Counterparty and the mickey fractal. A "LONG" lovestory.As I would prefer to keep this description box clean, and let my fellow traders figure it out themselves I will keep it short but powerful (dutch expression, lol).
To be seen in the chart; a massive "mickey fractal" to which I will share a link in the appendix that refers to this magical fractal that is to be spotted frequently in cryptocurrency. Charts become wisdom when specific mighty fractals are spotted- this is one of them. Counterparty has been accumulating for years which can be seen in my previous XCP chart, and now- on weekly/monthly basis a breakout is very near; perfect in line with the massive altcoin breakouts that WILL be happening STARTING this/next week. Bear in mind, this is a logarithmic chart- VERY rapid huge movements will occur. As I would say;
Anticipate the movement,
The end is near.
When bulls remain bulls and bears become bulls,
Pull the trigger or all shall lose.
Be careful, be long, but not too long.
Kind regards,
Gabriel Molenkamp
APPENDIX
Mickey fractal comparisons;
1. twitter.com
2. twitter.com
PS: This is my trade, and is not meant as advice.
Molenkamp
Bitshares! Time to party like its 1999 $BTSBTCGood evening followers,
Today I am providing you, a high timeframe chart of Bitshares. Indicators are starting to look very promising, as is the chart. After having broken the longterm wedge, BTSBTC has transformed into a fantastic bullmarket, showing beautiful potential for significant gains. As mentioned above, this is a high timeframe chart (1d), to which I will be trying to ride the big waves. The fantastic crash cycle has ended, and is ready for a fresh new start- having seen the first wave to which we are breaking out . As volume is gradually decreasing as we move up, I am expecting a massive volume surge within coming week, breaking out of current levels (upwards).
Thanks for reading, may you have any questions or remarks feel free to post them beneath!
Kind regards,
Gabriel Molenkamp
Counterparty [XCP] - The exponential late bloomerGood evening dear followers,
Tonight I provide you my favourite investment for the coming week(s), namely; Counterparty . With the growth of the whole altcoin scene it is inevitable to predict growth in specific altcoins, though I still try to stay rational and seek for undervalued beauties. In this case we stumble upon Counterparty. As to be seen in the chart, the longterm wedge is being broken (purposely drawing the line through unnecessary wicks/daily (shakeout) closes due to irrational market behaviour. XCP has not gotten off the ground yet, and is mainly awaiting to be fuelled by positive news that is occurring at the 22nd of May. On this day, Counterparty will execute a hardfork which will add several features including a massive transaction cost reduction throughout the chain. On a further note, SEGWIT seems to being added in the near future. Bear in mind that these two fundamental news, will form te foundation of Counterparties' extreme incoming hype, which will result in massive volume increase as well as a surge in prices. First target is the first fib target, from there retrace before the next legs up will occur.
I hope to have informed you properly enough, may you have any questions feel free to drop them in the box below.
Trade cautiously and may the profits be with you.
Kind regards,
Gabriel Molenkamp
Appendix
counterparty.io
NEXIUM - IRRESISTIBLE RESISTANCEDear traders,
As the weather conditions are fantastic in the Netherlands, I have been trying to figure out a couple of fantastic charts that may be worth to share with you. Introducing to you; Nexium. As far as I know the fundamentals should be quite fine- however my trading philosophy is; News follows charts. Trying to find structures within charts, aiming for shockwaves, consolidations and accumulations. Now, to get this chart into perspective; as you could see Nexium has been under severe accumulation (green and blue circles) while maintaining the longterm uptrend. As to be seen touching the orange line at the end of accumulation, shooting up with aggressive volume it seems the market seems ready for extensive legs up.
Our first point of resistance will be at 0.00008978 to which in my opinion it is likely to burst through that level aiming for the All-time-high (MAJOR) resistance of 0.00012426, touching the majestic mathematical wonder of Fibonacci ^1. After a retrace I am expecting the continuation of the bull market, aiming for significant gains in rather short time.
Bear in mind, these views are my own and should be taken as advice with CAUTION.
Trade carefully and I would like to hear from you (in the comments). Feedback and discussions are warm-welcomed.
Kind regards,
Gabriel Molenkamp
disclaimer: had to repost this one from yesterday due to the fact that vers 1. has been removed. The entry was at ±0.000078
DASHBTC - Perfect crash cycle. SHORT!Salut readers/followers,
As seen in the chart, DASH has had a fantastic run breaking amazing new all-time highs in a very short period of time. The growth has been beyond most expectations- showing exponential movement on the upside. As noted; the crash cycle is absolutely perfect. A double top resulting in a drop, with a denial yet to come. Be aware!
Trade cautiously and happy trading!
Kind regards,
Gabriel Molenkamp
A Litecoin perspective to light up your dayDear Traders/Followers,
Hereby a chart to share with you. LTC/USD ratio. As I have been accumulating Litecoin silently in the past months the time seems finally ripe for extensive movement. As to be seen in the chart, it is both the end aswell as the beginning of the old and new crash cycle. Chasing these cycles seems to pay off big time, while the psychological aspect might be killing- it is of essence to stay rational and buy where the dumb money is to be found.
As credited by Baron Rothschild, an 18th century British nobleman and member of the Rothschild banking family: "The time to buy is when there's blood in the streets."
Furthermore LTCBTC ratio seems extremely ripe. REMEMBER, once LTC moves- it will be incredibly swift. Leaving those who want to jump in on the train too late to join.
Trade cautiously and enjoy,
Gabriel Molenkamp
