PeerCoin 500%+ Profits OpportunityPeerCoin 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 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
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.
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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.
