PotCoin has been ranging for almost 4 months. Remember my altcoin trading maxim: 'When a range forms, pay attention. When a range breaks, take action.'
The technical picture is so clear when you analyze some of these OG coins.
As you can see from the chart, we are almost coming to an end of a full cycle for potcoin, it may be finally time to start accumulating. As always, dyor. Check out potcoinoffical telegram to learn about what's going on fundamentally with POT.
Since 2016, POT has stayed within its parameters to where we are today. Either it's going to defeat its 3-yearlong resistance or it will follow that resistance and fall beneath its support its held since 2014.
The market is unsure on what Bitcoin will be doing in the coming days/weeks, but my prediction is that it will fall, which usually takes alts down with...
I've known PotCoin (POTBTC) for quite a while. This is one of those altcoins that I use to trade as a beginner trader to try and make great profits.
Huge price swings, amazing gains.
Our earlier trade idea for PotCoin already generated over 90% profits, and I believe there is room for much more growth. You can find this trade idea here:...
PotCoin (POTBTC) is one of those coins I used to trade a lot before the 2017 cryptocurrency market bull run. There wasn't as many choices back then as we have now and not as many exchanges to choose from either.
Thanks to the bull run, the market grew massively and now we have thousands of different options, but you rarely get to see a chart that goes back to...
Here we see a couple indicators in confluence that are explained with a *.
EMAs are cascading nicely up from lower timeframes. Crossing the 200 EMA will be the first challenge (and possible victory) to really turn this market back to bull.
Strictly on volume profile, a bull market seems that it wouldn't have great trouble until around the 1200 range.
As major cryptos fall right now THC seems to be moving constantly up?
Why? Maybe because they launched their own Masternodes? Maybe because they offer a bounty (airdrop) for THC hodlers (24.07.18 – not 100% confirmed)? Or maybe because within a weeks Mariuhuana will be vastly legalized in Canada which is huge market?
This all can be true. What do you...
Some upwards pressure working in, ending downwards channel. Seeing some nice confluence on RSI and Histogram uptrends. Potential to see a nice rise in the next few days if COINBASE:BTCUSD can hold up. Good luck!
Nice bounce from a curve support and now forms a bullish flag on 4h timeframe!
Entry zone is this green box and SL and three targets zones are on the picture!
More confirmations are coming into the update section below!
This is a weekly view and as you can clearly see this fan shows perfectly supports and resistance,i usually use it with bollinger bands to see when the squeeze long is coming on the supports. we are on a major historical support (horizontal red line and the 2-1 Gann fan trendline ) i expect a massive movement from here as...
We should be expecting a rise in the market soon and one of the coins which has already confirmed a breakout yesterday by >10% rise is Potcoin. And it looks like it is finishing its retracement from the recent rise and we should be hitting the upward trend at 0.00001210 BTC price range. This time my target on this trade is 0.00001380 BTC.
Good Luck, Traders!
After pointing out the pattern on twitter, I was asked where I see it going. I wasn't able to find much online as far as common targets for the butterfly pattern, other than points A and C. I used a common technique often used with other harmonic patterns to map out other significant resistance zones(drew a fib extension from point X to A, back down to X, then...