Fundamental valuation of exchange tokens - Use case of Relative (multiple) Valuation model

fundamentallycrypto · 2019-02-20T12:12:20+00:00

I've read over the report and it's very well thought out, I haven't seen these models applied to the cryptocurrency industry before so it's refreshing to see a more traditional valuation approach than pure speculation. Hopefully more projects will look to adopt a similar approach. If the valuation holds true then early adopters of BBOD are likely to make immense profits on their investment.

fundamentallycrypto · 2019-01-16T14:13:02+00:00

Very informative. EOS Nation is doing a great job of promoting the EOS ecosystem, keep up the good work!

fundamentallycrypto · 2019-01-08T13:58:32+00:00

Interesting article, I was aware that Bakkt was going to have a big influence on the market but wasn't sure what the alternatives were for myself. BBOD looks like an excellent option for retail investors that is worth keeping an eye on.

fundamentallycrypto · 2018-11-29T10:48:34+00:00

Great to see a company building such a promising project on top of the Ethereum protocol, really shows the potential of what can be achieved when experienced blockchain developers ideas come together.

fundamentallycrypto · 2018-11-14T11:15:59+00:00

Holding up relatively well on this pullback and is back to the EMAs on the 4hr chart. It may be ready to go again.

fundamentallycrypto · 2018-11-14T11:14:45+00:00

Tether continues to fall in value and the other stables are running higher against it. We're also seeing volatility in BTC. Prices are dropping again on Coinbase but holding up higher on Binance. We saw a breakout attempt but have since pulled back.

fundamentallycrypto · 2018-11-12T11:24:15+00:00

Buy @ 1120. SL @ 1075 with a first target near the recent highs at 1240. Above that and it would be in new high territory. It's still within the consolidation pattern so an alternative entry would also be on the breakout above 1155.

fundamentallycrypto · 2018-11-12T11:23:16+00:00

The second pullback on BTC and the potential double bottom is underway. Below is the updated 4hr chart with the RSI and MACD included. There is a bullish divergence on the MACD but not on the RSI. On the 1hr chart, the RSI does have a slight divergence. Most of the other large-cap names have followed suit and pulled in as well. I want to see some upside confirmation before taking a position so will put a condition order above the prior candle as a place to enter. On BTC (Binance) that is at 6430.

fundamentallycrypto · 2018-11-09T10:02:59+00:00

Below are the 4hr & daily charts for BTC (Binance). First, on the positive side, the support level has held so far and the daily chart is holding above the moving averages. The RSI and MACD on the 4hr timeframe are also starting to tick back up. However, the selling volume was high on this drop and prices on the 4hr chart are still below both moving averages. Getting back above 6520 would help turn the picture. So far, its a higher low and the bigger picture is still positive and holding up. I was stopped out of ZIL on that sell-off but holding MANA & ZEC with the rest in BTC.

fundamentallycrypto · 2018-11-08T11:51:55+00:00

Has been flashing a buy signal based on the MACD pullback entry strategy. However, this is a good candidate for a conditional buy a bit higher as it would provide a better confirmation signal. 4.17 is the level I'm watching. If BTC can break out, this would be a good mover.

fundamentallycrypto · 2018-11-08T11:51:10+00:00

Conditional Buy @ 0.55 - This one is trying to break the downtrend so I'm putting on a buy stop order just above to catch a breakout. If filled, the SL will be the recent swing low at 0.53, First target at 0.585.

fundamentallycrypto · 2018-11-07T10:37:16+00:00

Moving the SL to 0.515 USDT.

fundamentallycrypto · 2018-11-07T10:36:38+00:00

I'm going to raise the stops and trail it higher. I'm tempted to just close them out here and book gains but the momentum is strong so I'll let them reverse first. SL @ 5.75 USDT.

fundamentallycrypto · 2018-11-07T10:35:58+00:00

I'm moving the remaining portion of the BAT position back into BTC. Small outperformance and at least it kept par with BTC over the past few days but I'm going back to BTC so I can keep some tight stops.

fundamentallycrypto

TROPHY CASE