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...
anyway, taking a look, and probably similar to other alts, bottoms should be in next few days before/near/on end of month, and imo we should get some face ripping pumps next month.
i expect first top of xcp to be mid/late next month, and then lets see what happens. Decided to look at the chart again after the guys putting a few btc on polo and trex at...
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...
Coin Name: Counterparty.
Xcp is one of the most interesting coins that anyone can easily profit from,well not very many people know about it.
Not once or twice have I participated in buying xcp at its all time lows and sell at my exit targets. It can be a good 1000% profit on a good day and roughly 500% on a rough day. The questions is do you have the time and...
Be carefull with your position. Bough 10% higher from current price and unfortunately going down, no proper stop loss in place :( !!! Placing low bids and patience is key in a bearish market. I'm sure none of you want to lose funds by buying high and selling low :))).
Counterparty big symmetrical triangle is presently at last wave, any moment from now it will break and all indication pointed breaking up.
Entry and exit targets are clearly started on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: STOP LOSS LEVEL
GREEN: SELL TARGETS
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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 is a coin that you should put a small amount in and set sell orders at 2x. This coin has fell into the last support it has and cannot go much lower. Smart to accumulate at these prices and wait. Moon or Doom.
$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!