mitkoenchev

Substratum long term hold

Long
BINANCE:SUBBTC   None
Support at 10k is strong and I believe SUBBTC will form a cup and start moving up again in the next 1-2 months. The perfect buying time will be right after the price consolidates and starts gaining momentum.

In the long term I see Substratum aroung the 20th position in coinmarketcap. The project is very good and it is my top undervalued one. There's been substantial progress and I hope the team will deliver further.
Comment:
Substratum lost it's uptrend line and it's price is now fully correckted, back to 8500 satoshi support. That's still a nice gain since it's previous 4000 SAT highs. I believe it will consolidate there and start moving up slowly. A safe buy will be after we see the price consolidates and starts moving up following the green uptrend, since there is no 100% guarantee that 8000 satoshi is the bottom.
However, news is what can rocket the price as SUB's market cap is quite low at $230 million. If the team delivers and brings the project to wider awareness, I see it easily reaching 50000 satoshi before the summer.
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