A high volume buying climax in the last couple of day is playing out the accumulation range previously identified and we are now in the markup phase. See the post made in January below. However, the high volume is likely to be a buying climax that is likely to roll out into a trading range. This trading range is likely to be a reaccumulation trading range and...
Peercoin #PPC is one of only 7 cryptos that were around in early 2013. Each cycle it pumps incredibly high. It's one of the laggards as always. This cycle it is heading to $50
PPC has been showing abnormally high volumes since May 2020 as it was forming a bottom. Now after finalising the accumulation volume has increased even more pushing price higher and I am expecting a markup to start possibly reaching as high as R5 before reaching the next important decision point.
The downtrend may continue after the breakout of the support level at 13.74. Poor third-quarter performance or the fall in major stock indices may be additional factors in favor of the fall.
Watchlist Large volume done Price cleared recent short term resistance See if price can hold above 99c level and clear 1.02 Trading above VWAP and forming a consolidating pattern on M1 chart
PPC: Strong Rejection of Descneding Triangle
Jumped over 10% in the morning, will need to break the trendline to remain interesting. Disclaimer: The views provided herein do not constitute financial advice. Please feel free to comment, critique or add to my view, I welcome feedback, whether it agrees with my views or not. This idea is based on my strategy, please consider your own before using it in any...
PPC finally broke the downtrend - will keep a close eye whether it holds on.
Not much, but keeping an eye if it can break the resistance line. Disclaimer: The views provided herein do not constitute financial advice. Please feel free to comment, critique or add to my view, I welcome feedback, whether it agrees with my views or not. This idea is based on my strategy, please consider your own before using it in any way. Always use a...
Something like 700% down from where it was a year ago, I don't expect a quick rise, but think it might be worth a shot here. Disclaimer: The views provided herein do not constitute financial advice. Please feel free to comment, critique or add to my view, I welcome feedback, whether it agrees with my views or not. This idea is based on my strategy, please...
To me it looks like Peercoin has exited the downtrend lasting from it's former ATH and has entered a new, mature market epoch. PoW difficulty chart seems to support this thesis: www.peercoinexplorer.net So does the PoS difficulty chart, which shows that more and more Peercoins are participating in PoS: www.peercoinexplorer.net
Seeing the same pattern playing out with PPC as with RDF and SOL. Bottom and then a 5 Wave rising channel. PPC also got good volumes on the Weekly timeframe. * Not Financial Advice.
Peercoin showing bullish signals on the weekly time frame, targeting previous resistance zone for a 70% swing trade. A valid entry is under the 0.00003200 Entry = 0.00002890 SL = 0.00002365 TP = 0.00005172
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...
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...
Peercoin (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...
Technical 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: ....