BLK BLACKCOIN USD : MULTI YEAR FALLING WEDGE 200x TARGET $3.5BLACKCOIN BLK has been consolidating for years since its major run back in 2017-2018. The correction is almost over there may be a wick or two down but I believe we should be headed up fairly soon. This along with many other coins/ projects are in the same position now, that had their major run in 2017/2018 and consolidated for the last few years because of how fast they went up and now are primed and ready for their next move up. BLACKCOIN is one of those projects that took off and had a massive % run up and now its correction is over. My target is in the $3.50 USD range in the next run up. I have done many other chart analysis on other projects that I believe are sleepers, check them out. BLACKCOIN as well as the others I am doing charts on still have a very active team and Twitter. they haven't stopped working all these years while the price consolidates and redistributes. Plus BLK has been around since 2014 and has proven the test of time. Also with the new executive order on Crypto, they are going to attack Proof Of Work for environmental reasons, and Blackcoin as well as many others are Pure Proof Of Stake or similar. I am loading up on all these because the reward to risk ratio really good at these prices. BLK is at almost its original start price, the bottom is definitely in. This is not financial advice this is just my opinion and what I am doing. If you find this content useful then please leave me a like and follow for more updates and analysis. Thank you
Blackcoin
BlackCoin (BLK) Grows 235% In 3 Days, 350% More PossibleBlackCoin (BLKBTC) today hit its highest point since June 2019...
We have over 230% increase in price in the past 3 days...
This is a strong bullish development.
We have a really strong volume.
All resistance being taken out.
A bullish MACD.
The RSI off the chart (90+).
Things are just getting started.
This is only the beginning, when you zoom out you can see that we are looking at the bottom part of the chart...
Total potential profits from the current price to ATH (Over 13000%)
Namaste.
BlackCoin Strong Breakout Developing, Huge Profits Potential (22BlackCoin (BLKBTC) is producing a very strong breakout now with over 80% of growth... This is the daily chart, so the following signals are really strong.
BlackCoin (BLKBTC) Signals
We are seeing the highest volume since early June 2019 and it is likely to go higher.
The MACD is on the bullish side and allows for plenty of additional growth.
The RSI is super strong now above 75. (Above 50 is bullish for us).
Closing above EMA200 (orange line / 0.00000803) on this timeframe, would be really bullish for this pair and can push it much higher.
We have an active trade for BlackCoin (BLKBTC) which is now at 85%+ of profits... Take a look at it here:
Feel free to message me for questions or leave a comment...
Namaste.
[BLKBTC](409%-4630%) BlackCoin Proof Of Stake ProjectBlackCoin (BLK) Overview
Think of it like a peoples bank. Your accounts cant be frozen, it is completely and always free, it is anonymous, much more secure than traditional banking and payments can be sent to anyone in the world within seconds.
Anyone can create an account just by downloading the software. This bank has no owners and cannot be shut down. Because it is peer to peer, it is completely transparent. There is a limited supply of coins making it valuable and a great store of wealth like gold. New coins can only be generated by the networks 1% rewards.
So welcome to the future of currency!
Safe, fast, secure, anonymous, exciting and most of all fun!
BlackCoin (BLKBTC) Chart Analysis
BlackCoin has been around since 2014. It has been consolidating since it hit a low on the 12th of July...
It can easily move higher, long-term, from current price levels.
BlackCoin PREMIUM Trade by Alan Masters
Buy-in: 0.00000480 - 0.00000540
Next support: 0.00000410 - 0.00000460
Targets:
(1) 0.00000600
(2) 0.00000725
(3) 0.00000810
(4) 0.00000925
(5) 0.00001050
(6) 0.00001120
(7) 0.00001250
(8) 0.00001425
(9) 0.00001590
(10) 0.00001770
(11) 0.00002280
(12) 0.00002610
Longer term
(1) 0.00003910
(2) 0.00006000
(3) 0.00009400
(4) 0.00012200
(5) 0.00015000
(6) 0.00019000
(7) 0.00024222
Profits potential: 409% - 4630%
(Buy-in calculated at 0.00000512)
Stop-loss: Close weekly below 0.00000350.
Capital allocation: <5%.
LONG-TERM COMMITMENT
What is the key to success when aiming for long-term growth?
Long-term commitment, consistency, dedication, and love.
Namaste.
BlackCoin ($BLK) A Proof of Stake Coin 1% - 8% Per Year!Based on their website data:
-Blackcoin was the first coin to go full proof of stake.
-It is also the worlds first coin to have working smart contracts.
-In early 2014 Blackcoin was the first coin to combine POS with a multipool. It was so powerful it was nicknamed the "Blackhole".
