POA looking bullish on 1h, 7h and 1 day timeframes.
Toked a long position here, after the breakout.
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-POA Network is likely forming a Bear flag pattern
-The confirmation entry if a break of local support at 402 sat
-The price could fall down to 349 sat area
-We might see any bounce reaction at 349 sat range
-Because it was previous resistance turned support
-The chances of repeating this zone as a support are high
-But I recommend opening buy orders...
POA is currently trying to break above the 50 Day MA and downward trend-line resistance. It is too early to say the price can break it today.
Thought POA manages to bounce at 0.619 Fib support but bears may have temporary control of this market as price is trading below 100 Day MA.
We will have to look at this coin in the coming days in which direction...
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.
Please support the setup with your likes, comments and...
Buy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good...
This chart can be used for multiple weeks.
Symmetrical triangle forming. Could break either way, but buy zone is accumulation for long positions.
Not financial advice. Entertainment and education, only.
It's hard to review new coins but we do have some tools to help us.
So far you can see the coin came in and dropped over 70%.
The coin then recovered slightly before heading into a
downward trend channel.
1) The downward trend channel to break upwards.
2) The Stoch Indicator to cross any of the horizontial lines in an upward direction.