XCP may move upXCP/BTC seems to move up, because it is overstepping its long bear trend.
People love technical trading in crypto currency market.
People are looking at altcoins not at Bitcoin right now.
XCP
accum or run away?Either all of this has been accumulation for a massive yet to come pump or cyclical nature will continue.
XCP Weekly OverviewXCP has kept true to a long weekly horizontal channel. The downtrend was broken with a double bottom and we are now at a strong resistance at the top of the channel. Keep an eye on volume to see if we can break though, or if we are coming back down.
XCP bullrun in 2018?XCP almost reached bottom resistance at 100k.
The pattern looks like it's goint to skyrocket at some point.
I will go long with a small fraction of funds to buy XCP 100-150k with a first sell goal 400-500k and x10 long run.
CounterParty (XCP) | 1100% PotentialWe are currently up about 100% from our original entry at 200k (original chart was deleted by TradingView).
I also realized I made a mistake in my original chart by stating there was only 450% to All time high.
I was working off of Bittrex, but did not realize Poloniex had more history of the coin, where it reached 4500k!
This is about 1100% up from where we are now. What a wonderful mistake to realize that your potential profit can go 2.5x more than you thought!
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Trade details:
We are high up in the FIB channel, and we are hitting up against the 1.618 Trend-based FIB line, so I am expecting lower entry opportunities. However, with the right amount of volume, breaking through the 1.618 FIB would be very bullish. This is why I'm setting up a small position at current price, and bigger positions below.
Original Entry: 200k
New, Riskier entry: Starting small position here at 420k (I'd enter up to 440k)
Safer entries: 401k, 370k, 320k
Targets: 495k, 530k, 680k ... 1114k, 4500k
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As always, please feel free to ask me any questions you have on this idea . Always willing to have discussions with new and experienced people alike!
Counterparty/XCP - XCP/BTC - 23%/150% Dear Friends
Only invest money that you can afford to hold
SK
Comments Are Appreciable
Jazak Allah Khair
Happy Trading
Two reasons for XCP/BTC mooonThe leading market, Japan has two reasons to buy XCP/BTC.
1) bitFlyer, one of the biggest exchange, may adapt XCP/JPY as the next trading option.
2) VACUS token is gathering attention. VACUS is token for Avacus, Japanese Purse.io, and XCP is necessary to purchase VACUS/XCP.
The number of VACUS holders has increased three times in a month, and it is predicted to rise now on.
Tow reasons for XCP/BTC mooonJapanese money leads crypto market.
Two main reasons to purchase XCP in Japan.
1)bitFlyer, one of the biggest exchange, may adapt XCP as the next option.
2)VACUS/XCP is gathering attention. VACUS is token for Avacus, Japanese Purse.io, and the number of VACUS holders has increased by three times in one month. More and more people rush into VACUS and XCP to eventually buy VACUS.
Counterparty (XCP) getting ready to moon? A solid old project about to break out of the resistance level to test the all-time resistance?
Also testing new ATH in USD price(discovery).
Counterparty (XCP) Private analysis (Uptrend + Profits Potentia)As you can see from the chart above, XCP is on an uptrend on the daily chart and there is room for growth. This coin can be traded for positive earnings.
- The daily chart looks good, we are in the bullish zone, but the channel is big and there will be many price swings. This is a great opportunity for swing trades.
- For the swing trades, you buy when the lower part of the channel is hit and sell when the price is near the top. If the channel is broken you can expect a new trend to be formed. This can be up or down.
The daily chart looks good but let's look at the weekly... Next week might be consolidation, depending on how this week closes, we can gain more info on next week... But let's look at what we have now.
Here is the weekly chart:
The weekly chart looks really positive for long term upwards potential.
- The MACD just crossed over and is showing plenty of room for growth.
- The RSI is also going bullish and with room for growth as well.
- The same signals are true for the STOCH & DMI indicators, both are positive and show room for growth.
Now, these are strong indicators since this is the weekly chart. So it takes weeks for these to build up. So even if we have small negative swings, these indicators can stay in the positive, which is good to make money riding an uptrend.
The magenta lines are targets/resistance, the black lines are support.
Note: This is not a suggestion to trade, this is my analysis of how this coin is doing. Trade at your own risk, as I won't be following up on this analysis, YET, this information can be useful if you know the basics on how to trade. Buy, hold and wait... To finally sell on target.
