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Pink

Breakout upward from falling wedge target is around $6290So far the bottom pink trendline of the large ascending pink triangle is holding strong support helping to lift the price action up out of the red falling wedge and above the t-line(in yellow). This break upward has a projected target of around $6290 however the bears are still well in control at that point. Since this was all a consolidation pattern and the direction is continuing upward, it may not count as a higher high until we reach 6.9k however seeing the price point break above 6.4k would be a welcome sign that we may see a continuation of the uptrend. I think it is possible we could continue to see the price action head towards the top of the pink ascending triangle to its top trendline but we will have to wait and see. For now at least in the short term until the 4hr stochrsi and rsi are overextended we will be going up at least temporariiy(to 6290)...in the longterm bears are still currently in control. So because of that dichotomy I'm leaving this idea neutral. Cheers. *not financial advice*
BITFINEX:BTCUSD
by DrDovetail
PinkCoin/BTC (PinkCoin) Pink’s Wedgies = Massive Upside Potent! 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 much more if both wedge/triangle resistance lines are broken to the upside. CYCLES: Medium-term and longer-term cycles are favorable. Although there is obviously not enough data or sample sizes to know how accurate these will be in the near-term future. And, there may be a much larger cycle that we cannot yet measure due to the lack of historical data. That said, a break to the upside soon is certainly within the realm of possibly. VOLUME PROFILE: This indicator suggests that some backing and filling can be done in the area of 0.00000525 to 0.00000800 without much problem should a break to the upside occur. Current price is 0.00000295 so that is a lot of room the the upside. UPPER TARGETS IF BOTH WEDGES ARE BROKEN TO UPSIDE: Inner wedge measured move target is the 0.786 prcnt retracement level priced at 0.00001150 area! Outer wedge target is 0.00001776 so figure 0.00001700 and call it a day. ELLIOTT WAVES: Looks loosely like a ABCDE triangle formation. If so, this would be the terminal wave up before an extended corrective bear market, if Elliott Wave rules pertain to such thinly traded markets. ANDREWS/SCHIFF LINES: The recent spike hit the standard Schiff 50% line, which was also where the inner wedge resistance line was. The next stop could be the 23.6% retracement level. NEGATED: The potential bullish breakout scenario would be negated if PinkCoin breaks below the trend-line support at 0.00000223 This is a very small cap token so only for smaller positions. Could be fun ride. Be cautious on this one… DISCLOSURE: This analysis is meant for educational purposes only. You trade at your own risk! Michael Mansfield CIO
PLong
by UnknownUnicorn1613901
1
$LDSR LongI am looking to hold this OTC stock for a few weeks till the end of the year. $LDSR is gaining ground before the RSA conference with a new partner announced this week. $LDSR offers award winning GDPR Compliance, Data Classification and Governance (ClassiDocs product) As GDPR comes into full effect I suspect many euro and U.S companies will partner with $LDSR. On top of the RSA conference and GDPR Compliance regulations; Data breaches are in the headlines for the last few months. Companies need top notch security to protect customers/ users data. $LDSR is in a great position to offer its award winning cyber security services to this increasing need. Short term goal(After RSA): .08 End year goal(After all GDPR contracts finalized and materialized): $1.20
LLong
by jake66
Bitcoin thrusts victoriously upward out of Hot Pink Triangle!How's that for a headline? Haha...we have officially broken bullishly upward from the recent bear flag . while simultaneously confirming the bullish breakout out of the descending triangle which I have indicated here with hot pink to make it easier to see. The 50 MA(in orange) provided very strong support and helped thrust us back out of the hot pink triangle and then again back up and through the bear flag for a bullish breakout of the bearflag we were recently in, allowing the bullish momentum to increase exponentially...enough to finally close above the 100SMA(in blue) which had been acting as very strong resistance. Now that we have surpassed such obstacles you can see where the no longer hypothetical projected target of the hot pink triangle takes us with the dotted pink breakout target line....It only makes sense that we continue upward after having yet to reach our purple descending wedges price target. The hot pink triangle breaks bullish momentum invalidated the bear flags drop targets but definitely hit the target of the bullish breakout of the bearflag swiftly already which you can see on the chart that achievement is now unlocked. I say we are headed to unlock both the hot pink and purple projected target achievements next. We need to watch to see if the 100 SMA has switched from strong resistance to hopefully strong support and if not that the tline just below it will come to the rescue Game on! Thanks for reading! *not financial advice*
