Ascending Triangle Breakout done in Daily Timeframe Chart.
Indicators Are Bullish & Volume is Slowly Increasing too..
If Today's Candle closed above Resistance Then I'm Expected Higher highs in Coming Days.
Keep Your Eyes on it..!!
Please, give us your opinion in the comments.!!
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Even if there's absolutely two bullish pattern in front of us, there is still a fractal that we must give notice. As a precaution we should put an alert probably above 10907sats for the upside, for the beat down it should be 6471sats to get a juicy short position.
Populous (PPTBTC) is now trading within an ascending triangle, marked green.
We've seen this triangle in a many of my charts now, the market is fully linked and many altcoins produce the exact same patterns as the same algorithms are trading them...
This is great news for us since we can see what happens with one altcoin pair and use it as a signal to know what...
Populous (PPTBTC) has been on a strong consolidation period after its first bullish wave that followed the new All Time Low (ATL).
So far the chart looks really strong. A new higher high, prices hitting above the 10-Oct. peak price (0.00007958), will confirm Populous new uptrend.
We have bullish indicators with additional and detailed information on the chart...
PPT is trying to form and complete somewhat of a head and shoulders layout. The right shoulder is forming (not perfectly, but its there!). Given this, RSI and STOCH seems to be exhausted on the attempt to complete the shoulder. I expect small retrace down to the yellow buy in entry zone ~5500-6500 sats. This is expected to be a good entry to let buyers gear...
PPT formed a symmetrical triangle. The goal of working out the figure is + 100%, across the width of the widest part. It's funny that the first serious resistance is just at a height of + 100%. Now the price is inside this formation. Price made two waves, thereby starting to form a triangle. There are no clear rules with how many waves a triangle should consist...
Exchange : Binance
Buy Zone: 0.000069 ~ 0.000066
Target Point: 0.00007443/ 0.0000796/ 0.0000824/ 0.0000888/ 0.0000924
You should be careful in buying PPTBTC because of Bitcoin
It`s moving at Symmertical Triangle
There is Hidden bullish Divergence
It seems similar pattern that when it made...
PPT / ETH Expanding Triangle. Local uptrend. Pivot points. The price is in the middle of the triangle, which is not a good entry point. But there is a very strong level, there is a level reaction. Anchorages above it will mean an upward momentum, at least to the top of the triangle. Potential + 70%.
Fixing the price below this level will mean the direction of...
Take profit : 2709 - 2784 (14% - 16.5%)
Risk 2.8 percent put stop loss at : 2320
As you can see it's shadow from the past at 4th and 11th of October, 2373 has been acting like a tough-guy ( strong support ), so risking 2.8 while entering at 2373 with the stop loss 2320, is a minor risk in exchange for the opportunity.
Now what do you think? Share me...