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Enjoy your analysis, and enjoy the rest of your day.
XCPBTC relatively new on Bittrex, good volume (120% profit)Nice volume and repetitive movement within the range makes me think this coin has very good chance of 120% profit gain.
counterparty Counterparty is positioned to make a move here in the near future, very low supply and Mcap (rank #182) makes this monster a ticking time bomb.
XCP to make a counter move?
This is a nice chart here of XCP/USD. The volume is busy to say the least. Its also worthy to note that Counterparty has OG status and has not participated in this recent mania.
Happy Trading!
$btc $str $xlm $fct $xcp $strat $clamJust looking at a few things, only a few things look good. Some charts youll need to make your own, then full screen, then zoom in to see what i do and why, or just dont bother. charts/usd look mehish compared to btc. recent /btc charts in xcp, fct, strat, and others are holding /btc values since early nov, i think this is a good sign, ie compared to oct 1st to 15th values /btc. ppc is also doing ok, but only more recently, its usd value made an ath now sitting near support. Ive shilled a few things before, one main thing to look for is btc and usd ATHs, they are great, as can be seen by btc, ltc, eth, dash, and many other coins when they pop their usd ath. In short term high profit scenarios imo on xzc, xcp, ppc, and perhaps ltc/xmr/nxt/ardr if they pop their aths and keep moving. Good luck friends.
lots of alts look like crap as well, xrp, bcy, 0zr coin, all making new lows/btc (ie cant even hold usd value)
Some alts like str, nxt, xzc, eos look alot better than some of those i charted, but why bother with the great uptrend easy coins.
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.
CounterParty $XCP Confirmed reversal . Automic swaps Future for xcp is bright
Atomic swaps and lighitng network coming
sitting at 4000 btc market cap
Mega pump soon
XCP Counterparty Wants To PartySome sideways action after passing recent high, looking to .0047 as next dance in the party
Counterparty Jump Shot FLDC Overlay - Long TradeThis is a Counterparty all-time chart with Foldingcoin and Bitcoin overlaid for comparison. Foldingcoin is based on the Counterparty blockchain and you can see that there is significant correlation between the two, with FLDC outperforming XCP considerably as measured by percent change. Both of these assets are young, show promise, and have a multiplicity of potential uses in the financial sector, for large national central banks, hedge funds, investment banks, etc. The repeated formation of higher highs strongly suggests rises in price, and ideally we are looking for that BIG pop that breaks past multiple highs in one run, but this is not at all guaranteed to occur. That possibility makes this a speculative and RISKY but attractive long-term long-trade. Therefore I recommend placing a small amount of capital into this trade that you are prepared to lose completely should price continue to plummet and leave you underwater. This type of trade requires lots of patience and a high risk tolerance. It also requires that you be watching the market as frequently as possible, because if and when we get that fat pop, it's likely to be very fast and you need to be prepared to take profits without hesitation. Circulating supply is a meager 2.6 million and the protocol features a "deflationary design," which means that the value of the Counterparty token is likely to go UP as coins are removed from the supply. Happy Hunting Everyone.
P.S. To learn more about Counterparty Technology, use this link: en.wikipedia.org(technology)
Counterparty Position IdeasThis is a follow up in response to a comment from a viewer, I've added on a few possible targets that you could use to manage this trade. I recommend that you split up the body of your holdings into different trade ideas with different expectations and time targets, so this is why I have given a range of possibilities. Having 3 separate positions in 1 position allows you to capture the POTENTIAL for gains over multiple timeframes AND to actually close out those profits while you have them but not lose all of the POTENTIAL to have the position continue to grow in value. You want some level of consistent exposure to have the best opportunity to get the most gains. Another great way to invest in Counterparty is simply to invest in Foldingcoin, which uses network hardware to study cancer and rewards the network providers (Full Disclosure: I do not own FLDC because I made 1000% on it so I sold it XP). I believe that profits taken on FLDC by the development team will be used to reinvest into XCP or that the price of XCP will become inflated regardless. Right now, Counterparty is experiencing a whale's shakeout, with naive underwater positions getting destroyed, but it's a great opportunity to buy, HOLD, and then watch like the eye of sauron, always watching.