POABTC Is On support with reversal candle
Buying At: 0.00000390
Target : 0.00000490, 0.00000560, 0.00000680
Stop Loss : 0.00000365
Risk 7%, Reward: 75% Very Good Ratio
on POABTC there Risk rewarding Ratio is Also Very Good
Note: This is only for Educational Purpose this is not Investment advice.
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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...
Buy POABTC with a H4 candle closing above 450sats, stop with a H4 candle closing below 414sats or 356sats (safer, but its up to you on a risk x reward perspective). Targets at 517, 680, 950 sats. Just printing a bottom pattern, for now plotting a hammer candle just touching the 21MA on the daily. We also have a wedge on the intraday that is about to break right on...
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 - 1-3 weeks
$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)
Welcome to this updated analysis on POABTC / POA Network Let's get right to it!
POA Network is getting ready for action and the price is pretty good right now to buy in.
As it shows in the chart that it has huge potential in the next days/months I expect to see good results.
If POA Network holds the support line of 0.00000827 then expect a good profit is...
Looking very bullish in near future! of course if we break resistance zone. From march volume is rising, potentially this is preparing for moonshot. Potential targets on the chart, stop if we go below support.