Long

Musicoin (MUSIC) - Strong Action (470% Earnings Potential)

Updated
Musicoin (MUSIC) bounced hard from bottom and is showing strong movement. This coins history shows that the people who trade it loves action. So you can expect to see fireworks with this one; based on the chart history.

We are getting straight into it.

*** Instructions

Buy-in: 0.00000287 - 0.00000400

Stop loss: 0.00000194

Targets:

(1) 0.00000598
(2) 0.00000771
(3) 0.00000911
(4) 0.00001050
(5) 0.00001250
(6) 0.00001504
(7) 0.00002288 (New All Time High; Hard to reach according to coins history).

Strategy: If you want your automatic sell order to fill for sure when the price is going up, place it 5-10% below target. To maximize profits, place it 5-10% above target (this has lower chance of filling up).

Note: 0.00001506 is the All Time High. Lots of resistance there. This coin tried to break this high several times in a period of few months. So this is definitely our top.


*** Indicators

- MACD positive divergence.

- New uptrend after bounce from bottom.

- Great potential on the long term weekly charts.

- The weekly chart alone for Musicoin (MUSIC), lead me to open this trade. Look at it here:
snapshot

One week is a lot of time in the cryptocurrency markets. Musicoin closed last week very strongly, and had a "consolidation" week this week. So next week has the 'potential' of being a very strong week.

This is just a potential, so if the weeks potential doesn't materialize, we wait for the next one. So patience is advised. So, if for whatever reason patience is not your strong suit and you need to control the market and have this coin move NOW, please, skip this trade. Patience is the key to become a winner in this game.

This is the 1D (daily) chart. Each candle represents a period of 24 hours. That's the main chart on the trade idea above.


*** Message

Three times a day, you hear the bell that comes to your door.
What is it this bell Alan, you ask... I don't know.

4 Times is the number that you hear people call your name.
What is it that they want, you turn around and say?

Five times, is the number, that it takes for you to understand.
Ok it happened again, this time I won't be afraid.

7 Is the number of balance, your body, your true-self, growth and evolution.
This trade decides it all, this is my own conclusion.

9 Times, counting this time, will be the number of times that I will win again.
It doesn't matter what happens, from now on, I WILL WIN ON EVERY SINGLE TRADE.

Namaste.
Note
This coin analysis / trade idea, was shares first here on Trading View, exclusively for all my followers that like to "join early". But still, remember, that this trade can take weeks to develop, even if you joined "early".

So, keep that in mind. It takes time. Patience is key.

Look at this phrase: "The stock market is a device for transferring money from the impatient to the patient." – Warren Buffett
Note
We are in very good profit already, I am looking at up to 30% profits depending on when you bought in.

The charts are looking great. But remember, what we are really interested in is how this week closes at the end of Sunday, this will give us our next weeks "readings" which is what's important to me. Huge potential.

Here is the daily chart (1 day per candle), which is a short term version of what is going on:

snapshot
Note
Here is the 1 hour chart trading channel.

- The bottom is the support: 350
- The top is the resistance: 446

These are the levels that we need to break to either move up or down.

snapshot
Note
I hope you are enjoying this trade. I will be doing another analysis that is exclusive to my Trading View followers. Posted first here, and only here before sharing anywhere else.

I will keep on doing this over and over, just like I did with this trade idea. Why?

Remember, because... YOU DESERVE THE BEST!!!
Trade active
Musicoin (MUSIC) is within buy-in range. This is an opportunity to open new positions (buy in), rebuy and reload.

The rest can just hold.
Note
We almost reached our first target, we came 10% to it.

If you joined this trade with me, which I published here first, you would be look at up to 90% price increase / profits based on the high reached today.

Here you can see Musicoin (MUSIC) trading channel. WE ARE LOOKING GOOD!

snapshot

Patience pays.
Patience is key.
Follow my lead, and you will be rich.

Namaste.
"Om Stanesha Vahtu Nevehem".
Trade active
I hope you are enjoying the profits.
Thanks for your support always.

Musicoin (MUSIC) Targets:

(1) 0.00000598 *** Target Reached on 7-Jan-18 ***
(2) 0.00000771 *** Next Target ***
(3) 0.00000911
(4) 0.00001050
(5) 0.00001250
(6) 0.00001504
(7) 0.00002288 (New All Time High; Hard to reach according to coins history).
Note
I see many people asking for updates on the comments. I am really sorry for the wait, but trading these coins is really simple.

Buy, hold and sell on target. The dip you guys mention was really far from our stop loss, so the only action left is to hold.

Next time, just hold patiently and everything will be fine.

Thanks for following me.
Thanks a lot for the support.

More trades will come your way.
Now & Always.
Opportunities will always be available for you.
Know that, because it is true.

Namaste.
Note
We are above our buy-in, so we hold patiently until our next run, from which we will profit.
Note
I am holding this and every other trade.
We are in a market wide correction, and for this we halted trading for a few days.

Bitcoin bounced from support and right now we are waiting to see if this support level will be re-tested.

We need to allow a few more days to know how things will turn out. To get better and stronger signals.

The altcoins are looking better now but still have a way to go.
For now, we hold patiently. We hold strong.

P.S. Tomorrow we will have a better understanding as to where Bitcoin is going, but we will resume trading soon.

Thanks for your support. I love you!
Trade closed manually
We made good profits here, now we are back to the buy-in range.

I am closing this trade idea, you can still trade based on the target levels, and I will definitely revisit again in the very near future. Huge potential left for this coin.

Thanks for your support and understanding.

Namaste.

P.S. I am closing this trade as I won't be able to update it in the near future, so I will post it again with new buy-in and details when the time is right.
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