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tomahawkin
Feb 6, 2020 9:24 PM

PPT FTW Long

Description

Here's a coin I've watched since it was listed on binance and believe is due for a turnaround. Populus has been beaten down over 99% from the ATH, has bull divergence on weekly RSI, and has broken the weekly downtrend. Price is near the lower Bollinger band with compression taking place and volume building.

Full disclosure, I went long just above my red stop line to see if it takes off here. A lower risk play could be to wait for confirmed breakout of the green line, with stop loss a few percent under that line.

Post is for entertainment purposes and not financial advice. Trading altcoins involves significant risk of capital loss.
Comments
tomahawkin
Crazy price action has continued while bitcoin dominance has been bouncing. I have good profit here and would like to move up my stop line. Ideal case it continues current rally and retakes orange trendline.
tomahawkin
PPT is showing some wild price action and may be gearing up for a big push.
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