Nothing Here Is Financial Advice
Please drop me a like for my efforts and/or comments for suggestions.
This could be a prime time to be a CPC investor... The falling wedge breakout compounded with an IH&S pattern with this possible bullish pennant as a right shoulder. Not to mention the 200 MA is flirting with price line. If we break out of of this zone to the...
CPC/BTC POTENTIAL PROFIT 600%. LONG-TERM INVESTMENT
BUY 00004900 - 000081000
CapriCoin, or CPC, is a crypto currency based on the X11 algorithm and is both proof of stake and proof of work. The coin has a large premine of 200,000,000 of the total supply of...
Not giving up on charting this one. Volume doesn't tend to lie and big sells are happening at these prices. Daily cloud flips soon. Expecting a bounce once the market maker is ready again. It's all up to him with low low cap coins. Patience. You would never sell this price.
CPC has taken a hit in the latest correction, it traveled all the way down to a heavy support. This means that it's a great time to buy! Short term a pump should be occurring soon. I'm thinking 1 or 2 pumps until CPC challenges the resistance area.
Target is for a slightly longer term of 2-4 weeks
The drops we have seen across the entire crypto market have been severe. I still believe we are in a bull run and this recent drop is nothing but a pullback. In CPC we see price has retreated, and been rejected from the previous accumulation zone. This are should be a heavy support and act as a trampoline for price. We will likely launch into a few days of...
I'm new to technical analysis and am putting this out there for critique, tips, and to see how accurate I am.
I have made an attempt to utilize Elliot Waves, Fibonacci Retracements and Extentions, along with resistance lines.
Make sure to enter in the target zone of Fibonacci Retracement 50 to 61.8% (price targets shown on chart).
The first target is previous...
Following the previous idea on CapriCoin , price broke above the strong resistance, indicating the validity of the uptrend. After the breakout price reached 18k satoshi high and then corrected back to 12k satoshi, where it is currently trading.
CPC/BTC is right in the support area, that is between 12 and 13k satoshi. At the same time it is right at the 2/1 Gann...
This coin is on a great run. over 130% profit from waves 1 and 3 alone. i am reopening for wave 5. targets are strictly Fibonacci based, so take them with a grain of salt. the falling blue line is a strong resistance coming from the day chart so the first target might be more realistic.
take profit at 20k, 24k, and 26k,
CPC had a strong breakout today and has pulled back hard. I am seeing an impulsive move followed by a 3-wave correction into a support zone. I believe this zone is a strong support because heavy volume took place in this zone. This is a short term trade. SL .00009
Capricoin has been range bound in a descending wedge shape for about two years. This coin has been running on massive volume. Because of the volume and the recent breakout from structure I believe we are at teh start of a new impulsive cycle.