This is based on my previous trade idea but it's 1 : 23.61 Risk to Reward setup in weekly prospective. In this trade we work as counterparty for all speculators 😉
I'm back 😉 This is 1 : 17.57 Risk to reward trade idea.Invest what you afford to lose.
Talk about a micro cap forming a beautifully technical rounding bottom. Waiting for price to set up a new 69-day high before considering buying. Incredible risk-reward if you are willing to hold this position for a long period of time. This is a token from a delisted XCP (counterparty) blockchain. Proceed at your own risk. BITTREX:FLDCBTC Market Cap:...
This is a beautiful chart that has shown an ABC Elliot Wave correction. It has a strong support at 60k satoshi since that is the coins ATL (All time low). it also matches very well with the fibbonacci theory of shorting the falling trend (surprisem surprise) It has tested the support once, but had a quick bounce back to 70k-ish levels. This chart looks like its...
Counterparty (XCP) is one of the older cryptos that has been around since 2014 and it has survived through many market cycles. The prevailing notion is that XCP is at long-term years long support and should go up from here. However XCP has struggled to rally from these "guaranteed bottoms" and faces significant resistance above current levels. I see a possible...
Lime green box is buying on tested support. July 2018 newsletter: counterparty.io Newly released block explorer: xcpfox.com This shit is over four years old!!!
At the beginning of April Counterparty rejected the long-term uptrend trendline. The price went up from $10 to $23, after which another corrective wave down followed. At the end of May, Counterparty rejected the long term uptrend trendline once again suggesting yet anther wave up. The resistance is seen at $31, which is confirmed by two Fibonacci retracement...
Some powerful criterias matching here and that makes this trade pretty good! 1. Trendline bounce 4x 2. Resistance becomes support & support matching with Fibonacci 62% rejection level! Let's see how it plays out! Good Luck!
Counterparty seem to find the bottom near $10 psychological support area. Price has reached the low at $9.63 where it rejected the uptrend trendline. Current price action suggests that the long term uptrend is likely to continue, especially after the 50 Moving Average has been broken on a Daily chart. There are two resistance levels to watch, first is 76.4%...
$XCP is being used by a lot of coders for different projects. So 300% is not out of the question for it, especially based on its historical data. I got mine in the blue box and we just touched the top of it, so get a good entry.
Counterparty seem to have found the bottom at BTC 0.00133, as after bouncing off that level price started to produce higher highs and higher lows. The break above the downtrend trendline as well as 50 Moving Average suggests that it could be an attempt to revers the trend to the upside. The uptrend trendline is being rejected and today XCP/BTC broke, and...
Long from 0.00187400 to target price of 0.00298934. Profit taking at flag breakout price target, resistance point and exit the trade at the chart filling target price.
Accumulation Time. XCP is one of those older coins on Bittrex + Poloniex that pumps 4x very quickly during alt season. Buy: Under .0017 Target: .00345 / .0051 / .0063 / .0075 / .009 / .0114
This coin has done this time and time again. Ive modeled what the pump should look similar to as well as some targets. Be aware of the 200 and 50 MA on your own, that should signal confirmation.
XCPUSD has ended a cycle on 12/02/2018 high at 97.60. Since then, the token has developped a double correction structure through 17/01/2018 low, 23/01/2018 high and we are in the final leg. I called the first cycle of this third leg completed at 02/02/2018 lwo followed by a FLAT that ended at 39,657 high on 16/02/2018. From there, I can see a wave 5 possibly...