PeerCoin is one the crypto coins which were started earlier with a 6 digit satoshi price level. Since the beginning of the year this coin depreciated almost 6.5x of its price and it was a very embarrassing portion of their career for both hodlers of the coin in the community and the development team. It both fails under a falling wedge pattern both in the long and mid term investment time frame. Some high volume entrance occured yesterday which might help the starting of a new upward reversal trend soon. RSI is around 42 for the time being and both the 50EMA and 89EMA are above the price. If the coin can manage to close above the red resistance line we might see a confirmation for an elliottwaves creation in the short run. Besides we got to consider that the coin is in its ATL[All time low] area which could manage to be a very good long term investment for those who are willing to accumulate for the long term. Here it might also bring a 6 to 7 times profits in the time frame between 6 months and 1 year. Entry Zone : 12000 sats - 14500 sats [Buy partially using buy orders depending on market situation.] StopLoss : 9200 sats Possible Targets Short Term : T1 : 18220 sats T2 : 22116 sats T3 : 25265 sats T4 : 28413 sats T5 : 32896 sats Mid/Long Term : T1 : 25296 sats T2 : 33648 sats T3 : 40398 sats T4 : 47148 sats T5 : 56758 sats T6 : 69000 sats+ Good Luck. Legal disclaimer: Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
Trade closed: target reached
Pair : #PPC/BTC EntryZone : 12000 - 14500 sats SL : 9200 sats T1 : 18220 sats Reached : 19888 sats Profits : 66% so far. Duration : <5 days Congrats to TWA community to get such a good amount of profit in such bearish market days. Stay tuned for updates and new analysis studies. Telegram : t.me/togetherweaccumulate Twitter : @TWAccumulate For VIP contact : t.me/twaeth on telegram. Thank you for your time. Come join us and lets accumulate together.
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