Hello guys spotted potential downtrend channel with price hitting the bottom side of the channel with potential double bottom and since then the price has been struggling to rise and I believe this should lay a good mark for upside move.
Kindly follow the suggested entry zone on the chart and always remember to apply stop loss.
Level to watch for are:
Here is a coin that is looking good with one little caveat and that is the RSI is showing resistance at 50 however that may shift with he volume increase. I will watch this over the next couple of hours and then likely make a call. It will have to work harder to get my money but it it trending that way.
Welcome to this updated analysis on POABTC / POA Network Let's get right to it!
POA Network is getting ready for action and the price is pretty good right now to buy in.
As it shows in the chart that it has huge potential in the next days/months I expect to see good results.
If POA Network holds the support line of 0.00000827 then expect a good profit is...
The price action has completed the formation of cypher pattern and ready to hit the targets soon insha Allah.
The targets are:
Buy between: 0.00000802 to 0.00000748
Sell between: 0.00000847 to 0.00000951
Atif Akbar (moon333)
Looking very bullish in near future! of course if we break resistance zone. From march volume is rising, potentially this is preparing for moonshot. Potential targets on the chart, stop if we go below support.
The fact that bitcoin is pushing hard and correcting a few, make me thinking that he is really bullsih. Add the fact that many alts have this configuration on binance, rsi broke the neutral zone and made a pull back. SO it make me thinking that bitcoin will do another run and make alts dump. But i believe not every alt are going to dump, few of them may stay...
POABTC little swing trade. We enter at the bottom of the ascending channel started March 18th. We target a return to the channel midpoint and finally a new high. Stoploss is below the previous low. Keep in mind - we expect BTC to retrace tomorrow or Wednesday. Use low leverage/capital.
Buy: 0.00000925 - 0.00000929
Target 1: 0.00000955