In my opinion an obvious Parity now exists between KEEPUSD and NUUSD. With the two being priced as a joint asset there is a single theoretical price for both assets based on each's combined market cap. Pricing in the April 15th worklock release, NU will have 633.25 million tokens in circulation. KEEP will add approximately 501 million to the mix. This results in a 55.8% share for NU and 44.2% for KEEP. Thus, we can calculate a single weighted average price. If NU is .60 per and Keep is priced at .7, in that moment NU should increase in value 7.4% to .6442 while KEEP should fall 8% to reach the same value. As a result, I will not buy NU unless it is priced below KEEP. I will also use the divergence between the two to time my trades. Backtesting to the announcement date shows promise. Obviously they have been approaching a single price naturally. Still, KEEP has seemed to lead the way in determining direction.
On another note, I believe long term buying is safe here. A head and shoulders forming on the NU chart (and KEEP for that matter) would signal a trend reversal. We're sitting comfortably on the same moving average (250 hour) that defined the previous bull run. The daily MACD with standard settings appears to be ready to flip bullish. I'm not really a trader but I also like to buy at an appropriate time. Bitcoin could always falter and that may negate this idea. I've been increasing my position heavily between .53 and .60.
Take your own advice.
On another note, I believe long term buying is safe here. A head and shoulders forming on the NU chart (and KEEP for that matter) would signal a trend reversal. We're sitting comfortably on the same moving average (250 hour) that defined the previous bull run. The daily MACD with standard settings appears to be ready to flip bullish. I'm not really a trader but I also like to buy at an appropriate time. Bitcoin could always falter and that may negate this idea. I've been increasing my position heavily between .53 and .60.
Take your own advice.