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cointrader11
Mar 4, 2016 5:04 PM

Namecoin / Bitcoin  Long

Description

I see a coin getting accumulated at an All-Time low with relatively flat market structure and consistent volume. If you look over at Poloniex, somebody has been getting bids filled at these levels consistently for a few months. The same occurrence is happening with Litecoin at the moment. A whale is getting hundreds of Bitcoin worth of LTC filled at current levels and market structure is relatively flat with consistent volume.

In my opinion, big BTCe players are accumulating LTC, NMC, and PPC. I think Poloniex could contribute to the volume this year with the influx of new money and the addition of volumizer bots. Could make for the perform storm.
Comments
AriPole
What's the target?
cointrader11
$8
AriPole
Is that with a bitcoin bubble or with bitcoin in the 400s?
cointrader11
With Bitcoin breaking $500+ yes
onemanatatime
Looks good, and still a few weeks to accumulate before it explodes.
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