Pascalcoin
Poloniex, PascalPascalcoin finally stopped it's bearish market around a month ago, but, as you see in this picture, that triangle shape is what i have seen time and time again in different crypto markets when they stop the bearish move at their price floor, after this triangle shape, near a week or two (maybe) the market starts a very strong parabolic move upward. other that that, in lower time frames, time and time again you see the constant rise in the volume indicator while the price is going sideways, a clear and nice indication of "smart money" entering the market. it looks like time for entering this market came finally, remember, for mid to long time swings, this market has it'a main and strong resistance at 50000 satoshi ! bellow that, it will be normal wave movement upward. if it break that resistance (mod to low chance) you can easily find upper targets using a fibo extension tool (ignoring the first week move, just go for the previous normal wave and you get nice and interesting targets higher than the resistance line!)
PASC/BTCI think it is going to make a cup
this is a test chart And it has no other value dont use it but if you have any ideas about it please tell your comment about it. thank you regards
PASC/BTC Downward trendline broken through.A few days ago, we were able to localize a trend change through the MCDA and RSI. Now the course has to break the downtrend line. Whether it is really direction of the orange trend line is going to show up in the near future.
PASC BTC SHORTPascal Coin emerges from the triangle and goes to the moon))
first line x2
Exit to the third triangle
Maintain the top position
Is Pascalcoin About to Begin a Major Bull-Run? (Elliott Wave)Like and Follow for more Updates and Ideas
It appears that PASCBTC is in a non-limiting triangle which could be coming to a completion now. It appears that this triangle is following the first zigzag as an x-wave. This means that we could get a larger corrective bull-run that is probably a wave-b. It could either be a double or a triple combination, but wave-b will probably eventually retrace about 60-80% before getting a much larger impulsive bull-run. Even if it does get a deep retracement this will still probably be one of the lowest prices we see for Pascalcoin.
Fundamentally, Pascalcoin is the first coin to be built using the Pascal coding language. This opens the door to a huge amount of Pascal coders being able to code with an already existing cryptocurrency, because before now all cryptos have been written in C++ and so a Pascal coder would not be able to code software for any cryptocurrency until Pascalcoin was released. Also Pascalcoin uses "accounts" instead of addresses like bitcoin, and these accounts are generated through mining, and so they actually have value too and that creates an entirely new "account market" that does not exist on other cryptocurrencies. These accounts are also a lot easier to remember than a cryptographic Bitcoin address so it makes it a lot more similar to an actual bank account. Being that this is the first coin made in Pascal it should be interesting to see what Pascal coders come up with using this coin and other coins that have already been forked from Pascalcoin, such as Pascalcoin Lite.
Pascal Coin buy opportunity It seems to me that pair found very strong support around 0.00012000 level. There is a visible GAP on daily chart which is respected very nicely on 4H chart.I would buy pair at this level with SL below mentioned support and TP around last highs.I would expect the pair to consolidate for some time around 200 ema, then eventually ema should hold the price and give it nice boost.
I think that it is quite possible that price will go down further which will make better opportunity to open long position with much better risk/reward ratio.
Chance to bounce from the levelBut it`s only a chance... Risk/profit is almost the same!
And remember that there is no volumes now.
Trying to rich a new high..In my opinion there is a strong possibility to reach this goal - last high again and a new one even..
PascalCoin / Bitcoin - Breakout buy of consolidation - PASCBTCHi,
Well, i'm going to try this setup on this inside bar. you should be able to get all the info you need from the chart.
The setup is in blue and the analysis is in yellow.
Cheeeeeeeers!
Mark
PascalCoin / Bitcoin trade management 3 - PASCBTCHi!
Just a quick update:
- Going to add to my position after the break up of this smaller triangle that is forming.
- I'm also going to move my stop up to the red line.
PascalCoin / Bitcoin trade management 2 - PASCBTCHey good morning,
Time to get back into PascalCoin.
We're going for another break after this sideways movement. It's a little messy but basically forming a working triangle pattern enough that it's worth trying it. We're getting a consolidation of the price sideways.
Getting in:
We're going to buy the break of the last high, as indicated on the chart
Stoploss:
There are two potential stoploss placements.
- Stoploss B, which is the safe version. If we're going up it's very unlikely that the price will return down past stoploss B.
- Stoploss A is a more aggressive stop. But if you look back at the brevious break, once the price starts going up it pops and moves for some time, almost always not returning anywhere near the level of stoploss A. With this smaller stop we get a much better risk to reward.
What am I looking for?
- We're going through the motions on this PascalCoin trend. It's classic good moving crypto. We're going in and out of strong upwards moves and triangle consolidation. While this pattern keeps repeating we just need to keep buying the breakouts.
- the price is almost completely respecting the larger trendline (yellow) and the moving averages. (with the exception of this last triangle - which i will take as an early warning sign that the upwards structure may be about to break)
Good Luck!
Mark
