POPULOUS (PPT) broke out of the falling wedge and now trying to retest 200 SMA which is very health. Price actions usually continue to move higher after the breakout of the falling wedge and the retest of 200 SMA is complete.
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Price action just tested 200 SMA
Trade closed manually
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We will have to reevaluate the chart. Bitcoin has been on a parabolic rise lately and it doesn't give a breath to any of those BTC paired charts, not only PPT.
Amazing bias, do you think the price will reach your target?
Senturko
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@Investroyllc, For sure nobody can exactly predict future; we are talking about strong possibilities. Patterns might change with a single move of Bitcoin but bias stay more or less the same. I really appreciate your support. Best regards,