USDT -XCP - Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10
Date : Since 2014 ( 8 / 10 )
Volume 24 H : 3 BTC ( 2 / 10 )
Available Markets* ( 2 / 10 )
Social Media Rate ( 4 / 10 )
Ranks **325 ( 6 / 10 )
Website ( 6 / 10 )
Type Pioneering Peer-to-Peer Finance. RT ≠ endorsement
Overall ( 5 /10 )
Everyone was targeting $100 for XCP! XCP didnt make them down.
However, 90 % people lost money on XCP . WHY?
1 )They didnt know TA
2 ) They didnt know how to take profit
3 ) They were just blindly waiting Lamborghini !
In a bull market, Everyone is genius. They think They know everything.
When the bear market comes, It took everything ! Not just the profit !!!
When I first met with XCP on February 2017 , He was a baby with $2 valuation. No one was expecting anything from him. I was also not optimistic about him until He came $12 . Most of you already know the rest of the story.
What is next? It is close to $2 level right now, It broke the downtrend-line line, After losing 98% value. As long as it is above the support line, We can target the next resistance levels. Otherwise, It will lose 50 % value !
I recently bought a huge bag of XCP with a stop loss. Let's see how it goes!
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
Xcpbtclong
Time to Counterparty like the bear never existed XCP/BTCThis is a beautiful chart that has shown an ABC Elliot Wave correction. It has a strong support at 60k satoshi since that is the coins ATL (All time low). it also matches very well with the fibbonacci theory of shorting the falling trend (surprisem surprise) It has tested the support once, but had a quick bounce back to 70k-ish levels.
This chart looks like its preparing for the next bull run and the potential on it is pretty good. The volume on is still pretty weak so if someone wants to wait a little bit long before confirmation I can't blame them. The rounded bottom on the 4h and 1d candles looks sick. It's only the matter of time when this coin explodes.
Also one good key to mention is that RSI on weekly is EXTREMELY oversold and the only time it was this oversold was January of 2016 when the coin jumped 700% in the next few months.
XCP/BTC Trade Opportunity!Some powerful criterias matching here and that makes this trade pretty good!
1. Trendline bounce 4x
2. Resistance becomes support & support matching with Fibonacci 62% rejection level!
Let's see how it plays out!
Good Luck!
Counterparty (XCP) Should Hit 2x Before the month End of August BITTREX:XCPBTC is coin which comes across the #Top250 Cryptocurrecies.
In past history of this coin , the Price goes from 0.002 to hit 0.007 level,
Follows the same Pattern.
Price goes from buying zone and hit the resistance level, then again came to thebottom
Now the price is almost at buying zone, just started Pumping,
As Per as Chart, in past every time price taken 3-5 months to reachs the top ,
So we can expect more than 2x from this coin, if the Price follow the pattern.
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Time to (Counter) party like its bull again XCP/BTCCounterparty showed a full retace and just entered my buying area for accumulation of this coin. It's looking incredibly oversold and indicators are starting to look positive day by day.
Recent volume spikes are showing me that whales are accumulating and that potential bottom could be found. There are also multiple indicators on the entire market that are showing me how a bottom might be found.
Patience is the key.
Targets:
0.0019
0.0029
0.0039
0.0055
0.0069
XCPBTC Explosive CyclesHere is what I see in XCP.
The past 2 years it has had 5 explosive cycles.
The cycles "pop", go up between 180% and 1400%, and do a full or near full retracement to 1 fib level, sometimes a little between .786 and 1.
The only cycle that saw a retracement deeper than 1 was the first one, which went between 1 and 1.618.
The cycles from start to finish last between 186 days and 270 days.
The average length from the previous cycle hitting the "floor" or completing fib. retracement to 1 to the fib completion or spike is around 90 days.
We've been in the 1 fib level since the beginning of oct, so we can safely say we've spent 37 days and are almost half way through the average length, meaning based off previous action,
we could expect to see bullish movement half-way through or at day 45, within the next 2 weeks.
I would watch out for this, even if you are not buying now, as there is a great opportunity.
I'd set stop losses 10-15% under fib 1 level, and let the trade ride.
Risk:reward is very favorable as it can't really go much more down, but is begging to explode based on past 2-3 years of price action.
XCPBTC - Gartley Pattern CompletedPattern has completed, good price to buy now.
Aiming for 61.8% AD retracement @ 0.00717516.