bitcoin sv Trustcoin Looks Like A Buy At This Level (TRST)

As you might know by now, Trustcoin is part of my long term portfolio and I am glad to announce that we have a buying signal for the near term. 4 days ago we got a stochastic divergence and if things will continue to move in the right direction we could get some really nice action for this token.

In dollar terms we just set a new ATH so from that perspective we dont have any more resistance to the upside. But for me, that is secondary, the major trade is against Bitcoin. Now, lets look at the daily chart:

Comment: I would play this in 2 ways:

1. Wait until Trustcoin will pass through the descending trendline and have a close above it.

2. Get in now and set either a lower low stop/loss or medium low stop/loss. The correct way would be to use the lower low stop/loss, but it all depends on how much risk you are willing to take.

Also, WeTrust are about to come out with their beta dApp real soon, perhaps later this week and then the real product launch in the beginning of next year so this could be a good time to get in for the long term.

If you wanna go to their home page to check out some more details you can go here:

https://tlc.wetrust.io/

And here is their Twitter account:

https://twitter.com/WeTrustPlatform

Happy investing!

bitcoin sv Trustcoin Looks Like A Buy At This Level (TRST)
16 Likes	16 Dislikes
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Science & Technology	Upload TimePublished on 12 Dec 2017

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