PPC
PPC (Peercoin) - Buy Opportunity (400%+ potential)PPC (Peercoin), reminds me of the days of BTC-e, the now defunct Bitcoin exchange platform.
I use to trade this coin in the past, when I was a losing trader.
I know how it feels, first you panic buy, then panic sell. Over and over.
Once you have that part figured out, then you don't panic buy or sell but when the prices increase, you never sell right.
Until you have to figure out the next level and so on.
PPC is a strong coin, it was one of the first cryptocurrencies, it is paired almost identically, referring to chart action, to NameCoin (NMC), the second cryptocurrency after Bitcoin. Where Satoshi Nakamoto himself assisted in the development.
Anyways, we just had a breakout. So let's trade.
Indicators:
- New uptrend has been formed.
- Many positive bullish signs.
- MACD, RSI and STOCH are pointing up hard like a baseball bat.
- And the momentum hasn't even started yet.
- Low volume (room for growth).
Let's start with a wide buy in range, because this is a great coin for LONG term hold.
This is a safe trade and recommended by me.
Buy in range: 0.00020-0.00026
Stop loss: 0.000183
Targets:
(1) 0.000411
(2) 0.000742
(3) 0.001050
(4) 0.001680
(5) New ATH
Back in those days, when I was learning to trade.
I would take responsibility, for all my bad plays.
I knew it wasn't the trade, it was definitely not the coin.
I was conscious of my mistakes, but I could not overcome.
Experience didn't help, the more I trade the more I lost.
So I took a long time out, to figure out what was wrong.
As the months went by, and the situation didn't change.
I started asking myself, should I consider quitting this game?
But finally the answer came, and the solution present itself.
The problem wasn't trading, it was within myself.
So I focused on my personal growth, meditation and all.
And I came back in December, to become the biggest winner of all.
Thanks for your support.
Thanks for this trade.
Another opportunity has come.
Will you come, join me and play?
Namaste.
PPC is in an uptrend!PPC is in an uptrend. POLONIEX:PPCUSD
Cryptocurrency is in an uptrend.
Breakout is likely to the upside.
Let's see what the fractal gods decide. Inside pitchfork providing lower bounds support while building volume profile.
Describe what you think and why.
PPC Start real movementppc
breakup Falling Wedge
Real move start after pass 0.00024231
we ask Allah reconcile and repay
Peercoin RSI Divergence TradeWe're looking for a hard bounce in this long trade. Market cap is 35 million, circulating supply is 24.3 million. Peercoin price has been continually punished but the market recently was aggressively oversold, I'm looking at this as a long-term reversal opportunity. Volume today is a half million dollars, which is pretty thin, and this might also suggest a reversal as selling force evaporates and the buyers take over. The coin is flirting with it's all time lows from 2014, if you believe that the project is going to survive, these are attractive prices to buy and hold, for a few weeks or a few years. I like to buy assets that I feel will be profitable across multiple timeframes, that way if I miss a market event or things don't go exactly as planned, I've still got a margin of safety that guarantees the preservation of principal and that will allow me to hold it forever and know that I'll make money.
PPC - Poloniex : Maybe We can Get More?Here is my thoughts on PPC :
From early days, like many other cryptocurrencies, PPC went into a down trend in long time. BUT
Recently we see many coins rising up from death, like ZEC and few others. Also, the long term trend line is still not touched by the last wave, so, there is a possibility that PPC rise up from the current price (near the support line) up to meet that trend line. After that, there can be two futures for it.
1- Like ZEC and few other coins, it revives itself and goes above that bearish long time trend line
2- It reverse toward bearish market on that trend line, if this case happens, there is a chance that PPC may become dead in future like many many coins that came and gone !
I personally hope developers on PPC and LTC think about something to revive their situation on the market.
Peercoin breakout + increasing engagementPeerCoin is an old cryptocurrency project from August 2012. And it has kept an acceptable overall activity.
They are lately growing: +6000 twitter followers ( source ), wildly increased mining difficulty ( source ), and growing in googletrends ( source )
They have a fancy website with lots of information. I do recommend you to red their faq to learn the basis about Peercoin.