BITFINEX:BTCUSDLong
by DrDovetail
BITCOIN falls through the cracks!!!!We stared at our screens with reckless abandon as our number one draft pick worked it way up the wedge towards the boss battle we've been waiting DAYS for! For those who missed this epic battle our 4 hour candle at 20:00:00 UTC in the last seconds of the window took a massive dive. Hurtling down we tumbled right to our fan support line at FIB 0.75. Moments later we crossed under support looking to EMA20 as our next line to catch us. EMA20 failed us. Stoch RSI isnt looking good. MACD confirming the downtrend. Have you lost all hope yet? I havent. We have a reversal of EMA50 back over EMA100. Look to the support at FIB 0.618 at 02:00:00 UTC (when this post is 5 hours old). If we dont have support there we could be looking at a drop to previous lows around 10.3 where we have had support historically.
COINBASE:BTCUSD
by xBanana
PINK – Fast Moving Trade (260%+ Profits Potential)*** Indicators - After reaching what seems to be a bottom, PINK consolidated for a few days, the common amount of time, about 10 days, and finally took off and it is now in an uptrend. - This drop where the coin holds and consolidates at the bottom, always happens after some period of MACD positive divergence. So we have the signal of buyers accumulating coins, a final push down by sellers and then buyers coming back strong. - We also have a very strong breakout on the daily chart. - The indicators are all bullish and there is still room for growth, not as much as we normally get but still plenty enough to bless us with huge profits. - The weekly chart looks better. Here the MACD, RSI and DMI have plenty of room for growth. The weekly chart looks really good. - The way this chart is set up is also good. The candles and chart formation you see on the weekly chart are giving some very strong signals. - Let’s get to the instructions now, the charts look good. *** Instructions Buy-in: 0.00000590 – 0.00000790 PINK Targets: (1) 0.00000954 (2) 0.00001230 (3) 0.00001650 (4) 0.00002420 (5) 0.00003150 (New All Time High) Note: Sell strong on the targets, this coin receives a lot of push back when going up strong according to the charts. So it is good to secure your profits and play this trade safe. Stop-loss: 0.00000389 *** Message of the day: Life goes on Today is another day. Today another day has come. Yesterday we had many opportunities. Once again today, we have many, many more. So don’t get discouraged if your chance hasn’t come. Life was made for you, so you will always receive support. Stay strong through the process. Challenges will come. The goal is to grow together. So that you can all visit me, in my new home. Namaste. Mantra: “Om Stanesha Vahtu Nevehem”
PLong
by AlanSantana
100
PINK Ready to Hit 600 SatsDespite a quick break of the resistance on the daily chart (blue line) when BTC rapidly rose yesterday, the daily chart is still looking great for pink. Low sat value (which crypto newbies love to see, not understanding market cap vs. price), new market cycle beginning, MACD crossing, RSI curving upwards, and we're firmly into the daily Ichi Cloud. Buying here and selling around 580 sats, expecting it to hit the top of the Ichi cloud then bounce down before then making its way further up.
PLong
by cryptomayne
Going long on PINK with ATH breakoutPINK recently broke out and hit an all-time high market cap of $693k, #154 coinmarketcap.com. (Sorry for all the color on this chart) my target price range is 196-220 sats before it will find the next level of resistance and retrace to find new support. The highlighted area in blue under the target price was the previous breakout range where there was a double top formation that could potentially form support on the next down turn. Nevermind the timeline, this will most likely happen over a short period of time. Overall, I'm bullish on PINK for the low market cap (allowing easy upside) and the potential for growth within the charity donation space.
PLong
by DogGuy