PASCBTC
PASCAL Cup will Runneth OverPASCBTC has started a great ride up. Here it is in mid cup and climbing up very quickly
PASC/BTCI think it is going to make a cup
this is a test chart And it has no other value dont use it but if you have any ideas about it please tell your comment about it. thank you regards
PASC/BTC Downward trendline broken through.A few days ago, we were able to localize a trend change through the MCDA and RSI. Now the course has to break the downtrend line. Whether it is really direction of the orange trend line is going to show up in the near future.
Chance to bounce from the levelBut it`s only a chance... Risk/profit is almost the same!
And remember that there is no volumes now.
Start accumulating Pascal Coin PASCBTC - BITKING METHODThis coin is almost ready to blow, accumulate what you can under 0.00060674.
Should see a great rise on this one...
Good Luck Traders
Trying to rich a new high..In my opinion there is a strong possibility to reach this goal - last high again and a new one even..
the next pascal is here?this is informative only, pascal was the first coin to go from 500 sat to 160,000 sat, is THIS NEXT?
twitter.com
Fusion coin announced they will be added to poloniex soon for trading , current price is below 500 sat.
market is here:
yobit.net
Target is about $1I`ve pointed levels and targets for buying and selling. The problem is that risk is too high...
P.S. There is no easy wayout.
PascalCoin / Bitcoin - Trade management 4 - PASCBTCWell, got stopped out at the red line.
Entry:
If we break above the top of the far right red box (the long position indicator) I will rebuy.
Stop:
i'll have an initial stop at the bottom of the red box. Again this is a tight stop. We've just had a pretty big drop so people must be thinking about taking profit at this point, so I'm going to consider being more cautious from now on. however at the moment I'm going to go with a smaller stop for the reward potential. the wick on the dump candle is a good sign that there are buyers around that area.
At this point it's a mixture of protecting capital form any large dumps (which could make the price drop very rapidly) and attacking the trend to get as much out of it as possible while it's good.
Hope people didn't get stopped out like me!
Mark
PascalCoin / Bitcoin trade management 3 - PASCBTCHi!
Just a quick update:
- Going to add to my position after the break up of this smaller triangle that is forming.
- I'm also going to move my stop up to the red line.
PascalCoin / Bitcoin trade management 2 - PASCBTCHey good morning,
Time to get back into PascalCoin.
We're going for another break after this sideways movement. It's a little messy but basically forming a working triangle pattern enough that it's worth trying it. We're getting a consolidation of the price sideways.
Getting in:
We're going to buy the break of the last high, as indicated on the chart
Stoploss:
There are two potential stoploss placements.
- Stoploss B, which is the safe version. If we're going up it's very unlikely that the price will return down past stoploss B.
- Stoploss A is a more aggressive stop. But if you look back at the brevious break, once the price starts going up it pops and moves for some time, almost always not returning anywhere near the level of stoploss A. With this smaller stop we get a much better risk to reward.
What am I looking for?
- We're going through the motions on this PascalCoin trend. It's classic good moving crypto. We're going in and out of strong upwards moves and triangle consolidation. While this pattern keeps repeating we just need to keep buying the breakouts.
- the price is almost completely respecting the larger trendline (yellow) and the moving averages. (with the exception of this last triangle - which i will take as an early warning sign that the upwards structure may be about to break)
Good Luck!
Mark
altcoins are so back, buy the next polo add before everyone elsehello followers,
we saw a huge increase in price for pasc this week, more than 10,000% after polo added it.
i got great inside info that the next coin to hit polo is MRSAcoin.
you can buy it here for less than 1000 sat. expecting at least 0.002 price in 1 week (>10000%+) , specially after poloniex announcment.
here you can buy it, very cheap now under 100 sat
www.cryptopia.co.nz
PascalCoin / Bitcoin trade management 1Going to do two things at this point.
The first is bring the stop up to the red line (0.00129). This is pretty tight but would get us out the trade with a 8:1 plus risk to reward. If we do break this point there's a good change the price will want to retrace to the larger trendline (as per the blue arrow) and I'll try and re-buy at this lower price (shown by the red circle). Basically at this point with 8:1 in the bank, if we do get stopped out i will re-buy at any point that the price begins to turn back up. In this way I protect my profit and make sure i remain in the trade, with the bonus of potentially buying lower on the way down. I prefer to keep a tight stop after a moving so far from the larger moving average as when the price comes down it often comes down fast.
The second thing is to buy more at the break of the current forming range/triangle (the higher, righthand long position indicator), with an initial stop also at the red line.
the only problem is that at some point I want to go to bed and won't be able to manage my stops. despite being in a good trend I don't want to sell or buy without the ability to reverse that, so if nothing has happened before i go to sleep I might cancel these orders and move the stop to somewhere reasonable on the higher timeframe.
Sleeping sucks.
Mark
Pascal/Bitcoin - Increasing the reward potential. PASCBTCHi!
At this point the price has broken above the larger triangle pattern - a bit early maybe - and we now have another smaller triangle forming. The technique i'd like to try here is adding to the trade with a smaller stop size (shown by the second long position indicatior and the blue arrows).
What i'm going to do is, IF we break the small triangle higher, i will buy (have a buy stop in place) and move all stops to the new position indicated by the lower blue arrow. The amount i will buy will be the new amount (in btc) (based on my stop precentage) minus the old amount (in btc) (which was base on the old position stop). Essentially we are only buying the extra needed to risk the full amount we can base on the new stop. Another way of thinking of this would be that we will sell the old position and re-buy with the new stop percentage - but instead of selling we just minus the old amount of the new.
The reason for this is just to get a tighter stop and therefore a better risk to reward. Doing this does give a higher probability of being stopped out, but the risk of this is low and worth it for the extra reward we will get. If you look at the risk to reward (shown by the 'long position indicators'), you can see that by the time we reach the green line the old risk to reward would be at 2:1, but the new risk to reward would be 3.84:1, despite actually buying at a higher price.
Let's hope it works out!
Mark
Pascal/Bitcoin triangle breakout - PASC/BTCI'm going to prepare for a breakout of this triangle pattern if the price goes above the last high. Hopefully the price will consolidate more and we can cancel this trade and get one with a tighter stop and therefore a better risk to reward. EDIT: We just broke above as i was writing this, so we're in the trade now. Let's set the stoploss and see what happens
What I'm looking for on this set up:
- The overall trend is upwards and is moving between consistent higher lows and triangle patterns. for me this is the most easily predictable form of price movement and is why i like cryptos so much for trading.
- The triangles are great as after this kind of consolidation the price will usually pop in the direction of the break and you can get a really goo risk to reward. If we get a similar move to the last triangle we could be looking at 10:1 risk/reward or more.
- When these new coins get added to Poloniex there is often a hype about them creating massive volume and liquidity, as well as an overall buy panic. With this you get these really nice patterns and minimal erratic price movements. Pretty good because you can safely use a smaller stop (better R/R) without worrying that the price will suddenly drop and take out your stop.
Gonna move up a stop up under the 30 min or 1 hour swing lows and if we get a sudden large move upwards, i'll probably break down to a lower timeframe and move a stop under the lows there instead.
Hope this goes well for anyone involved...good luck!
Mark