hour chart on Credits -
https://stokz.com/cryptocurrency/credits-cs/chartEssentially, what an ascending triangle shows, is a price that keeps bouncing off of upper resistance; in this case at about 0.75 cents, all the while achieving higher and higher lows. It also means that eventually, the bears or sellers will give up, and the bulls will take over on the price, moving it above the resistance level.
We used to see 0.5 cent bounces, but with the return of the bull market, here lately, the moves have been stronger to the upside, and these have been more in the 0.10 cent range.
This is not financial advice, and I'm not your financial adviser. 
However, some of the Elliot Wave folks are saying we may need to retest 8,250 level in Bitcoin, so if that happens, we could see a sell off of just about everything to unknown levels in this coin, also.
With so much anticipation of the Binance approval, which is impossible to forecast, it's risky to be out of Credits, even to catch these intermediate pumps.
Given the limited supply of
Credit$, we could see something unusual on Binance, when this finally arrives, perhaps not the mania seen with ByteCoin yesterday, which saw an unbelievable pump due to a glitch in transfers, but I'm guessing by comparison to similar listings, upwards of 300%.
I am not a day-trader but nice analysis. I hope 0.75 cents act as support now and the bullish trend continues throughout the private beta testing phase. I think we will be near $1 just before mainnet release.
Thank you. I've been watching Credits since the Pre-ICO, and it's one of the most easily traded coins I've seen. When you get attached to something like I am to
Credit$,, you can more easily follow her habits.
I don't day trade, I swing trade, and I'm very selective in my movements. I've also missed some rabid tops that were far more frothy than I expected. The simple reason, is the limited number of coins, for a protocol of this type.
The other interesting thing about
Credit$, is that it will often bull flag, allowing you plenty of time to take profits, and figure out what's going on, and what may be coming next.
Credit$, will often trend behind Bitcoin and Ethereum, trailing by 12-24 hours.
If you caught my TA, before this one, you would have made an easy 10-20%, and with this break, we you could have easily done the same.
She handles stress very well, which is exciting to see, and suggests that her foundation is exceptionally solid.
As a result of
Credit$, recent decision to bring in a good software auditing team, I've increased my projection of the comparative fair market value to double where I had it, or $1.40 a share. It's not a real world number by any means, but relative to the space we are in, it fits.
, CREDITS's value is growing day after day
