$PINK's flag has maintained near perfect shape. I suspect a couple more days of horizontal before its next move.
Of course, the risk is that this coin has a low market cap. But when I look at coins like $GAME and $NAV, I feel confident that there is another big move coming soon.
I also believe that whatever $PINK does, $XVG is going to follow suit.
The recent price increase for $PINK doesn't appear to be just a random pump & dump. To summarize the recent activity on $PINK, the price went from a low of 13sats to a high of 34sats. Then, over the past week, the price oscillated between 23sats and 28sats, forming a bull flag.
While bull flags aren't completely reliable, my opinion is that this is rather...
Alt Coin Analysis - Points out of 10
Date : Since 2015 ( 7 / 10 )
Volume 24 H : 0.13 BTC ( 1 / 10 )
Available Markets* ( 1 / 10 )
Social Media Rate ( 4 / 10 )
Ranks ** - 720 ( 2 / 10 )
Website ( 3 / 10 )
Type Donation Fundraising Platform
Overall ( 1 /10 )
At 23 satoshi? Great Risk & Reward. Otherwise, no need to take a risk! Delisted on POLONIEX
Many of non premium members wanted me to share my opinion on pink
as quite a few channels shared a long call for pink/btc pair.
Well for now i clearly see it forming a bearish structure and would advice not to enter the trade for now.
Given BTC's recent bullish movement I suspect most alts are finally about to see some sustained positive action. The fibonacci extension to the right is the length of XA starting from point D in order to determine common targets beyond the obvious A, B, and C points. 1.27, 1.618, 2.27, 2.618, etc for more aggressive targets based on this pattern.
Not much more to say, really. I've gone on and on about this one on twitter, steemit, and tradingview for over a year.
Edit: Actually, I always forget to indicate where my theoretical stop-losses would be, I think because I've been HODLING almost everything for far too long, just watching and waiting for last year's intended short-term trades to finally play out....
I've been watching the charts very closely for over a year, due to being heavily invested and extremely bullish on the team and the coin's fundamentals. I expect all the upper targets to be hit within a year, hopefully much sooner.
Buy between: Blue zone
Take Profit target 1: 436
Take Profit target 2: 505
When PINK/BTC can close above the NEW high - which is 307 - then we can see an nice upwards movement!
PinkCoin/BTC Pink’s Massive Wedgies!
PinkCoin/Bitcoin 05/08/18, 9:20 p.m. EST, by Michael Mansfield
PinkCoin represents the color of compassion, ultimately seeking to be a universal donation token tied to a blockchain potentially to better follow the money.
Currently, PinkCoin has two significant wedges that could potentially propel it to 400-500% gains, or...
Currently in accumulation, will break out when it closes above that line. No idea how to figure out a target for it though. Presumably the target will be decent since it made a HL on HTF (assuming the higher low is respected before it breaks upwards anyway).
These undervalued pink coin has been down for so long ,possibly due for a breakout let us all take advantage of these coin and take it to the moon, i can assure you one 100% your crypto life is going to change in just an instant