Markets so strong but still I trade patterns so going short around 1840
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...
Interesting 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,...
Just an observation.
Pamp it guys. I wanna see 6x return. In all seriousness Im trying some things a little different. If you notice, at no time in history did we go sideways this long. If you buy, set a close stop. Low downside potential (despite few devs), and high upside, imo from 2 to 6x btc. Smaller Xs values for shorter time frames. Traditionally PPC, LTC, and NMC move...
Describe what you think and why.
I really like peercoin, PPCBTC for different reasons (bagholding is one), heres a chart, half inspired by Zar Nagar and Dj Thisle 2 who introduced me to the wyckoff model (this case in the chart doesnt really apply but its similar). He has a trading telegram and learn to trade forum on coinstreetnews - google it, its like .3 btc and will help you if you dont know...
Ethereum ETH Massive downtrend to 0.0122-0.0123 once support box broken
Long position opportunity with BTCE:PPCBTC also with OBV Profile Trending Upwards Breakout approximately around beginning of 2017.
Attempting to break from accumulation range?
Peercoin and Namecoin have a significant price correlation due to their highest volume being traded on the same exchange, BTCe. Namecoin's recent trading volume increase on BTCe and Poloniex signals the start of a BTCe alt coin rally. There is plenty of room for the average directional index (ADX) to continue upwards with the +DI line following it's lead. With the...
PPC is at a major market pivot point. It has been moving sideways for so long that it has crossed over most sloping downtrend resistance lines. However it keeps getting rejected at a horizontal price level. This level was once support but is now resistance. The MACD has not given away all it’s momentum yet, but if the price drops below support in this very tight...
PPC Expected to open at 35.94 for a Retest Gap. Watch for nearby support/resistance. To learn this strategy for free, go to www.RealLifeTrading.com
I've seen this question come up a lot since Bitcoin begun rising. These two altcoins have historically followed each other very closely in terms of price until recently. As Bitcoin rises and altcoin prices have fallen, we have seen Peercoin (PPC) drop below Namecoin (NMC) significantly. I believe the explanation for this is quite simple: there are more Peercoins...
PPC is oversold to the craphouse.... Here comes that reversal