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
XCP
USDT -XCP - Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10
Date : Since 2014 ( 8 / 10 )
Volume 24 H : 3 BTC ( 2 / 10 )
Available Markets* ( 2 / 10 )
Social Media Rate ( 4 / 10 )
Ranks **325 ( 6 / 10 )
Website ( 6 / 10 )
Type Pioneering Peer-to-Peer Finance. RT ≠ endorsement
Overall ( 5 /10 )
Everyone was targeting $100 for XCP! XCP didnt make them down.
However, 90 % people lost money on XCP . WHY?
1 )They didnt know TA
2 ) They didnt know how to take profit
3 ) They were just blindly waiting Lamborghini !
In a bull market, Everyone is genius. They think They know everything.
When the bear market comes, It took everything ! Not just the profit !!!
When I first met with XCP on February 2017 , He was a baby with $2 valuation. No one was expecting anything from him. I was also not optimistic about him until He came $12 . Most of you already know the rest of the story.
What is next? It is close to $2 level right now, It broke the downtrend-line line, After losing 98% value. As long as it is above the support line, We can target the next resistance levels. Otherwise, It will lose 50 % value !
I recently bought a huge bag of XCP with a stop loss. Let's see how it goes!
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
Time to Counterparty like the bear never existed XCP/BTCThis is a beautiful chart that has shown an ABC Elliot Wave correction. It has a strong support at 60k satoshi since that is the coins ATL (All time low). it also matches very well with the fibbonacci theory of shorting the falling trend (surprisem surprise) It has tested the support once, but had a quick bounce back to 70k-ish levels.
This chart looks like its preparing for the next bull run and the potential on it is pretty good. The volume on is still pretty weak so if someone wants to wait a little bit long before confirmation I can't blame them. The rounded bottom on the 4h and 1d candles looks sick. It's only the matter of time when this coin explodes.
Also one good key to mention is that RSI on weekly is EXTREMELY oversold and the only time it was this oversold was January of 2016 when the coin jumped 700% in the next few months.
CounterParty XCP 150% - 300% Potential ProfitsCoin Description : The protocol’s native currency, XCP, is the fuel that powers Counterparty. It is slightly deflationary, with approximately 2.6 million XCP having been created by burning Bitcoins in January 2014. Counterparty provides users with the world's first functioning decentralized digital currency exchange, as well as the ability to create their own virtual assets, issue dividends, create price feeds, bets and contracts for difference.
Technical Analysis :
From the technical perspective XCP's chart is basically in a downward trend for some time now. Like most of the alt coins its been in a continuous downward movement after a mid term reversal pattern before the falling trend pattern of the whole crypto market started in May. We are almost at the point of the dip of the coin in recent times and it already is reaching the last phase of the falling wedge patterns both in the mid and long term time frame. . RSI is curving upwards and if volume can continue the little hint of increasing for the past 2 days 50EMA and 89EMA will also be in effect and might be a good potential remark for a reversal. Our confirmation will be signaled if only XCP breaks the falling wedge and close above in the by the following days. Here since we are at the end of the week and weekend effect on crypto is coming we might not a good reversal trend but once it breaks and attracts traders by that we might see a good potential 100% to 300% depending on our investment insight.
Our potential resistance lines for our distribution strategy are as follows.
Entry Zone : 50000 sats - 55000 sats
Sell Targets :
Target 1 : 95441 sats
Target 2 : 125364 sats
Target 3 : 149549 sats
Target 4 : 173733 sats
Target 5 : 208165 sats
Target 6 : 252025 sats
Stop Loss : 44500 sats
Good Luck.
Legal disclaimer:
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.
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XCP/BTC Long Trade is OvercrowdedCounterparty (XCP) is one of the older cryptos that has been around since 2014 and it has survived through many market cycles. The prevailing notion is that XCP is at long-term years long support and should go up from here. However XCP has struggled to rally from these "guaranteed bottoms" and faces significant resistance above current levels. I see a possible drop down to 0.00085 (January 2016 lows) similar to support breaks like MTL and XRP recently. I do have a bag with a stop at 0.00098
Counterparty RiskyLime green box is buying on tested support.
July 2018 newsletter:
counterparty.io
Newly released block explorer:
xcpfox.com
This shit is over four years old!!!
Counterparty Rejecting Long-Term TrendlineAt the beginning of April Counterparty rejected the long-term uptrend trendline. The price went up from $10 to $23, after which another corrective wave down followed. At the end of May, Counterparty rejected the long term uptrend trendline once again suggesting yet anther wave up.
