PINKBTC
PINKBTCsuper buy and buy2 on the weekly chart?? prices breaking and closing above descending triangle and support from the mcginley dynamic; we could see some long term upward movement
Pink, please hold above 200ma and close above it! Thank you PINK/BTC
Exchange: Bittrex
Buy between: Blue zone
Take Profit target 1: 436
Take Profit target 2: 505
When PINK/BTC can close above the NEW high - which is 307 - then we can see an nice upwards movement!
SL: 206
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
Pink Coin now available on IOS!!That's right! Support for Pink Coin's IOS wallet is available on Apple devices via the Coinomi wallet as of 2 days ago. Pink Coin is on fire with awesome releases, now accepting most major crypto-currencies including, PINK, BTC, LTC, MUE, DCR, DASH, NEM, PIVX, XMR, UBIQ, DASH, and DOGE in their official Pink store. Their Twitter feed look sharp, full of happy customers sporting their new PINK gear. Pretty cool and just the beginning.
As far as the charts go, PINK Coin has not seen a significant amount of action since my last post about it...struggling to break horizontal resistance price action still sits below the .618 but it has seen some a few small spikes, most notably a 4% gain on the 4th on this month. Currently, price action for Pink Coin sits on a short-term trend line (purple), with luck it'll break through horizontal resistance (in black) and start to see a more steady rise!
PinkCoin 3 Scenarios ahead - Something has gotta givePinkCoin
IMHO
PinkCoin 3 Scenarios ahead - something has gotta give
Follow the blue lines 1, 2 ,3
Shitcoin pump 03This true shitcoin is destined for great things. I think it would be a tad premature to buy in right now as the RSI still has a bit more maxing out to do befre it reaches the bottom levels of the last pumps. Some sorta shit channel forming but who cares. You can probably score a 5x off this guy wherever you place your entry.
pink/btc potential 100% gain buy in range : 0.00000270 - 0.00000330
risk / reward = 20% / 100%
good luck
PINK is a good middle-term assetAdd some to your portfolio at prices inside blue rectangle . Sell levels are green lines.
Announcements could hit higher targets, don't sell all at once.
Timeframe 1-4 months.
PINKBTCIt looks like Pink is ready to shoot up for 100% gains. All indicators shows near term reversal.
PINKBTC Poloneix cup and handle 2x profit! PINK has broken the bearish trend and risen nicely since creating a nice cup and handle form.
All the indicators are there for this thing to blow up. MACD, RSI, STOCH all look strong. Volume low at the bottom of the cup as well. Classic Cup and Handle formed!
we may see a little bit more of a dip before we take off, but i get the feeling we are going to moon!
First target is the last peak high around 91-95 for the short term!
good luck!
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.
Pinkcoin Short TargetI expect within a few days at most, given recent positive correlations and an RSI indicator that Pinkcoin should reach a target price for 0.00000383. If it does, it would probably be a good time to buy by then because that means the offset potential for more positive correlations in price can be soon. I think at that price target, as a short holding it is investible under a conservative strategy.
Poloniex: Pinkcoin LongI believe if you look at Pinkcoin as a whole, it already had some bullish runs. I think with a 53% risk at a sustainable target, is still very conservative or investible for some returns. The most likely scenario is another bull run or steep positive correlation in July 2018 similar to the August 2017 run. This is true when looking at an RSI strategy or Fibonacci sequencing. That is why I would suggest a long HODL. However, the risk is knowing when to sale before a steep negative correlation similar to what happened in its previous high point. The potential for another breakout around 6 months is likely given that the patterns it been following is similar. However, I would suggest to use an indicator to maximize your gains because even if it will be a long, the exit at that point needs to be really short.
PINKBTC up with some repeating paterns?
Just a quick look at the pinkbtc chart and looks that some paterns appeared, might repeat again, so deserves to keep an eye on it. I actually think that is gonna break up soon, as it gets to the end of the triangle. Did the drawings kinda fast, so don't base anything on it.
What you guys think?
Pink Possible Breakout. If you look at the coins that are pumping this morning you will see they are all low price coins. Pink has a history of being pumped and I think it will be next once it breaks out.
First Target 260
Second Target 350
Third Target 500
Stop loss 5 - 10% under buy
RSI and MACD look good.
PINKBTC possible risePink sitting between 250 - 260 sat for few days as what looks to be like a good support level and good entry point imo. RSI is oversold on 1-day candles (not included in chart).
I entered in 252 sat. yesterday. Today already touched 0.236 fib level at 275 sat on Bittrex.
My short term target (1 week) is 0.5 Fib at 305 sat.
This is my first even TA so take it with a grain of salt. I would also like to hear your opinions on this one.
upward movement to be expectedbitcoin will likely stop at the red line closest to current price. this is due to its upward momentum that is only gaining in strength.
more updates to come.
