$POT PotCoin longterm support and resistance + fib lines

BITTREX:POTBTC   PotCoin / Bitcoin
  • PotCoin is sitting on a strong support line.
  • It's low risk and will bounce up within the upcoming weeks.
  • Set a stop loss below the support line and fib line around the 1770s level.
  • The fib levels and clouds will be places where the market becomes uncertain because people will be taking profits.
  • Try to secure profits on the largest initial bounce during those time of uncertainty and buy in again lower, then wait for the next leg up and repeat.
  • This coin has a higher chance of bleeding back down to the support if it bounces up when the clouds are thick so wait for the thin cloud formation (underneath the price indicator) if you want massive gains!
Trade closed: target reached: This took a few weeks as predicted and the trade was successful :)
Target reached!
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