passio

Bitpanda BEST investment update

Long
passio Updated   
BITPANDAPRO:BESTEUR   BEST / EUR
According to my previous analysis Bitpands own Ecosystem Token broke out, due to the earlier release of the the first Token burn on 30.01.2020 in the coming week as well as the announcement of new perks/features for BEST holders, next to the high fee reduction bonus.
If the actual high is really in there is huge support at 0.0655 € . If this is an impulsive wave to the upside i estimate higher highs. People had good time to accumulate at lower levels (under ICO value) and are potentially now focusing on increased token price performance.

Further updates in the future.

Greetings F P
Comment:
The actual volume in this chart has to be addet to the volume und bitpandas broker site www.bitpanda.com/de . so the total volume can only be calculated by adding the broker volume to the bitpanda GE (gobal exchange). As know in the bitpanda community, the broker volume exceeds the GE volume by far.
Comment:
Mid of the trading range between 0.5 and 0.081 is at the moment being tested as support. The confluence of the high volume node, seen on the right side and the fib level 0.382 @ 0.06487 could be a launchpad for the test of the upper side of the trading range at 0.081.
Dont forget that tomorrows (30.01.2020) first token burning event could be paired with news about more bullish features for BEST holders. We dont know yet.

Greetings F P
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