Regardless of this coin's long term use/price/staying power/whatever, looking like quick scalp is in play shortly, hopefully anyway. Price appears to have bottomed and retested .30 cent line (and other trends) several several several very boring times. If this isn't ripe for a bounce then I would be very surprised and probably have not read enough books on trading yet. Well maybe surprised isn't the right description for crypto market lol.
Based on personal experience and very complicated TA (aka gut feeling) this is a type of coin that I could see pumping hard. Plus, this coin tends, or has tended, to perform better when BTC lags. Volume is super low too, and I think all the sellers have given up.
On a side note, I don't think we see any significant BTC retrace in near term, that's what everyone is expecting and believe we have more room to move up before that happens. Such would also help to confirm long upwards bull market. THANKFULLY!!! About f'ing time.
GL trading and any comments (unless ur annoying) are welcomed.
PS:
BTC over next 3-5 months. Will publish more detailed graph when able to
15-17K 9-10K 13-15K 19K 17.5K 23.5K 27.5K 17.5K 33.5K -Won't care too much anymore at this point. Fingers Crossed
Its a privacy coin with incredible real-world fundamentals...its just not well known at this time. Once the script-kiddies get a hold of it en mass, and starting depending on the VPN...once some folks start making tokens selling their bandwidth it will be pretty amazing. My only concern is how govts will react to it, because ISPs are going to be pretty upset.
Hazel-Ra-Owsla
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There has been fierce buy-back from the beginning, many are watching. The coin was liquid from the beginning.
I too have been watching this coin lull me to death. however there have been a few fun plays on it within the last month. I dont know that it needs to come to .25 but since volume is so low and market books are so thin one whale can get the party started and the cross on the 12/26 6hr will get the rest of the herd involved. on the other hand selling will accelerate to 25 cents of 29 cents gets taken out with some chop in between. thanks for your post brother.
Berkshire_Passaway
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@gregoryspirk, what im trying to say is i think we move up soon and if not im buying deep below 27 cents.
TheLuckyNoob
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@gregoryspirk, I figured. and ditto
Hazel-Ra-Owsla
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@TheLuckyNoob, If it crashes, it would be a flash-crash IMO...buying is robust 24/7 on this coin.
TheLuckyNoob
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@gregoryspirk, well said. I agree with you. Looking for a herd like atom the other day lol.
If i wasn't so exhausted and impatient today I'd try to buy in more amounts at lower levels but the .30 cent seems to be holding, if not should pop back up quickly. Or go to 10 and I cut myself. lol. Thanks for input tho, appreciate the feedback.
@Hazel-Ra-Owsla, i don't get it, is that a positive? or ur saying im buying ur higher prices? If so, the only bag I buy is my own bag, baby (Austin Powers anyone?). Also, please see above for reference about "annoying" comments. Thanks