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.
I have been analyzing that since its creation in 2014, Potcoin has maintained a great buyer support in 4 & 20 sat, and its sales resistances are clouds or the moon, but its suport will always be 4 & 20
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!
POT/BTC is one of the few charts right now that is showing confluence in positive indicators. Since I am not waiting for confirmation, it is important to keep alerts up for manual stops. This trade presents ~10%
-RSI is trending up, has lower support now
-MACD crossover in the 4 hour looking to transition into the daily
-Histogram has began move...
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!