Checking out multiple risk/reward ratio charts More charts to coming! :)
Peercoin made some nice move towards north lately. It seems like that peercoin lose some value against bitcoin after BTC made some new highest highs. I marked area very close to the psychological round number which is 0.00100000. Blue rectangle includes all the GAP based on weekly chart. I assume that if the pair will come closer to this level some interesting...
Dear friends! I present to your attention the idea for trading in the medium term. In connection with the latest events, for some currency pairs: LTCBTC, XRPBTC, DASHBTC and others. We have seen how the players of the POLONIEX exchange market inflate the value of these currencies. Recently, I posted a forecast for LTCUSD, which I still hold to the position that...
Just an observation.
I really like peercoin, PPCBTC for different reasons (bagholding is one), heres a chart, half inspired by Zar Nagar and Dj Thisle 2 who introduced me to the wyckoff model (this case in the chart doesnt really apply but its similar). He has a trading telegram and learn to trade forum on coinstreetnews - google it, its like .3 btc and will help you if you dont know...
Have some $PPC I didnt sell... hodling "I believe in this coin", "long term chart looks great" etc lol Anyway I hope we have reached a local bottom. Some interesting things should occur around halfing with the bitcoin mining hardware going to other coins, and the issues of more hashing power causing double spends FUD etc, anyway well see.
Attempting to break from accumulation range?
Peercoin and Namecoin have a significant price correlation due to their highest volume being traded on the same exchange, BTCe. Namecoin's recent trading volume increase on BTCe and Poloniex signals the start of a BTCe alt coin rally. There is plenty of room for the average directional index (ADX) to continue upwards with the +DI line following it's lead. With the...
example of bullish divergence, double bullish bottom now forming, before good indicator that it would break out and turns out it did, now would be a good time to enter trade for a repeat?