BINANCE:POABTC   POA Network / Bitcoin
It's hard to review new coins but we do have some tools to help us.

So far you can see the coin came in and dropped over 70%.
The coin then recovered slightly before heading into a
downward trend channel.


Buy Signals
1) The downward trend channel to break upwards.
2) The Stoch Indicator to cross any of the horizontial lines in an upward direction.
3) The Candle to pass the previous HL (Higher Low Candle)

As always these are my ideas, do not copy other peoples trade, review the coins yourself before making any trades.
Comment:
Downward Channel Trend line broke
and Stoch has crossed over.

I could enter now with a very short 2 to 3% stop loss
or wait for HH to break.
Comment: dropped down to look at 15 minute chart.
Volume is low, candles are tiny, so I'll wait to see if previous HH breaks.
Comment: Back to hourly chart, I've drawn in support and resistance lines.

If I get in now id be risking about 3% to gain 8%.

Comments

seems like a shitcoin.. check out $VIBE and how that did after getting listed on Binance
Reply
@ale408, if you look at all the recent coins that were added to binance they all have a big dump the first candle :) Vibe was nearly 100% most are 30% to 70%. I buy after that dump but only small amounts.
Reply
@ale408, A pile of projects that cost billions and many millions but do not have a finished product. But POA has the finished product and the shitcoin??? don't joke about that
Reply
Thank You. Please do more reviews of this coin. Looks very promising...
Reply
@Artmen007, updated above.
+1 Reply
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