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ChingasX Profile picture
ChingasX
@ChingasX
Trader, Educator, Creator On the Team - TR - https://t.co/lbr0ODd4NA On the Team - https://t.co/34sc4Xb5TZ On the Team - SP - https://t.co/nl5ZvWcAWJ
Jul 28, 2019 • 23 tweets • 4 min read
Let's talk about MCAP...

I've had a few conversations over the last week about MCAP and there seems to be a fairly common thread of confusion.

To be fair, it can be very confusing but it really doesn't need to be at all.

Let the thread Begin: Market Capitalization or MCAP for short is what is considered as the total value (in this case USD) for a particular token/coin.

The number is derived by a very simple formula:

Current Price (USD) multiplied by the current Circulating Supply
Mar 20, 2019 • 5 tweets • 4 min read
$GXS / $BTC - BINANCE
GXChain

Disclaimer - Let's be real. Low mcap coin - Ok, with that out of the way, let's proceed.

Long term 433 Day trend line Broken
Busted out of 101 Day Range
3Day 23% up with slight PB
#PAS showing a strong uptrend in all but Daily We are 1.94% away from a retrace to the 236 from ATH. (Kind of a big deal)
CLear support from all MA's including the 100 and 200
Mar 13, 2019 • 21 tweets • 16 min read
Ok. Hold onto your hats. This will be a fairly long list which will probably be outdated by the time you read it.

Sideways Range coins with potential after a good peak gain.
Refer to the Trading Room #CryptoScanner for 20% + in 1-3 Day period to refocus on the chart and use TA I sorted by Market Cap. Highest first. Unfortunately, the pictures will not coincide. I'm sure you'll be fine.
Feb 16, 2019 • 7 tweets • 5 min read
#EOS
$EOS / $BTC - BINANCE

Let's talk about it...
Looking at the #PAS we see a 30% Peak gain on the 30 Day with a 25% pullback - Chart Time
Big drop Nov 27th - Created a fantastic V bottom reversal
Solid retrace from the drop to the 709 zone - settling Daily bodies on the 618 After retrace we went sideways in a relatively unproductive manner
BUT... All that sideways action over the last 51 days did leave behind one little nugget of hope...
We'll call it a cross between an ascending and Sym tril - either way, I Like the breakout play on the 8th.