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Hello Trader,
Our Monday “Bitcoin Industry” Trade Is…
Coin Citadel Inc. (symbol: CCTL)
How would you like to get in on something that is poised to become even bigger than the internet? Bitcoin is the real deal and the profits will be made now, not later so traders who want to get in at the ground-floor level need to act fast.
If you haven’t woken up to the growth potential of Bitcoin, just consider that Billionaire investor and former Silicon Valley engineer Marc Andreessen has invested more than $25 million in a Bitcoin startup.
Our latest pick is operating in similar vein and CCTL has already launched its first Bitcoin ATM. What this means for the changing world of money is simply huge and this is why at 4 cents a share you really can’t find a better undervalued trading opportunity.
Get your due diligence done on CCTL as soon as you can. Then act – fast.
Check Out These 5 Key Short Term Technicals
1. CCTL is trading from bottom but in a very big way. A 32 RSI means huge bounce potential from current levels.
2. CCTL has created its first Bitcoin ATM. This is way ahead of the curve in the Bitcoin space and bodes well for the company’s growth potential.
3. CCTL trading under 3 cents, however, its 50 DMA is 14 cents which means there’s huge short term upside of up to 367%.
4. CCTL has traded consistently over 20 cents since the start of January. On February 17 the play rallied from an open of 18 cents to 24 cents, delivering one-day gains of 33%.
5. CCTL is poised for another huge run. At 70 RSI the play is trading at a whopping 33 cents and the 12-month high is a very impressive 1.49
Company Website: http://coincitadel.com/
First Bitcoin ATM Creates Buzz, What Next For CCTL?
In January CCTL announced the installation of its first Bitcoin ATM back in January. It was news that sent a serious message to investors: “Bitcoin is real; get on board now or forever miss out.”
"This installation represents the official launch of our activities while we prepare for the filings we must complete in order to receive our MTB license. Once these applications are accepted, we intend to reopen our leading edge online exchange platform, Bitcoiner7,” said CCTL CEO Bill Schaefer.
Bitcoin Growth Continues Impressive Run
Something as revolutionary as Bitcoin naturally has detractors but try as they may, nothing has been able to stop the growth of Bitcoin. Currently the crypto-currency is trading around $245 to one (1) Bitcoin. In the past Bitcoins have rallied as high as 6,000% and just in case there was doubt about Wall Street’s interest, total VC funding since 2012 has passed $400 million.
Big Catalysts for CCTL
· CCTL could rally past its historical highs, especially given its plans to scale up its Bitcoin presence.
· CCTL is trading with an oversold RSI of 32, this is a huge sign to traders who may move to capitalize on its bounce potential.
· Bitcoin trading levels are rising again and this could send renewed interest towards companies like CCTL.
Get ready to trade CCTL Monday morning.
Able Trader
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