I have been watching this coin for a while now. Currently around 81 million market cap! Risky trade but completely unpredictable and fast! In other words you should expect a full joy-pain ride with this one :) I calculated two possible paths as long as BTC stays stable! This coin is not for the faint hearted! I will update this chart as we move along.
** This is not an investment idea. Only trying to pass my vast trading experience on cryptos to newcomers and less experienced traders. My predictions based on calculated reward Risk ratios. I can not be right all the time. So far I have very high percentage of success of predicting. Once you click buy button you are doing it with your own will. Nobody can force you to buy and sell but yourself. Please comment below and click like button to support my efforts.
** This is not an investment idea. Only trying to pass my vast trading experience on cryptos to newcomers and less experienced traders. My predictions based on calculated reward Risk ratios. I can not be right all the time. So far I have very high percentage of success of predicting. Once you click buy button you are doing it with your own will. Nobody can force you to buy and sell but yourself. Please comment below and click like button to support my efforts.
Comment:
Well bitcoin went up to 53k and most alt coins did not react to it yet. But again this one is a bit explosive when it comes to making moves. I am expecting big candle out of nowhere!! soonish! Currently at $13 :)
Comment:
We did break out of the triangle but not towards bottom or top. Last few days price action was trying to lower but the buyers not letting price action to stay below $12 level. We may still go down but It is very much unlikely at this moment. I am still waiting for the big green candle patiently. My current targets are $20 then $30 level .
Comment:
We still have no luck. Every time we try to go up some inexperienced freaked out trader(s) trying to sell like madman. However it appears to be some big volume traders accumulating this coin quietly. When the time is right they will destroy the weak hands and move up very quickly. if you are not willing to wait through painful unknown times, just quit and buy something else because constantly buying and selling will not work in this trade due to volume.
Comment:
Finally we are moving!! I was not kidding about joy-pain ride. Big green candle!!! If we keep this momentum first immediate target will be $20 then $30.
Comment:
we almost reach the first target $19.6 close enough! But there are lots of impatient traders. We are back to $13 again thanks to impatient traders!! I am patiently waiting for now ! we seen what this coin can do in very short time!
Trade closed: target reached:
After reaching target (olive color) I though we would correct a bit and continue to move up like other coins but prom's traders are super impatient. So $30 arbitrary target may or may not happen. We are in range trading with this coin $10-$20 constantly like cat and mouse. Not my style so I will pass this opportunity but some day traders may find this coin very very useful. This coin easily pulls 100% spikes in few hours out of nowhere.
Comment:
Somebody piling up buy orders in Binance. I can literally see nearly half a million buy orders. If this coin does not move after this , I will never ever touch this again. I have been holding this patiently. It is either now or never!
Comment:
I am officially done with this coin. Even if it goes up to $million still not going touch! Fake buy and sell orders out of nowhere . Orders disappears in to thin air!
Comment:
I WILL NEVER TOUCH THIS AGAIN!!!PERIOD.
Trade closed: target reached
Trade closed: target reached:
One note. Even though this coin touched $50. Still not recommending it. Real questionable buying and selling activity. Normal coins does not pull 5x in 2 hours.