POA Network is only getting started, but how do we know this?
We are mainly looking at POABTC volume and long term chart to know that what we are seeing, it is only the beginning of additional bullish action.
Let's get started...
POA Network (POABTC) Daily Chart
On the daily time frame, we can see super high volume after POABTC retested EMA10. This high...
$POA Potential inverted H&S pattern in play...
UCTS Buy signal on the 12h
Volume starting to rise
Notice how negative fib levels match almost perfectly with different drops and bounces...
For now wait for better confirmation (volume and break above 460/490sats)
#POA
POABTC little swing trade. We enter at the bottom of the ascending channel started March 18th. We target a return to the channel midpoint and finally a new high. Stoploss is below the previous low. Keep in mind - we expect BTC to retrace tomorrow or Wednesday. Use low leverage/capital.
Buy: 0.00000925 - 0.00000929
Target 1: 0.00000955
Target 2:...
POA Network just printed one of its biggest volume bar to break above the EMA100 resistance, signaling that this level is being conquered.
Looking at the chart above, there is room for some nice profits.
Here is a quick trade wishing you the best always.
Trade: POA Network (POABTC)
BUY: 0.00000815 - 0.00000880
TARGETS:
(1) 0.00001020
(2) 0.00001111
(3)...
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
This kind of consolidation may cause sharp moves and pump but I think it's a little late for buy because of risk/reward ratio but if you accept the risk it can give you some good profits
Targets
900
1040
1300
Stop loss 700
$poa Trying to break from the descending trendline since Nov18 next to ATL support. Reached EMA100 and bounced back to EMA50. . MACD looking good, RSI touched Oversold levels and bounced together with price.Breaking above EMA100 could act as catalyst for higher local targets #POA
POA Network is getting ready for action and the price is pretty good right now to buy in.
Our last POABTC trade generated over 90% profits, and this time around I believe it can generate more.
Here you can see our last trade for POABTC:
- The main signals on the chart are pretty simple.
- I see a strong increase in volume (green bars below candlesticks).
-...
Commodity : POA NETWORK
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective...
](https://s3.tradingview.com/c/cdv82sMq_mid.png "POA Network Breaks Resistance [POABTC](80%+ Profits Potential)")
](https://s3.tradingview.com/c/cCwYXrIh_mid.png "POA Network Round 2 Profits [POABTC](150%+)")