THE ANNUAL INFLATION OF BLACKCOIN
It is a fixed amount of BLK due to static block reward, and a slightly less inflation rate year on year because of that.
The block time target is 64 seconds, so working that out per year (60/64 x 60) x 24 x 365 is 492750 1.5BLK block rewards in a year which is 739,125 new BLK per year roughly. As of right now, 739,125 is 0.972% of the total supply of 76,034,138BLK.
This 0.972% is distributed to only fraction of the shareholders, the ones who stake. The reward rate is above 1%, average 4-8% annual depend on time and amount of BLK staked.
That means if only 20% of coins were being actively staked, you could actually get around 5%/year for continually staking, since 80% of people (avg) weren't staking and get nothing.
Latest update of them on their official "Binaries of Blackcoin-More for #Linux, #Windows and #Raspberry Pi are already being tested. For #Mac OS soon, too." Their progress solid so far, even though looks like for the last few months don't really consider this one just like i'm, but i think you need to consider to buy the dip because this just might be dark horse candidate.
From my perspective, all it takes to rebrand and continue to develop their products.
Targets just follow fibonacci. Will post a closer look on the update below.
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TIPS: PATIENCE & PERSISTENCE ARE KEY TO SUCCESS
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
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Blackcoin The Hidden Gem: +7000% potential!Blackcoin The Hidden Gem: +7000% potential!
Warren Buffett:
“ We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”
Sir John Templeton:
''Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell. ''
''If you want to have a better performance than the crowd, you must do things differently from the crowd.''
''The four most dangerous words in investing are 'This time it's different'.''
Alan Greenspan:
''Amateurs want to be right. Professionals want to make money.''
BlackCoin Nearest Upside TargetBlackCoin formed a strong bottom near $0.12 area, which has been rejected at least three times. After the final bounce, occurred on the 13th of July, price started to move up, breaking above the uptrend trendline and then under the heavy volume broke above the 200 Moving Average.
Seems that strong upside momentum has been established and the corrective wave up hasn't ended yet. The nearest support at 38.2% Fibs, that is $0.17 has been rejected, and if BLK/USD will not break and close below the $0.162 low, price should continue moving high.
The nearest resistance is seen at 127.2% Fibs applied to the current corrective wave down. This is the $0.21 level, which previously already acted as the resistance.
Break and close below the $0.162 could send price a little lower, towards 61.8% Fibs at $0.15. But if BLK will go below, bullish outlook shall be invalidated and consolidation could start.
BLK - Good EP for 200%The next candidate for the bittrex trading platform is Blackcoin BLK
In the H4 timeframe, we find that there is still a lower EP than the current area to create a good bottom for the slight gain in this area.
The big bottom for the BLK is about 500 sts, so put SL for each of your transactions
EP 1: 1524
EP: 1290
TP: 4246
TG: 5092
Wish you successful trading
Trade + group
The History of Vericoin Vericoin started in 2014, essentially as a Blackcoin clone (if memory serves). The development team (Patrick Nosker, Doug Pike, and David Boehm) has been very active over the years and still all work on the project.
And the price: Looking at the chart, you will see five (5) price bubbles I am calling attention to since 2014. Since then, the price has never really dropped below 2000 sats, and bottoms are typically found around 4500 (the red accumulation rectangle). These bubble cycles vary, but seem to last around 1 year; we are currently around half a year on the downward trend of a cycle. If you were to average in between 4500 and 2000 sats on your buys, you would have an average buy in price of 3250. Based on the history and using 3250 as a base, this coin has a high likelihood of a jump to at least 200%. I see at least 5 times it has entered and exited the accumulation zone and hit this 6500 level. Additionally, I see 10 times it has broken the 13000 level (400%), and Four of the Five aforementioned bubbles have broken the 26000 level (800%).
This is not investment advice, but the history is evident. Do your own research and good luck trading.
BLK Black Coin Idea - 75% potential Disclaimer: I'm holding BLK and this is not financial advice! Just an idea!
Entry: 3250 - 3500 sats
SL: 3000 sats
Target 1: 4100 sats (20% profit)
Target 2: 4550 sats
Target 3: 5100 sats
Target 4: 5700 sats (75% profit)
Target 5: moon? (I'm keeping at least 25% of what I have until the next moon phase )
Exit the trade whenever you feel comfortable with your gains and djust your SL accordingly with Fibonacci when hitting your targets!
I wish you all excellent trades!
btc tip jar
1Bw1HUR3eehxTfhQzEWsGAP7XorGGx5rhQ
BlackCoin Looks Like Cup & Handle PatternBLKBTC Looks Like Cup & Handle Pattern..
Its ATH is 14k Satoshi.
Now it is in strong support level, There is a lot of chance that it will hit 5k Satoshi in upcoming days..
