SwissBorg Token Analysis
CHSB Bullish December 2020
Token Analyst: Remy Delyon
Global Summary
👉 BULLISH
Such an incredible period we are living currently at SwissBorg!
As I never stopped to repeat, SwissBorg from the very beginning of its adventure, has based and built its success on strong DNA values : #Community #Transparency #Quality and #Innovation !
SwissBorg Wealth Management mobile app, freshly released last March, is an innovative Smart Engine which is able to assist all cryptos-investors in offering transactions in less than 1second, that with simplicity, represent the best investment you can expect from 4 different exchanges at the same time. Step by step, SwissBorg is increasing its service offered with listing up to 15 different most promising cryptos, and for instance the last one but not the least, an amazing Smart Yield service which is a passive income program able to deliver a performance up to 20%/year on USDC, and very soon to be extended to other stablecoin, BTC ETH and CHSB as well.
The explicit added value of such app did not spent too much time to convince almost 80000 users to use it on a daily basis, who did not hesitate to entrust them with deposing more than 175M$ of assets under management, wouhaou !
November 6th was an important day of the breakout of the major resistance in Weekly: It means that we broke the line composed of the ATH of mid-june and the next one end of august : it was a launch of a new Bull long trend, we are still in today at the end of this year !
Fundamental Analysis
👉 BULLISH
From Fundamentals we are extremely robust as the acceleration of users adoption is very significant : Week after week we just discovered more and more attractivity and users are starting to promote the project to their network, about the huge benefits they grabbed from this amazing app. by saying that, I’d like to insist on the fact that SwissBorg is working with a similar strategy approach then other big successful companies — FaceBook, Amazon, AirBnB, BlaBlacar, Uber and few others — who made huge historical successes based on community strengths!
Besides that, the Quality of the product is there, scalability is one of the most important points for which SwissBorg is not negociating.
We can say that: Even if some releases can be postponed for a couple of weeks, the quality is there and as investors, we always benefit of it!
For almost a fortnight, we are testing the Smart Yield service and we can say that from 10 to 12 days we received a daily performance aligned with 20%/year on average! Top !
It has been announced that the Smart Yield will be extended to other cryptos then we can easily imagine an interesting use case for SwissBorg lovers and investors : Investing on CHSB, becoming Premium and possibly belonging to the VIP club of the 3.5% of members soon upgraded to Premium Plus, and placing extra CHSB (upper then the 50k CHSB for stacking) in such efficient passive incomes program will generate huge demand on CHSB.
In the meantime we know that new Premium who exploded those last days (+222 in a week, +50% vs the week before) has created a significant increase on CHSB Staking Volume (+11% in a week) and then reducing clearly the circulating supply and creating a distance between low offer and Huge demand… then, mechanically speaking, the price has entered in a quicker bull run
If you add to those fundamentals, the recent official communication of SwissBorg about upgrading current Premium to the VIP coming Service (Premium Plus), it has created a kind of healthy Fomo effect, which is also part of the current run we met from the December 18th, around +65% of valorization in 5 days !
A great Christmas gift for all the investors who trust in SwissBorg.
Last but not the least : SwissBorg is currently the 3rd best perf of the year in Crypto, with +2404%/365days (behind Lend(Aave) and Kusama (KNC).
From Fundamentals, all KPI are green!
Technical Analysis
👉 BULLISH
From technical analysis, on CHSBUSD weekly time based, we are more than clean in terms of price evolution and chartist perspective: We already ran 3 different bubbles, and after the first ATH mid-june, we entered in a healthy consolidation phase for a couple of months. I personally expected this breakout of triangle happened in November the go signal for launching this current strong bull run we are in.
In H4, we are currently moving up from mid-december, with again a clean behavior in terms of alternance between small Bull and bear movements. In case of a breakout of the last ATH (0.2939$) we might imagine a continuation as the first objective towards the 100% extension in Fibo around 0.34$!
Before ending this Technical analysis, I found interesting to take a look to CHSBBTC as well as we observed a specific level to be tested very soon. As key point we can also noticed that CHSB from mid-october has kept its level even if BTC was moving in the bull direction, a good point to announce this insane current bull run
See you soon for a new analysis!
#WeAreSwissborg, The Future is Bright!
Rémy
About the author
I’m Remy, I live in France, I’m a freelancer working to help companies with their digital transformation and also I’m an investor and have traded for over over 20 years including experiencing the Dot Com Bubble in the 1990s…
I’m very supportive of the SwissBorg project. It is one of my favourites when it comes to building the future of the economy and wealth management. It is innovative, simple and efficient!
The SwissBorg Wealth App offers one of the best experiences for buying/selling cryptos and making the value of your digital assets increasing. Use this link to discover this amazing app. Sign in with your phone number to obtain your dedicated download link and taking a chance to win a bonus of up to 100€ in crypto, Be welcome in the adventure!
https://bit.ly/airdropJusquA100eurosenBTC
About the wealth app adoption weekly metrics, French version: https://swissborgmania.landen.co/Analyse-Technique
Other languages version via google translate: https://bit.ly/EN_CHSBMetricsnCharts
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Disclaimer
The information provided in this document is produced by passionate and active contributors from the SwissBorg DAO. This Content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Please consult with an accredited financial advisor before making any investment decisions and ensure that you conduct your own research.
