Primecoin (XPM) is a very old coin, launched on 2013-07-07. That’s old, specially for this market.
This coin is low volume but the charts are looking good. Ranked 380 on Coinmarketcap at the time of this writing.
I will base my profit potentials on the June 2015 high of 0.00111150. The charts will tell us the rest.
This is long term. The analysis will be based on the weekly charts. So we will need 1 week to get 1 new candle. And we will also need 1 week at least, to track new action. This way you can relax, enjoy your day, beach, park, river, etc. This is good. We buy and forget. Set it and forget it.
Trade in peace. Make money while you sleep. Stress free.
Now… Let’s trade.
Primecoin (XPM) Technical Analysis
- The first signal I noticed when looking at the Primecoin (XPM) chart, is the strong support on the daily/weekly charts. This support was held for two months, until enough strength was built to move up, and now we have these months of build up as an advantage to our long term trade. These levels will be a great support.
Here is the chart for your learning and entertainment:
- Now let’s look at the weekly chart. This is more interesting to me. To us. To make easy money, while relaxing, sleeping, meditating, praying, reading, learning and so on. You can literally set this trade and come back to receive the profits when we are done. Anyways, let’s get to the analysis shall we?
- The weekly chart looks really good for long term growth. Here I like the MACD crossover with the curve at the bottom. This curve is a healthy and strong rebound. A not so healthy rebound would like like a sudden spike.
- The RSI has plenty of room for growth and has been moving up for an entire month. Now is resting a little bit to keep its climb once we join in.
- The STOCH indicator is overloaded, but this one moves fast and will be giving the signals we want in maybe 3 days. While the DMI is also strong on bullish signals.
Here is the chart for your learning and entertainment, enjoy it, this is just for your fun. You can just follow the instructions an trade based on that; learn while you make money but without any type of stress, just chilling; relaxed…:
Now that we looked at the indicators, why this is a strong trade and why I believe it has plenty of room for growth, let’s look at the instructions. When to buy and when to sell, that’s it. There are only two possible actions, buy and sell. So we buy low to sell high. And to sell high all you have to do is hold… and you wait. Doesn’t matter what happens, you wait… and the targets will come, that’s when you sell.
Buy-in: 0.00005500 – 0.00007200
Primecoin (XPM) Targets:
The stop loss is only a fail-safe mechanism, on bottomed-out trades, like the ones I share here, this isn’t necessary most of the time. Even if a big correction comes, when the bottom is hit, there is always a strong bounce right away.
Message of the day (My Mantra)
Today I have something completely different for you but, it is still an energy upgrade.
Have you felt the chills with my earlier messages? The happiness, the heat, the cold the feelings of relaxation, being calmed even joy?
There is much, much more to come, and as time goes by, you will understand how this works.
Now, I have my own mantra, it was given to me yesterday while doing meditation. This is a basic mantra, but it will help you a lot with your 6th Chakra (your 3rd Eye).
Why the 6th Chakra?
This Chakra gives you vision and perspective. We need this, we need this tool to be able to build our future. So if you have vision, we can work on a vision collectively that we can later on materialize. A vision, where we are all friends. Plain and Simple.
When you repeat this words, energy will flow to/through you in large quantities, this will help you grow in more ways than you now know.
“Om Stanesha Vahtu Nevehem”. That’s the mantra. Repeat it 10 times for best results.