Trade Details
This is could be anywhere from a short-long hold. It all depends on when the news comes out for coinxion (more on this below).
I really like the chart for this coin. The Fibonnaci channel seems to characterize the price movements very well. We're a little higher up in the channel than I would like to be, but with the way that the alt market has been performing, and with the above news looming, this is not something I would want to be left out of.
Market cap is only a mere $42 million, so tons of room for growth!
Entries: 2.6k, orders at 2.3k, 2k. Enter up to 3k
Targets: 3.4k, 4.5k, 5.6k, 13.2k, 17k
Stop Loss: 1.8k
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Fundamentals
GCR is an interesting coin because it was essentially abandoned by the developers, and then picked up by the community.
The coin is essentially hard forking to coinxion by allowing people to participate in a coin swap of 1:1.
This has been in the works for over a year now.
It seems the team behind this is estimating completion of this in Q1 2018 (0 - 3 months from now).
Coinxion looks promising to me because there will be an ecommerce platform for it to be used in as soon as it is released.
There's also a whitepaper and roadmap pending release as well.
All these items are known to cause tons of positive price action!
In addition to all of this, the team seems confident in being able to peg the price of this coin to a gram of gold -0.03% -0.35% (~$40).
I'm not sure how solid this plan is, but if true we could be looking at a 100x from our entry above!
Even if this idea flops, though, the above events are enough for me to want a piece of the action.
If you do your own research (as you ALWAYS should), you'll notice the team isn't very good at communicating all of this. This is GREAT for us because it means coin value is not where it should be.
Once these releases come closer I expect big upsides. Good luck!
------------------------------------------------------------------------------------------------------------------------------------------------------------------
As always, please feel free to ask me any questions you have. Always willing to have discussions with new and experienced people alike!
This is could be anywhere from a short-long hold. It all depends on when the news comes out for coinxion (more on this below).
I really like the chart for this coin. The Fibonnaci channel seems to characterize the price movements very well. We're a little higher up in the channel than I would like to be, but with the way that the alt market has been performing, and with the above news looming, this is not something I would want to be left out of.
Market cap is only a mere $42 million, so tons of room for growth!
Entries: 2.6k, orders at 2.3k, 2k. Enter up to 3k
Targets: 3.4k, 4.5k, 5.6k, 13.2k, 17k
Stop Loss: 1.8k
----------------------------------------------------------------------------------------------------------------------------------------------------------
Fundamentals
GCR is an interesting coin because it was essentially abandoned by the developers, and then picked up by the community.
The coin is essentially hard forking to coinxion by allowing people to participate in a coin swap of 1:1.
This has been in the works for over a year now.
It seems the team behind this is estimating completion of this in Q1 2018 (0 - 3 months from now).
Coinxion looks promising to me because there will be an ecommerce platform for it to be used in as soon as it is released.
There's also a whitepaper and roadmap pending release as well.
All these items are known to cause tons of positive price action!
In addition to all of this, the team seems confident in being able to peg the price of this coin to a gram of gold -0.03% -0.35% (~$40).
I'm not sure how solid this plan is, but if true we could be looking at a 100x from our entry above!
Even if this idea flops, though, the above events are enough for me to want a piece of the action.
If you do your own research (as you ALWAYS should), you'll notice the team isn't very good at communicating all of this. This is GREAT for us because it means coin value is not where it should be.
Once these releases come closer I expect big upsides. Good luck!
------------------------------------------------------------------------------------------------------------------------------------------------------------------
As always, please feel free to ask me any questions you have. Always willing to have discussions with new and experienced people alike!
