Hello everyone, we have agreat startof of the week for CUB. What? Yes, if you do compare the volumes from the past week for Monday and Tuesday, you will find out that we have surpassed volumes of both, for Monday with a very great Margin.
From the price segment as well, we had a bullish day. CUB has one of the strongest support levels around the area of $0.0204, which if gets broken could lead us to pretty lower levels as per the price graph. Before heading into that, the market remains "fearful" with the Fear and Greed index is 30. remember we have a Binance FUD going all over the crypto space, BNB is affected but still considering that we are very strong.
As you can see where we have headed after all these months, taking a closer look at the support levels, you will find that the dates are
1st Support: August 20
2nd Support: September 20-21
3rd Support: November 21
Right now it is 13 December and we have headed to the same support level. One possibility here is that similar to September, we can hold this level for some days taking us to date 20 again haha. Well, one fact I would like to share is it will be very hard to make a good prediction here regarding a lower level if this gets a bearish break, the break of the $0.0204 level.
The reason for this is obvious, we are at the ALL-TIME LOW levels for CUB's price and therefore we do not we the price can rest as we do not have any data below this level.
Nearby support if this gets a break remains at a -9-10% level from this.
Here is a little overview:
Although we do not have any confirmation now whether it will hold this support or break it because we are at its exact level concern is we do not have an immediate reaction to this, considering how strong the support seems, there must have been a huge buying pressure which could have been generated here giving us a pretty bullish day for CUB but ultimately that did not occur and we just have one thing right now which is "hold of the level".
The longer this holds, the bearish it will get.
This is a personal opinion here.
PolyCUB
There is not much in the price of PolyCUB as it is just straightway going to hell since launch because we are in one of the worst periods of the market. It is surviving, which is great.
You can check the whole thing here.
if you have any doubts regarding any indicator you apply here or anything related to price movement, you can share your opinion in replies. those will be well appreciated.
Going to data, we got a 13% increment in the volume from Dec 12 which ultimately gave to around a 1% increase in the market cap value. Here it is unlike CUB though as it did not perform "super great" in volume as compared to the previous week, it's around the same or lower. Let's see how the following days go.
CUB monthly report.
Yesterday only, it got shared and we shared it through the thread too. In case you missed you can view it here
Thank you everyone for your continuous support. Everything shared here are my personal views/opinions and should never be taken as financial advice. Everything here is just for entertainment purposes. You will be responsible for your happening. Be Safe, Be a Lion.
Posted Using LeoFinance Beta
Great visual summaries! Are those „just“ graphics or are they screenshots of actual working dashboards you programmed?
Posted Using LeoFinance Beta
Thank you. I am not clearly getting what you mean, the background and everything are graphics prepared myself, and the data there is updated by me like the volume, NVT ratio, TVL, etc.
Congratulations @cubtracker! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 50 comments.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Check out our last posts:
Support the HiveBuzz project. Vote for our proposal!