FoldingCoin (FLDC) - A perfectly Rounding Bottom @coinselorTalk about a micro cap forming a beautifully technical rounding bottom. Waiting for price to set up a new 69-day high before considering buying. Incredible risk-reward if you are willing to hold this position for a long period of time.
This is a token from a delisted XCP (counterparty) blockchain. Proceed at your own risk.
BITTREX:FLDCBTC
Market Cap:
$325,364 USD
39 BTC
Foldingcoin
FoldingCoin (FLDC) becomes a coin of interest again.Hi shitcoin lovers!
One of my favourite shitcoins from 2017, FoldingCoin, has bounced from it's historic low (2016 pivot) of 13 sat. In addition, monthly RSI is massively oversold with, so far, 9 straight months of steady decline. Stochastic RSI is dead.
Last year FLDC was delisted from Poloniex causing a run on the coin. Now it is only available on Bittrex. Daily volume is about $27,000 according to CMC.
If you are in the business of speculation, a small position here is worth it imo. I have no targets as yet. My strategy is simply hodl according to the maxim don't invest more than you care to lose!
Actually, I think FoldingCoin is one of the few cryptos that are useful in terms of what it does. It is intended to incentivise people to run Stanford University's folding@home software, which is citizen science type stuff: you give up some CPU time to number crunch for modelling diseases such as cancer and Alzheimer's and in return you receive some shitcoin.
There are currently almost 200 active science projects being supported by folders (apps foldingathome org/psummary). I guess many are postgrad or post doctoral projects.
www foldingcoin net/index.php/28-faq
FOLDINGCOIN bottomyHey guys,
I'v been watching this for some weeks already. Very flat and bottomy.
I bought a few FLDC for a few days ago so trade is active.
My targets are shown. This will be pretty unpredictable so sell orders are set.
It's an old coin, but pretty volatile. As such I label this higher risk, but you can see it's been pretty stable against BTC. It seems like a good risk:reward, so long as you are prepared to hold for longer.
FoldingCoin VS Bitcoin Waiting For BreakoutAfter reaching the 650 satoshis high, FoldingCoin has been trading downwards and after it broke the uptrend trendline, price continued to decline within the descending channel. Fibonacci applied to the corrective wave up after the uptrend trendline breakout shows, that support at 227.2% Fibs has been reached and rejected. At the same time, the middle trendline of the descending channel acted as a support, and price started to move higher.
From the 150 satoshis bottom, FLDC/BTC went up to almost 200 satoshis, where it is currently trading. But still price remains below the downtrend trendline, and in order for FoldingCoin to move higher, it must break above it.
Break and close above the trendline should confirm the short-term upside momentum and could send price towards either 23.6% or 38.2% Fibonacci retracement levels, that is 270 or 340 satoshis.
On a downside, unless the trendline is broken, the price could remain in a consolidation mode and continue trading near 150 satoshis for a little while. However, it is not expected to go lower than 100 satoshis psychological support.
FLDC could make 100x?As a pilot stable blockchain for medical research, foldingcoin is a coin to watch next few months.
Why huge gains are possible? (I mean really huge, not 100%)
1. Wave patterns, finishing correction and ready for a new impulse.
2. Small market cap, only 11M$ now, so possible maximum gains are 50-100x
3. Repitative pattern of accumulation and fast huge fomo bullruns.
Some huge good news are needed for this, and that's the main issue, as I don't remember foldingcoin marketing news that could bring huge interest to the coin.
Given these notes and low profit-risk ratio, FLDC is a must-have asset for upcoming 6-12 months.
Let's see if Stanford and other big names behind the team will be capable of promoting this asset in a proper way.
Big ROI Potential On FoldingCoinFLDC seems to be building a cup and handle pattern. Stoch is way oversold. Price above kumo.
Waiting for tenkan to cross kijun, chikou cross, RSI to build support above 50, and the trigger line to be hit for confirmation of a bull move.
PM me for entries, targets, custom charts, access to my paid Telegram group or my chart analysis course.
