The Trend is your friend (Belacoin Update 4)

Hey guys, another quick update on the Belacoin trade. In my last three posts I recommended an investment in Belacoin. I am still invested and the chart is looking very promising. The first resistance level at around 0.00011btc has been taken with one great upmove, awesome!!!
Belacoin piked at its first move at around 0.000132btc, and is now building a nice support level on the previous highs around 0.00011btc. The Trend is your friend, is an old saying, and therefore the chances of Belacoin gaining further momentum is very likely. I can see the next Target till the end of the week at around 0.00015btc.
The bounce in Belacoin started on June 16 from the 200 day moving average line, nice setup!!! I bought a small position at around 0.00009btc. When Belacoin jumps up, it could give us some good gains, because of the small marketcap of only 8,5 million dollars.

https://steemit.com/trading/@masterthematrix/trading-idea-belacoin-is-looking-good-to-break-resistance-update-2
https://steemit.com/trading/@masterthematrix/trading-idea-belacoin-is-looking-good-to-break-resistance-update-2
https://steemit.com/investments/@masterthematrix/trading-idea-belacoin-is-looking-good-for-another-leg-up

Belacoin has its own plattform, where users can play Bela-chess (here you can win Belacoins), and use the Belacam for uploading and sharing photos. Belacam is the most promising peace of application. Users are able to upvote photos and therefore collect Belacoins for the creators, kind of like steemit.
The plattform looks pretty good, but it is still on beta, and needs some more improvements and more support from the users.