Melonport (MLN) is taking its revenge, up to new highs. Trade Update(2) 12/25/17

in bitcoin •  7 years ago  (edited)

MelonPort The Blockchain Software for Asset Management2.jpg

MLN/BTC
Melonport_12_25_17.png
https://coinigy.com/


Profile: 12/25/17
Melonport (MLN)
Price: 135.57 USD / 0.00958386 BTC
Marketcap. 81mio.USD / Rank 156 Coinmarketcap
https://coinmarketcap.com/currencies/melon/

Start Trading 12/20/17
https://steemit.com/ocd-resteem/@masterthematrix/melonport-what-to-expect-next-12-20-17
Open Trade: 0.007 BTC
Stop Trade: 0.004 BTC (hourly chart / candlestick)
Price Target: 0.015 BTC +

Update 26/12/17
Melonport Price: 0.00958386 BTC
Profit: 0.00258386 BTC = 36.85%
New Stop (2): 0.0063 BTC

Trading Plan:
Melonport (MLN) did pretty good the last couple of days, against Bitcoin terms with 36.85% in the green. The Chart of Melonport is building up more pressure to the upside, as it wants to reach its mid term high at around 0.013 BTC.

In terms of MLN/USD the Price had a pretty hard dip to almost 90,-$. The reason is that Bitcoin value dropped to almost 10 700,- USD.
So please guys, always check the charts you are looking at. The same asset e.g. Melonport (MLN) can perform very different in terms of Bitcoin, USD or Ethereum. If you are planning to gain more Bitcoin as I do, than take a look at BTC charts. If you are planning to leave the crypto boat than take a look at USD charts.

Anyhow, I think that Melonport will reach its projected target. Especially when you look at MLN/USD chart where it managed to make a new high at 148,-$.

Congratulations to everybody who followed this trade and can enjoy now a descent 36.85% gain in just 7 days. Even though Bitcoin had seen a strong correction move, Melonport was able to outperform...that is amazing!!!

I wish you all a happy new Year,
@masterthematrix


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Awesome! and congrats to you :) Upvoted and resteemed!

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