I started trading this instrument on September 13, 2019. Medium liquid instrument. Since September, I took all the main movements + 100%, + 30%, 80% (I took 60-70% of 100% of each movement). All trading ideas and the algorithm of work are on this site.
As a trading tool has a small liquidity, it is impossible to work with a large amount, up to a maximum of 5-10 thousand dollars. In order not to load orders on the exchange and thereby prevent price increases, you can use several exchanges to trade.
The tool is only for speculation, very profitable by the way. But this is my pure opinion, as I wrote more than once, I am very negative about cryptocurrencies.
At the moment, PPT / BTC, after a local small sideways after the dump, a slight upward movement has begun. Perhaps we are at the beginning of the emergence of another local uptrend.
If all the same, the uptrend will not develop (some kind of terrible tale will hit the market in general), then with a high degree of probability the price can be stopped in the "green zone" which has been used for almost a year as the launch pad of local pumps. Lateral movement will begin. If the price breaks through this zone, then wait for a new acceptable entry point.
Past Trading Ideas for this PPT / BTC Coin
PPT Symmetrical Triangle. The first goal is 33%. Merged into 164 X! Sep 24, 2019
1 target taken + 66%
Symmetrical triangle
2 target taken, exactly + 38%. In total, more than + 100%
PPT formed a symmetrical triangle. Target + 100% Nov 6, 2019
+ 37% 1 take taken. Squeeze (shadow)
PPT / BTC Falling Wedge. Reversal zones. Work on a coin. Jan 14 2020
Target taken + 85%
There should be a strategy and plan. At the same time, your strategy and plan should be plastic from market situations.
Trade closed: target reached
2 target taken after 12 days + 140%
Note
Cup target taken + 175%. The trend has reversed.
Note
350% after rollback to the bottom zone of the concave cup from the first pumping + 280% At the moment, a rollback occurs after the impulse. The zone of protection of the trend reversal - marked in green. At the moment the price has reached the level of 4143
Note
Note
+800%
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+ 130% from the breakdown of the resistance of the triangle. The movement is developing. We entered an important resistance zone (from the position of looking at the chart). Now the price is in an uptrend in the 3rd phase of the cup formation in the secondary trend. The resistance of the cup is the 0.0003 -0.0004 satosh zone
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