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PPCBTC trade ideas

Peercoin continues to regain the foothold against BitcoinAs described before, Tether fueled Bitcoin bull runs were not good for PPC-BTC ratio. Bitcoin bear markets is when this usually turns around and Peercoin regains ground. This turn-around could also break the multi-year downtrend in PPC-BTC. Price is now over weekly EMA(100), it has retested it once and has bounce back up. Next obvious target is 4500-5000 satoshi along that horizontal resistance. Beyond that, retest of May 2021 high between 8000 and 10000 satoshi. Network hashrate is exploding as well: pbs.twimg.com Anyway, fun times for Peercoin bulls.
Long
by Owcheew8
Peercoin Is Now Ready To Grow (Fib. Targets)We looked at Peercoin (PPCBTC) long-term recently, I will share the trade idea below. Here we have a closer look at the chart with short-term targets based on Fib. proportions. PPCBTC broke above EMA50 and MA200 and peaked when it hit EMA200 at 0.00003198, soon after prices started to retrace. Resistance turned support After EMA50 (magenta line on the chart) was conquered, prices for PPCBTC moved back down and tested this level as support at ~0.00002500. EMA50 held and prices are now back above this level and also above MA200 (black line). What this means is that PPCBTC can easily start to move up from here (green arrow). Conditionsfor change If momentum is lost and prices move lower, the red arrow comes into play. Right now we are looking bullish, so we aim at the Fib. targets next. Thanks a lot for reading. Namaste. -- Peercoin Awakens | Full Chart W/ Long-Term Targets (12,000%+ PP)
by MasterAnanda
1
Peercoin Awakens | Full Chart W/ Long-Term Targets (12,000%+ PP)Peercoin (PPCBTC) is starting to wake up after a new all-time low and years of bear action... Let's take a look. Let's start with the long-term chart, here we have the ATL sitting at 0.00001950: Over 12,000 potential profits from current prices to our ATH (we are using Nov. 2016 peak prices as all-time high). Consolidating since July 2019. The RSI just made a nice jump and is really bullish (we are bullish above 40 on the weekly timeframe). Prices are trading above EMA10. When we look at the daily timeframe, we can find more bullish signals... Peercoin (PPCBTC) Daily (D) MA200 conquered yesterday. Trading volume starting to increase. New uptrend forming. Bullish MACD. Peercoin is very likely to start growing long-term... Remember to have a plan/strategy in place before buying anything if you decide to trade. Thanks a lot for reading. Namaste.
Long
by MasterAnanda
2
Altcoin/Shitcoin - How to Play The GameMany people got burnt in Crypto because they don't understand how the market works. They don't understand how the cycle works. Like any market or natural phenomenon, the crypto market moves in cycle. It doesn't matter. Fundamentals doesn't matter. The only things that matters are the whales, how much capital are coming in and how much interest they get from newcomers. Newcomers always came at the peak of bubble, buying at the peak and losing 99% of their money. In the meantime, Whales will accumulate and buy at the bottom to make 100x or more profit. This has happened again and again the crypto market for the last 2 cycles. So, if you bought the 2017 top, its your fault, you should have cut your losses and find a better entry positions. If you are a trader, there is a lot of opportunities to make money in this market. If you understand how it works. Most coins will die and will not be traded, delisted from exchanges and can't not be bought or sold. Some will thrive. Choose your trade. Know how to play the game. Stop blaming other people. This is how free market works.
