CPC had a strong breakout today and has pulled back hard. I am seeing an impulsive move followed by a 3-wave correction into a support zone. I believe this zone is a strong support because heavy volume took place in this zone. This is a short term trade. SL .00009 Good Luck, Alex
I missed selling it at the top. Any thoughts how long would i have to hold?
rszabo021
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@danyal2k, On these pump and dump coins you can't just leave and not look for a while...
MSNEAD1992
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@danyal2k, it should be finishing wave 4, so in theory wave 5 should come shortly, unless that second top was a weak 5th wave. if this wave 3 (day scale) is over with it could correct until feb. 1st area. we are approaching ATH in USD value im really excited to see what this coin has in store. im long.
WhaleWatchersTrading
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@danyal2k, If you're trading for the targets on the chart I'd be surprised if you had to hold for more than a few days
Braulio789
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hmmm, what to do now? Why do I feel like some big players know this is either a great chart to trade off or a delisting pump? Wish I knew
WhaleWatchersTrading
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@Braulio789, I think that the big players will seek more profits than what they have made already. I believe this currency has a lot more room to grow.