XCP Coin AirDrop
XCP/BTC Trade SetUp
Fundamentals- A new ICO catching some buzz is CoinWeb.io and it's a little known secret that they will be airdropping nearly a half billion coins to $XCP holders. The only real mention of this is in their whitepaper and litepaper: https://coinweb.io/files/coinweb_litepaper.pdf - If XCP or anyone else starts talking about and pushing the airdrop we certaintly want to have some positions. The airdrop date hasn't been announced but we'd expect something this month.
XCP is the definition of REKT. It's got almost no volume but it's an old Bittrex favorite. It's one of the best looking Bittrex charts in our opinion and the new Bittrex users should bring some nice volume to the exchange. When XCP or anyone else starts talking about this airdrop this one could really move.
Technicals - The 1Wk is beautiful and the shorter time frames look great too. There's 50% upside to the .236 FIB level - when it starts to move there won't be a lot of sellers getting in the way.
Exchange: Bittrex
Trade Length: Short/Mid Term: 2-3 Weeks