by UnknownUnicorn735418
Peercoin Hits Bottom | Up to 8300% PProfits To All-Time HighPeercoin (PPCBTC), one of the first cryptocurrency projects to launch and also a classic, hit a new all-time low on the week of the 15th of July and started to print some bullish signals... Let's take a look: After hitting a new ATL, PPCBTC printed the "Morning star" pattern. This is a bullish pattern and holds additional strength here as we are looking at the weekly time frame. Together with this new low and the bullish candlestick pattern, we can see a massive increase in trading volume and a huge 100%+ bounce. Long-term bullish divergence, since late 2017, can be spotted on the MACD (purple arrow). The RSI hit massively oversold and its lowest ever. The profits potential for PPCBTC from the current price (0.00004128) to Novembers '16 peak price, is a massive 8300%+. Just reaching EMA50 (0.00011630) from the current price, which can be easily achieved, can generate a generous 181% gains. As you can see, Peercoin has been available for trading on Bittrex since April 2014. Good for long-term hold and to diversify. Any questions? Feel free to use the comments section below... It will be my pleasure to answer any questions. Namaste.
Long
by MasterAnanda
7
Peercoin Intraday Timeframe Analysis. Bullish OpportunityConclusion for today's Peercoin (PPCBTC) analysis: A close above ~~0.00011711  implies resumption of bullish momentum in Peercoin. Peercoin analysis for today is carried out on a 6 hour timeframe chart using a log scale. Historical data going as far back as November 2018 till current date is shown on the chart with the major downward trend. Two major trendlines are plotted on the chart. Bearish trendline from November 2018 closest to price action and the bearish trendline since May 2018. The latter trendline is close to a major resistance zone in Peercoin that is expected to present a challenge to any bullish swing that develops. Price low achieved on July 16, 2019 was followed by a bullish swing upwards after which Peercoin has traded in a sideways (ranging) environment. A break above the bearish trendline since November of 2018 increases the chance of the current bullish swing making progress, while a close below ~0.00002646 implies the resumption of the existing bearish trend. Strategies for going long include buying as soon as price retraces to ~0.00003201 or buying as soon as price breaks above ~0.00005271. Minimum profit target for either scenario is the lower boundary of resistance at ~0.00011711.
by Coin_Analyst
A trading opportunity to buy in PPCBTCTechnical analysis: . PEERCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. . The price downtrend in the daily chart and the RSI downtrend are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . Price is in the support zone (0.00013300 to 0.00011550), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.00013300) Ending of entry zone (0.00011550) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00017960 TP2= @ 0.00021130 TP3= @ 0.00025085 TP4= @ 0.00029140 TP5= @ 0.00033495 TP6= @ 0.00038600 TP7= @ 0.00047070 TP8= @ 0.00069000 TP9= Free
Long
by ForecastCity
3
PPC-BTC Long Trade PlanCommodity : PEER COIN Trade Type : LONG Trading Against : BITCOIN Entries : Double-UP Entries throughout the Buy Zone Profit Taking : 25% at each TP point Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 1-2 weeks Investment in trade : 5% of the total Trading Balance. Prospective Profit : 11.34% to 25.74% Prospective Loss : 9.27% RRR : SL to TP1 is 1.22, SL to TP2 is 1.98 and SL to TP3 is 2.78 Buy Zone/TPs/SL price points are marked in the chart as follows Greens - Profit Targets (TPs) Blue - Buy Zone (Entries) Red - Stop Loss (SL)
Long
by CryptoTherapist
There is a possibility for the beginning of an uptrend in PPCBTCTechnical analysis: . PEERCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00014140 to 0.00011550). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00014140) Ending of entry zone (0.00011550) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00018880 TP2= @ 0.00021130 TP3= @ 0.00025085 TP4= @ 0.00029140 TP5= @ 0.00033495 TP6= @ 0.00038600 TP7= @ 0.00047070 TP8= @ 0.00069000 TP9= Free
Long
by ForecastCity
There is a possibility for the beginning of an uptrend in PPCBTCTechnical analysis: . PEERCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00014140 to 0.00011550). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00014140) Ending of entry zone (0.00011550) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00018880 TP2= @ 0.00021130 TP3= @ 0.00025085 TP4= @ 0.00029140 TP5= @ 0.00033495 TP6= @ 0.00038600 TP7= @ 0.00047070 TP8= @ 0.00069000 TP9= Free
Long
by ForecastCity