Blocknet is -99% down from ATH so Be aware from Shit Coins#BLOCK/USDT
$Blocknet current price is around $0.58
Recently made low of $0.47.
So basically it's almost 99.22% down from All time high of $60.027.
Practically I don't prefer in suggesting these type of Scam/shit coins.
Never choose to go with these kind of Coin, can harm and eat our hard earned money.
Lots of traders and Influencers around the globe just for the sake of some bucks, keep suggesting these kind of Coin with may hit 50x , 100x , 1000x in near future. And suggest to hold for 2-3 years for Huge profit.
In the case of $Blocknet:-
Who invested in December $2017, price was around $60 i.e. ATH & And after 3 year $Blocknet price is at $0.58.
Almost -99% down.
Where is 100x …?
So Guys never invest blindly in any coins for getting Superrich overnight.
At $60 team & insider Sold $1M worth of $Block Tokens.
Now Value of $1M = ~$8000
Lesson for today:- Choose your Influencer wisely. And do your own research before investing. And never enter with full fund in a entry.
BLOCKUSD
BLOCK/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BLOCK/USDT analysis.
I have tried my best to bring the best possible outcome to this chart.
Reason of trade:- BLOCK/USDT 2hour analysis look bullish trend chart and MACD bullish crossover buy green zone
Entry:- CMP buy green zone
Traget:- 15% to 20%
Stop loss:- 0.02664
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Blocknet [Parallel Channel Long]Learn All you need about Blocknet from these links
sites.google.com
docs.google.com
www.blocknet.co
BLOCKNET PROTOCOL:
The Blocknet Protocol is a true peer-to-peer protocol between nodes on different blockchains.
This enables the transfer of data and value between blockchains and opens the door to cross-chain dapps.
The Blocknet community has been developing this technology since 2014.
Our decentralized governance system and open source code ensures that every blockchain is free to interact without centralized entities.
BLOCKDEX:
the first dapp built on the Blocknet Protocol. Block DX is a truly decentralized exchange that enables trading freedom for connected blockchain communities.
Listing on Block DX is free and does not require our permission or control.
Market Cap
$77,933,365 USD
8,972 BTC
Volume (24h)
$215,211 USD
24.78 BTC
Circulating Supply
5,141,673 BLOCK
BlockNet Still Struggling BlockNet continues to produce lower lows and lower highs with a clear downtrend in place. The most recent rejection of the $24 resistance, that is 23.6% Fibonacci retracement level, confirms bearish intentions of the BLOCK/USD.
While the resistance is holding price might drop below the previously established low at $13.75, aiming for the $10 psychological support, which is 88.6% Fibonacci retracement level.
However, if price stays above $13.75 and will break the $24 resistance, there are good chances that BlockNet will reach $50 target. But obviously its far too early to talk about the uptrend at this stage.
BlockNet 200% Growth PotentialFrom September up until December 2017, BlockNet has been ranging between $36 and $13, but in January 2018 price broke the range moving above the previous resistance at $36. BLOCK/USD reached the high at $56.
The following corrective move down resulted in price going back to $20 where it rejected the 88.6% Fibonacci retracement level as well s the 8/1 Gann Fan trendline suggesting that the correction has ended.
Currently, BlockNet is trading at the previous support near 36$, which now is acting a support. This could seem a good entry point for BlockNet investors, from where the price is likely to continue moving highre.
Price could grow as much as 200% from the current price reaching $100 psychological resistance confirmed by 227.2% Fibonacci retracement and 361.8% Fibonacci channel lines. At the same time break above the channel could be the safer way to trade BlockNet, but it seems that the buying opportunity is already offered.
