$POA (long time didn't trade this)
Crossing above ~120 sats resistance (trying R/S flip on the 12H) while volume is showing some decent activity
UCTS showing Buy signals across the board (~60% up on the 2D signal)
If manage to keep pushing from here, looking at ~200 sats
Let's have a look at POA Network (POABTC) real quick... What do we have here?
On this chart we can see the now very common "Falling wedge", this pattern has been repeating throughout all the charts I've been looking at lately... This is a bullish pattern.
But here we have the falling wedge together with MACD bullish divergence, another strong signal.
POA Network Follow Up Update
Following up on my last POABTC chart, this is how things are looking now.
There was a challenge of EMA50 but prices were rejected.
Now, good volume is coming in on a Saturday and many other altcoins are recovering and starting to grow.
POABTC can jump anytime now...
It can take a few days to a maximum of 1-2 weeks.
POA Network (POABTC) is now bouncing off support in the form of MA200/EMA200 with high volume after a month-long retrace.
The big volume coming in today, notice the volume bar, signals that is a real move, and that the retrace is complete.
We also have the MACD bullish cross and the RSI goes above 50.
The next target is marked on the chart.
This is another...
Poa is in a good place, for investing.
This token met resistance these days, we have seen divergence in 12h time frame. Today we have seen starting new growth. I think this is a starting point not the end.
Hope it would be helpful