Coin Description : The protocol’s native currency, XCP, is the fuel that powers Counterparty. It is slightly deflationary, with approximately 2.6 million XCP having been created by burning Bitcoins in January 2014. Counterparty provides users with the world's first functioning decentralized digital currency exchange, as well as the ability to create their own...
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...
rsi and stoch rsi still looks shit. i expect it to dump more however give the fact that this coin is more than 3 yrs old and it barely dipped below 0.001554 i would consider setting a buy order
you shouldnt listen to this nag here, im out trade safe
$XCP: looking great, Broke out the big falling wedge (4hr). Now again ready break out the small falling wedge, indicators are all bullish. On 1D timeframe they are so bullish. This one is ready to move another 50% or more. Buy it when $BTC dips. $XCP
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!
BITTREX:XCPBTC is coin which comes across the #Top250 Cryptocurrecies.
In past history of this coin , the Price goes from 0.002 to hit 0.007 level,
Follows the same Pattern.
Price goes from buying zone and hit the resistance level, then again came to thebottom
Now the price is almost at buying zone, just started Pumping,
As Per as Chart, in past every time price...
$xcp: @CounterpartyXCP good one to grab before altseason. Everything looks good. Falling wedge+bullish signs on Macd and Rsi. This one will go easy x5. Holding this one for a long time. Price 15$ ATH 85$. This could go easy over 100$.