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koryu
12 мая 2016 г., 15:06

XCP weekly break out  Длинная

Описание

xcp long term downtrend was broken on highest volume of all time. Then tested again on weekly.

It's high risk asset with low volume but high reward possible with a small position.
Support is currently found at 0.003

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It's up 100%, sold half of my coins (risk management), keeping the rest for the long run.

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any comments / ideas on this? should have used the rsi(low)

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good news: Japanese exchange Zaif added XCP trading

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daily macd turned green again

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break out would be very cool ;-)

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nice its flying high, couldnt resist to take another partial profit 0.009

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no reason to panic, I am still bullish for longer term but on 4h i think it could go lower before up. The top has a div and the low too.
So if looking to buy in, i think its time to wait and be patient.

Сделка закрыта: достигнута тейк-профит цена

This went up quicker as i thought, gonna stop commenting this trade. good luck everyone.
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coinspain
thank you !!!!
But perhaps it is now late to buy it?
koryu
welcome :) hard to says now, i dont like to give an advise on it. Best buy was 0.002-0.003, now the risk/reward is not so good anymore. If you have already a long take some profit or let it run with stop loss, imo.
coinspain
Hello !!! I understand that giving advice here is difficult .... but I really want your opinion, I think I'll let it go because I see too much risk
Thank you
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