Recently we shared a long-term chart for Populous (PPTBTC) in the request of one of our great followers which you can find below:
Looking at the chart again today, we can see that Populous is getting ready for some massive bullish action.
PPT CAN GO PARABOLIC FROM THIS MOMENT IT HAS VOLUME AND IT BROKE OUT !
BUY : 830 - 850
SELL : 1200 -1600 - 4100 - 5600 - 11000
First 2 Targets Eventually Looking RSI MACD AND KDJ WILL HIT IN SHORT TIME END OF WEEK !! HOPEFULLY BTC STAYS CALM :D
Other Will Need More Time Mid Mostly LONG ! -
just look at chart :
same indicators level
same triangle break formation
all this make me think we can have an upper break until second triangle resistance , our support is the the fib line or the lower triangle line.
thanks for reading .
Lower lows for a while where eventually will get a break and start bull trend. Price is too loo and long term entries from those prices considered a great opportunity to reclaim your losses and build for our +3 years future. Will keep updating this analysis.