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TheTrex
Jun 25, 2017 1:04 PM

XBC BitcoinPlus - Ready to rock? Long

Description

Longterm triangle closing in again. Last time when XBC went up 3000% in one day, bitcoin had severe uncertainty about a potential hardfork. Now considering that bitcoin is topped weekly and showing bearish signs this might be the perfect time for XBC to break out and retest higher levels. We can break out early, just keep an eye on it.

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Possible entries at 0.04050-0.04100

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Probably another leg up from 0.04200

Trade active

Ready to break out even more!

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Outbreak alert! :)

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Went up great, now needs some consolidation. Think we topped earlier.

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Facing 0.05300 Resistance, this would be a point to short.

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Looks like XBC is trying to go up again.

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Whole market is retracing, buy support will soon be gone. I'm out.

Order cancelled

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Wow even TP2 reached! Real dare devils go for TP3, I was already out on TP1.

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XBC going up once more.. Final leg or more to come?

Trade active

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Final TP at 0.13!

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Looks like the whale who was playing with it pulled the plug or dumped his bags..

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Went parabolic, not sustainable

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I would advice to get out.

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Might buy the dips on this one.

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Should stay in this curved channel, which direction will follow i'm still not sure about.
If the walls get pulled away then its bad..

Trade closed manually

2 Target points reached. Who drove along from the start congrats. I'm out.

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XBC bottom was 0.0440 should retrace up a little from here.

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It did retrace to 0.062! Don't know if this will continue, probably not.
Comments
nader119376
Scaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaam Coin
2014S
CLEAN!
Tamadon
Been watching this for a couple of days but now I don't have money to buy. Should I sell my stellar at a lost and enter this? :(
TheTrex
@Tamadon, No I would not recommend to enter this now.
Tamadon
@TheTrex, ok noted. Thanks.
Tamadon
@TheTrex, oh would you mind explaining why this won't follow the recent price movement? Do you think an entry will open at lower fib level?
TheTrex
@Tamadon, History repeats, thats what you need to know..
Reddi_mrp
Is there any possibility that Bitcoinplus will rise in near future?
Reddi_mrp
@Virus2u, Can any one of you help me with the info...
Reddi_mrp
@Virus2u, What is happening i lost completely ...
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