Gabrielmolenkamp
Counterparty [XCP] - The exponential late bloomerGood evening dear followers,
Tonight I provide you my favourite investment for the coming week(s), namely; Counterparty . With the growth of the whole altcoin scene it is inevitable to predict growth in specific altcoins, though I still try to stay rational and seek for undervalued beauties. In this case we stumble upon Counterparty. As to be seen in the chart, the longterm wedge is being broken (purposely drawing the line through unnecessary wicks/daily (shakeout) closes due to irrational market behaviour. XCP has not gotten off the ground yet, and is mainly awaiting to be fuelled by positive news that is occurring at the 22nd of May. On this day, Counterparty will execute a hardfork which will add several features including a massive transaction cost reduction throughout the chain. On a further note, SEGWIT seems to being added in the near future. Bear in mind that these two fundamental news, will form te foundation of Counterparties' extreme incoming hype, which will result in massive volume increase as well as a surge in prices. First target is the first fib target, from there retrace before the next legs up will occur.
I hope to have informed you properly enough, may you have any questions feel free to drop them in the box below.
Trade cautiously and may the profits be with you.
Kind regards,
Gabriel Molenkamp
Appendix
counterparty.io
DASHBTC - Perfect crash cycle. SHORT!Salut readers/followers,
As seen in the chart, DASH has had a fantastic run breaking amazing new all-time highs in a very short period of time. The growth has been beyond most expectations- showing exponential movement on the upside. As noted; the crash cycle is absolutely perfect. A double top resulting in a drop, with a denial yet to come. Be aware!
Trade cautiously and happy trading!
Kind regards,
Gabriel Molenkamp
A Litecoin perspective to light up your dayDear Traders/Followers,
Hereby a chart to share with you. LTC/USD ratio. As I have been accumulating Litecoin silently in the past months the time seems finally ripe for extensive movement. As to be seen in the chart, it is both the end aswell as the beginning of the old and new crash cycle. Chasing these cycles seems to pay off big time, while the psychological aspect might be killing- it is of essence to stay rational and buy where the dumb money is to be found.
As credited by Baron Rothschild, an 18th century British nobleman and member of the Rothschild banking family: "The time to buy is when there's blood in the streets."
Furthermore LTCBTC ratio seems extremely ripe. REMEMBER, once LTC moves- it will be incredibly swift. Leaving those who want to jump in on the train too late to join.
Trade cautiously and enjoy,
Gabriel Molenkamp
