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Matchpool

Guppy Trade Idea 9 February 2018 (75%+ gains possible) Guppy, one of my favourites! What do we see on this timeframe (4H candles)? - falling wedge in play - possibly leg D in the making now (on Twitter I've placed some tweets about some small plays, which I've executed) - MACD turning positive - No volume - RSI turning up What do we see on the 1D Candles? - RSI Turning up from 30 to 35 now - MACD about to make the positive cross - Still no volume Given the RSI on this timeframe + no volume I'd say we ain't over retracing. In that case I'm expecting a run down with finishing leg E. So, how do we execute this mid term trade? We'll be checking whether we can break the resistance or not. If we can break out here + retest successfully, I'm buying. If we can't break out of this one, we'll be checking where leg E ends and then I'm most definitely buying, given the price area. Targets: 1: 4800 sats 2: 6000 sats 3: 7000+ sats
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by CryptoMichNL
GUP 15M Timeframe Chart 15 December 2017GUP, another favourite of mine. Really nice to swingtrade on this one. The fibonacci levels are from a bigger frame, but just let's you see where it bounces nicely. The RSI is staying above 50, this is a green signal. Als MACD stays positive as well. We may draw two support lines in this case, as it has two pretty important ones: - the top one is an earlier resistance before the big jump up, now it looks like we have a support on that level - the bottom one it dropped down when BTC started running and can be found as a second support. Scenarios: - breakout on this level and perhaps some new up movements or at least nice swingtrades - drop to the lower support level and breakout from there - drop out of both support levels (unlikely), in that case we'll be using a stop loss and/or potentially buying on a lower level again. I'm buying on this level to start, if it drops down I'll accumulate more Guppy to lower my average buyin.
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by CryptoMichNL
GUPBTC: Bottom found?So Matchpool is an interesting token and has some potential. It's basically a platform for people to connect. So the community can create 'pools' where like minded individuals can congregate. Can be used for anything from dating to jobs etc etc. They recently announced that they would be moving over to the QTUM blockchain. Not sure if they are leaving Ethereum or not. On this chart, I'm wondering if GUP has finally bottomed and is posed for a turnaround. EMA are still upside down and bearish, but both RSI and Stoch are confirming oversold conditions with crossovers which could be signaling trend reversals. Now is definitely a risky time to be buying alts, so be careful. Matchpool is a very low cap alt, so the swings in either direction could be magnified.
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by dctobkk