PPT (Populous) has been in a downtrend all year and today it has generated a BUY signal provided it stays at or above the current price. We over laid our Proprietary Oscillator to show that momentum has been building to the upside even though price has gone sideways for weeks.
Both EMAs show that the price is constant, the RSI also shows that as there is no particular downtrend or uptrend in the market, considering the SUppory and Resistance levels, this is a goo period to buy coins as the Fib is 38% in line withe the Entry Price, the Stop Loss is placed just a little above the Support and the Target Price is placed way above the...
Hey guys, as you can see we saw a sharp impulse on Populous which has been followed by a clear identifiable three wave correction. I consider the current price area to be the bottom of a potential wave (2) or B.
I do expect that we will see the start of a further bullish impulse soon, which will take out the previous high of wave (1) or A. The targets are shown on...
I posted this at the lows in another trading chat room, and am posting here as a nice example of harmonic price action.
On this 1hr PPT 0.95%chart, we see price dive today with the broad crypto selloff. I was watching this setup for the break of the 19.50 area... the .786 of the last swing, which is always the most crucial point, in my Fibonacci view. Price moves...
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