Let's See Whats Happening In Upcoming days..
If You Like My Ideas, then hit the like button & Follow me for latest Updates..
Wishing You Success....
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
BlackCoin Has Proved It Worthy Following the previous idea on BlackCoin , it has proved it worthy, while it broke above the strong resistance area between $0.35-0.4 and went above our upside target that was at $0.95.
Currently, BLK/USD corrected back to the previous resistance area: $0.35-0.4 which has been rejected together with the 4/1 Gann Fan trendline. The uptrend is likely to continue, although it is questionable whether BlackCoin will manage to produce a new all-time high or will form a double top at $1.25 near the previous high, as this is where the first strong resistance is. Break above the $1.3 should confirm a long-term uptrend, while the break below the $0.36-0.44 support area could invalidate bullish outlook.
BlackCoin on 375% Profit Potential - WATCH CLOSELY (HIGH RISK)This is a low volume coin that has good 1 D MACD signs - fantastic 1 W MACD signs
In addition if we follow historical analysis, this coin performed fantastically in the prior month and with recent breakout confirmation we can expect profits within the blue rectangle
INVEST ONLY WHAT YOU CAN AFFORD TO LOSE
BlackCoin [ BLKBTC] | [+1300% potential Profit]tip: if you like my analysis and want to be up to date over your targets and the price movement -> feel free to follow me
Idea
Active project, proof-of-stake (reward of up to 8% interest annualy) and it's an anonymous coin!
Coin has good previous movement with high fibonacci levels from own power.
Technical
1d chart:
MACD: is about to cross over
RSI: rising up!
STOCH: rising up!
= bullish will start out after market stabilization, it makes 13,76% (while im typing, during the whole market loses)
weekly chart:
Looks promising too.
MACD: is in positiv movement without any signs of reversal
RSI: was struggling but is rising again (long term)
STOCH: the same as RSI
Buy-In
0.00004600 - 0.00006000
Targets via fibonacci
1 | 0.00011181
2 | 0.00017529
3 | 0.00022660
4 | 0.00027791
5 | 0.00035096
6 | 0.00044400 | old all time high
7 | 0.00071273 | new all time high <— Fib. 1.618 extension
We can reach our target really quick or it can take some time to develop.
Patience is the key.
The higher targets are only for long term (usually)!
Warren Buffet: “The stock market is designed to transfer money from the active to the patient.”
Conclusion
Invest relax & earn.
We only trade for profit, never for loss.
BlackCoin - Good BuyBullish signals on the daily
Cloud indicators (20,60,120,30)
Kumo crossover gives a nice bullish signal
TK cross in cloud gives a weak bullish signal
Lagging line crossed price from underneath – bullish signal
Price above Tenkansen and Kejun – bullish
Key levels of support and resistance
Green line at 4530 sats should provide nice support
Price trying to get through some heavy resistance at around 7000 sats, if it breaks through here look for a possible bounce for entry
Fib retracement shows next resistance could be as high as 10000 sats, although there could be trouble at 9000
RSI
Ship may have sailed already on this one, but price lower low, oscillator higher low
Bears are tired – Bullish
EMA
10 day EMA crossed over the 30EMA in late December
Historically this signal has provided very good indication
Most comparable is the crossover occurring in Apr, where we saw a 275% return – If youd traded almost perfectly. Here we see a current return of 150%, so we still have some way to go
For me this is a good spot for entry, look to see what happens around 9000-10000 sats
Blackcoin: Crypto WatchBlackcoin have already completed positive correlation waves in the past through long bursts. I expect that given everything going on in 2017 and 2018 regulatory wise plus this crypto's 2014 history, that another prolonged correlation can come soon. They have merchants already starting to accept them, are less than a dollar in price, and are trying to utilize a secure proof of stake protocol. The potential is mostly there. Also they past an inflection point and follow a recursive pattern given their past bursts. I believe even if you invested mid 2018, that it can still be profitable throughout the coming year for next target. This is medium to high risks but have a 150% potential gains possibility. (Crypto wise) Invest in your own risk.
BlackCoin VS Bitcoin Upcoming WaveBlackCoin rejected the 227.2% Fibonacci support applied to the corrective wave after the 200 Moving Average was broken. After bouncing off the 1.9k satoshi support, today it went above the minor resistance at 2.5k satoshi and very likely to continue the correctional move up.
First resistance is at 61.8% Fibs retracement level, that is 5.7k satoshi. Break above that resistance should result in more growth towards the previously formed resistance around 8k satoshi area. Break above that resistance could establish a longer-term uptrend, but it yet to be seen how BLK/BTC will react to these obstacles. A daily close below 19k satoshi could invalidate bullish outlook and send BlackCoin slightly lower.