The resistance is seen at $31, which is confirmed by two Fibonacci retracement levels. First is 161.8% Fibs applied to the current corrective wave down, where the trendline was rejected. Second Fibs applied from October low, up to the all-time high, and it is 76.4% Fibs.
It seems this is a key resistance level, break of which could confirm a long term uptrend, while the rejection might result in a strong corrective wave down.
The downside risk still remains, but to confirm XCP/USD bearish intentions, price has to break and close below $9.5 level. In this case Counterparty could continue moving lower, or extend the consolidation period.
How I've traded and made a money using $XCP Weekly chartHistory repeats itself. XCP has shown that it takes a bit to get moving, but when it does...stand by.
XCP in the buy zonersi and stoch rsi still looks shit. i expect it to dump more however give the fact that this coin is more than 3 yrs old and it barely dipped below 0.001554 i would consider setting a buy order
you shouldnt listen to this nag here, im out trade safe
xoxo
XCP/BTC Trade Opportunity!Some powerful criterias matching here and that makes this trade pretty good!
1. Trendline bounce 4x
2. Resistance becomes support & support matching with Fibonacci 62% rejection level!
Let's see how it plays out!
Good Luck!
Counterparty (XCP) Should Hit 2x Before the month End of August BITTREX:XCPBTC is coin which comes across the #Top250 Cryptocurrecies.
In past history of this coin , the Price goes from 0.002 to hit 0.007 level,
Follows the same Pattern.
Price goes from buying zone and hit the resistance level, then again came to thebottom
Now the price is almost at buying zone, just started Pumping,
As Per as Chart, in past every time price taken 3-5 months to reachs the top ,
So we can expect more than 2x from this coin, if the Price follow the pattern.
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***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Counterparty Long Term ViewCounterparty seem to find the bottom near $10 psychological support area. Price has reached the low at $9.63 where it rejected the uptrend trendline. Current price action suggests that the long term uptrend is likely to continue, especially after the 50 Moving Average has been broken on a Daily chart.
There are two resistance levels to watch, first is 76.4% Fibonacci retracement level at $82, second is $130, that is 127.2% Fibs. Counterparty remains one of the most undervalued coins right now and it could potentially have a huge growth this year, especially if it manages to break above the $130 level.
On the downside, while XCP/USD is holding the 50 Moving Average support price is likely to continue moving upwards, but only break and close below $16 support could send it back to $10 support.
$xcp no idea why i keep buying this, actually yes i remember nowbought a bunch at .0037 (now half price weee) after selling trading account above 055 or whatever. Bought more under 002. Where is my stop? I dont have any, this could run to lows or new lows, it will then retrace up to .6+ the range it came down or whatever fib you want to choose "eventually".
last pump was ~6 $ to 100$, yes $$ not btc. Silly noobs have no idea why ppl use usd for charting stuff.
3x gain if u buy it here$XCP is being used by a lot of coders for different projects. So 300% is not out of the question for it, especially based on its historical data.
I got mine in the blue box and we just touched the top of it, so get a good entry.
XCP/BTC long short midle verry similliar movements on chart so we can trade it in short time but its also good project to hold it for a while :) still in good buy position
Counterparty VS Bitcion Reversal AttemptCounterparty seem to have found the bottom at BTC 0.00133, as after bouncing off that level price started to produce higher highs and higher lows. The break above the downtrend trendline as well as 50 Moving Average suggests that it could be an attempt to revers the trend to the upside.
The uptrend trendline is being rejected and today XCP/BTC broke, and currently trading above the 50 Moving Average once again. Nevertheless, before confirming the uptrend, Counterparty must break all the upcoming resistance levels.
First is at 88.6% Fibonacci retracement level at BTC 0.00186, which has been previously broken from above. Second resistance has been already formed on 3rd of March as is based at BTC 0.00214. And final resistance is at 76.4% Fibonacci, that is BTC 0.00255.
Daily break and close above the final resistance should confirm trend reversal, but before that, any upwards move should be considered as a correction.
On a downside, break and close below the uptrend trendline should invalidate short term bullish outlook and extend the consolidation, potentially sending XCP/BTC down to psychological support at BTC 0.001
XCP BTC - CounterpartyLong from 0.00187400 to target price of 0.00298934. Profit taking at flag breakout price target, resistance point and exit the trade at the chart filling target price.
