Hi all.
Just an idea, not financial advice. :)
Looks like the FiboGen has reached its lowest level so far and to go 0 is not much left :)
seen the previous highs I think it is a good investment at the moment, with a low risk/high profit ratio in the long term, don't expect this to shoot up in a straight line in a week's time XD
downside, maybe backtest the support level, worst case scenario, 0.33 area around mid-November.
If that is not held, then the end of December is 0.09.
If that follows the trend line.
Leave your thoughts in the comment.
Thanks
Just an idea, not financial advice. :)
Looks like the FiboGen has reached its lowest level so far and to go 0 is not much left :)
seen the previous highs I think it is a good investment at the moment, with a low risk/high profit ratio in the long term, don't expect this to shoot up in a straight line in a week's time XD
downside, maybe backtest the support level, worst case scenario, 0.33 area around mid-November.
If that is not held, then the end of December is 0.09.
If that follows the trend line.
Leave your thoughts in the comment.
Thanks