Technichally, to support a further move upwards in ppcbtc we have:
Long-term downwards trendline breakout with a succesfull retest and bounce at support.
Bullish weekly MACD.
About to have EMA (13,34) bullish cross for first time ever.
Closer look of PPCBTC daily chart with bullish EMA cross (89,144)
PPCUSD is also looking good. There we have:
Downtrend broken
Broken resistance and succesfull retest
Bullish weekly macd
Bullish EMA (21,55) for first time
Closer look in daily ppcusd chart
So this is a potentially super-profitable buy.
I have bought 6600 and have several buy orders down to 5700.
My targets are signaled in the chart (actual sell orders under the lines) and my SL would be under 5000.
Manage your risks properly and do not expose yourself to a highly volatile market as this more than you can afford. Going all-in into a trade should never be an option.
I added in related ideas similar setups that i've traded with high success.
Peercoin(PPC) PUMPDear friends!
I present to your attention the idea for trading in the medium term.
In connection with the latest events, for some currency pairs: LTCBTC, XRPBTC, DASHBTC and others. We have seen how the players of the POLONIEX exchange market inflate the value of these currencies. Recently, I posted a forecast for LTCUSD, which I still hold to the position that in the near future this currency will grow, but in connection with the previously inflated cost and the lack of open positions on this pair, I offer you an alternative that I think does not seem to Less worthy, and in some cases even more, while around it there is no such excitement and a number of different speculative factors that are currently affecting LTC. Therefore, this trading position will fundamentally be safer than trading in other currencies, which are currently heard by everyone.
My idea is based on the analysis of the capitalization market chart on the corresponding resource, which in my opinion repeats the pattern of October 7, 2013.
Please read this information:
Https://coinmarketcap.com/currencies/peercoin/
Peercoin is currently on the 37th place in the list of this resource and attracts a minimum of attention, which allows us to enter at less appropriate prices for this currency, and not as we see now in the pair LTCUSD.
The main trading volume for this currency is created by the BTC-e exchange. But periodically I was noticed activity in volumes from players of the POLONIEX stock exchange (the same thing I saw a few days before the LTC cost increase).
If you believe the schedule of coinmarketcap, then in 2013, we have already seen 7.13 $ for this currency, despite the fact that at the moment its value is only 0.65 $ after a long fall, which lasted for 4 years.
Summing up the results I will list a number of factors on which I will participate in this trade and consider it promising:
1. Currency capitalization pattern on coinmarketcap
2. Violation of the resistance level for the PPCBTC pair. I draw your attention that, as a rule, most of the bubbles in alternative currency markets are relative to BTC, not USD.
3. This currency is mostly traded on the BTC-e, where most traders are newcomers, just as I myself, but with less experience trading in the markets of crypto-currencies. :)
This idea will be updated as the value changes. I sincerely believe that my forecast is at least partly true, but whether or not it will only show time.
P.S. I apologize for my English, Google Translater helped me a lot. Thanks to all.
NMC finally moving?This might be a kneejerk reaction to the spike we've just observed in NMC.
This is a coin I've followed since 2014, watching its massive gains and now massive lows.
Very likely that I will be grabbing 12k or so NMC this morning and holding for the next few days. 0.30 is my first target, however depending (Of course) on Bitcoin's movement the potential for gains with this coin are higher than ever.
Veteran Alts Regain and Reverse Against EthereumInteresting to look at the market conditions in terms of established alt coins and Ethereum.
It's no surprise that Ethereum is heavily weighted in the crypto-markets and has had an impact on mostly
all coins that share an exchange with it. When Ethereum was added to BTC-e it was introduced
into a small, select group of well established alt coins such as LTC, PPC, and NMC. These coins have
had 4 years or more of existence in this space and perhaps have undergone the trials of true price
discovery. I believe it should be noted that the Ethereum has yet to undergo the trials and tribulations
of price discovery. It seems that there will be a "retaking" of market share from Ethereum by older alt coins
and perhaps this is the start of it.