FoldingCoin (FLDC) In A Potentially Good PositionThe key for me for profitable swing-trading is avoiding bets that go against the trend. That means when the general trend is moving up, I only look to catch the bottom of a channel for long (buy) opportunities (as opposed to trying to short the top of a channel).
As you can see in the chart, FLDC is in exactly this position of being at the bottom of its channel during an upward movement. I expect to see a strong move upwards once the accumulation period has ended and price closed about the 20 EMA. Note that I wouldn't be surprised to see the move stopped momentarily at the trend line crossing the previous high (600-650) before continuing towards the top of the channel.
FLDC VS BITCOIN 825% POTENTIAL.#FLDC VS # BTC- 900% PROFIT. OPPORTUNITY. DISMALORED CURRENCY
If you can see my analysis of a couple of days ago, I recommended this currency and it is already more than 100% profit. I still think it is time to enter, foldingcoin is very low value therefore it has great possibilities of climbing, I think this coin is very psychological, now it is to reach a point where previously had a super pump (green circle) there is a good chance that this will be promoted at least a significant% or even the first target of 200%.
If you expect to operate short you can go in and out in the red lines and fibonacci points, remember this is my appreciation, judge for yourself, I do not have a crystal ball :)
Greetings, have a good trading.
Direct link to analysis: buff.ly
DONT BUY!!!!We reached target 1 on fib level. Don't buy!!!! Sell if you wanna make quick profits. HODL if you planning on bigger returns.
The Cloud confirmation4H Ichimoku: Price above the bullish Cloud, bullish TK cross and lagging span. All look good for long position
FLDC - High Risk, High Profit (Shitcoin) [4x]Foldingcoin tested support and rebounded up, I'm expecting it to reach 1400 so that would give about 4x profit from the time of this analysis. However its low volume so high risk.
FoldingCoin (FLDC) Short Term Trade Opportunity (100+%)FoldingCoin broke out yesterday on significant volume. It found resistance at 550 satoshi resistance. It has now formed a flag formation on the 1hr time frame. It seems ready to move again soon. Look for the MACD to cross upwards, a bullish signal. The RSI has cooled off into neutral territory, a buying opportunity.
FoldingCoin just updated there website!!! Link: foldingcoin.net
Source: twitter.com
Entry:
380-420
Target Levels:
540
707
940
1500
Keep on Trading!!
Folding Coin 450% Profit PotentialFolding Coin is one of the most requested coin thus far. Here you go guys, this is our projection for near future.
Updates will be coming in as time progresses so make sure you're following us to receive them. If you are a member you've received an early version of this analysis before it broke out 70%
Time to buy baby!look at the chart, there is very little to explain. This coin has touched bottom. Time to get it for some long term profit!
FoldingCoin (FLDC) Ultra Opportunity (2000%+ Earnings Potential)I don't know who I am going to give credit to for calling my attention to this coin, FoldingCoin (FLDC), because I received dozens of messages recommending me to post it.
This coin has reached bottom and has every single feature that we look for in a winning coin, meaning: Bottomed out, breakout and many bullish (up) signals and ZERO bearish (down) signals.
So with that said... LET'S TRADE!
Buy in: 250 - 340 satoshis
Stop loss (this is most likely unnecessary but..): 215
Indicators:
- FoldingCoin reached bottom and already bounced back.
- After the bounce, huge breakout, confirming a new uptrend.
- All indicators are giving bullish (up) signals.
- These indicators are the MACD, RSI & STOCH.
- MACD shows positive divergence.
- Candles look great.
Message:
I am inspired to giving you another trade.
Another opportunity to win in this game.
Another chance, to show how much you've grown.
Another chance to wait, and sell at the top.
Trade active @ 285
Namaste
FoldingCoin Near Term Breakout Idea ($FLDC)$FLDC forming a bullish pattern. This is a near term zoom in. Long term trend analysis shows if this trend holds, it has potential for up to a 8x in the next couple of months.
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.
Folding coin. Triangle decison.More upside if it breaks the triangle on the top. Sell if it breaks the bottom.
CUREBTC - research coin pump(s)I think we'll see a $CURE pump durring the next altcoin season.
Usualy it pumps alongside other research coins like $FLDC, $GRC. And I have a good feeling about them in 2017.