We have to be careful Pirate Chain PirateChain arrrIt is safe to say that the worst currency in recent days with negative returns.
It is slowly becoming like a scam project. Each exchange has a very different price .in coinex 5.5$ other exchange 8.5$ and . ......
I think the thieves are really behind this currency.We have to be careful
ARRRUSD trade ideas
Come'on 50 dollar end of May!Normaly by the end of the week they have the problem solved for creating mass amounts of adresses what is needed for the exchanges (now there are some problems withdrawl and/or deposits on exchanges).
Also their are launching wrapped ARRR (WARRR) next month (with luck end of this month). This will make it possible to get WARRR on swapexchanges. So people can swap their BTC to WARRR and then to 'real' ARRR and the otherway around. This will be a major step for Pirate Chain in my eyes. (source: twitter.com)
And their is a hardwallet coming for ARRR (and LOTS more cryptocoins)! twitter.com
I preorded mine at kickstarter, Estimated time of arrival: august.
This is a project really really worth looking into!
Real price chart: coinpaprika.com
Pirate Coin ARRR Breaks out of Wedge 60% Measured Move inbound Pirate coin breaks through resistance on falling wedge
Provided BTC s volatility is steady and we close outside of the
resistance . We have a measured move up till 16$ and potential
to complete 1-1 EXT at $20 USD ..
But first lets get a close outside of the resistance .
Manage your risk and know your invalidation
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ARRR update Crack in the Cup? Either 16.00 or .88cNot financial advice.
Do not FOMO.
DO NOT OVERSPEND!!!!
Can't say this enough..
Look at previous analysis where i speculated a cup and handle.
Still okay there SO FAR..... But very concerning trend here. Lower volumes.
Lower Daily highs.
6.20-6.60 is the "Cup" for the cup and handle
Super important level to hold.
Wait for confirmed breakout before entry
Or place small orders just in case we turn to the upside.
Orders very very small
2-7.00 range
Example
10.00 @ 2.00 range
10.00@ 3.00 range
10.00@4.00 range
10.00@5.00
10.00@6.00
10.00@6.60
10.00@7.00
This minimizes your loss while catching the potential bottoms. And let's you know to insert more capital or take the minimal loss.
Will know more in few days.
Highlighted levels for potential breakout
Mid 8 range.
Sorry Guys. Risk not worth reward at the moment.
To be 100% honest. This isnt looking pretty.
I'd be more keen to bet on previous retest of all time high of 1.40-1.50 range.
Especially if we lose the 7.00 range on the daily.
I'm out... Just my profit was left in.
My initial investment has been pulled for some time now.
Just an update from previous chart
We could be looking at a potential pullback to .88c range if we can't stay above the 6.60 range.
7.04 is baseline.
Cup and handle is still in effect if the 6.60 level holds.
Patience is what we do here....
Minimize losses catch the dip.
For confirmations.
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#financialnostradamus
#poorfromtheoutside
#PFTO
ARRR update Cup and handle Descending 🔺. Patience 5.75 entryNot financial advice.
Still creating lower high and still will be 15-20% price swings as my descending triangle narrows.
Let it settle then entry or cycle in small purchases everyday to reduce your cost risk just in case of a breakout.
Cup and Handle pattern.
Look for entry around 5.50
You can cycle your buys in around the
8.00 range small buy 7.00 a little bigger buy
6.00 a little bigger 5.00 a little bigger.
Don't overdue it just in case this cup and handle is invalidated.
Wont be a straight shot up now.
So even if you would like for the ground floor to be established before cycling in purchases.
That would be smart as well.
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Update - #ARRR Pirate chain Is now 30%+ from our entry The well needed bounce back is here! Yesterday we caught our low at $7.8 basing decision from heavy wicks being rejected from support.
This is a typical bullish wedge play and is quite easy to spot in continuation. For those who have entered well done! If you are looking to enter i would do it now to join bullish price action.
ARRR Up 5500% Since My First Post Unbelievable Not financial advice.
"Practice Patience to prosper and profit"
Legalizedhustler
I'm so blown away that since my first post on here when I said it could 50x it did and did more than that it has went up 5500% since that post.
Now we are in descending triangle.
I have chart marked with potential buy zone before next upswing.
If you really don't want to miss out.
Average your buys starting around 8.00 range with your max purchase at 4.00 range.
Lets see if anymore surprises are in store for ARRR.
Long term potential of 30.00 is viable as noted from my first post where I said it can 100x.
If your in need and not comfortable trading in the crypto markets or a new to trading in gemeral and would like a sound investment strategy moving forward.
Pm me it requires patience but it pays off
Support the legalizedhustler
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#financialnostradamus
#poorfromtheoutside
#PFTO
#ARRR Has been making moves recently, nearly 3000% This little known privacy coin which can revolutionise the way we protect our assets from tax authorities is a one to watch.
Currently trading in a Bullish Wedge and we can see strong support being built up. Buy on break and retest.
Feedback is welcome and hope this can be your 20X Coin to hold or trade :)
Love LVX