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 2014... Here is one.
PotCoin (POTBTC) hits its 2014 support (marked with a yellow square and brown line) for the second time in a few months.
This level will hold for sure, according to the signals that I am getting from the chart:
- 100% of the gains have been removed for PotCoin, so there isn't much more left to self.
- The oversold RSI confirms this.
- On the daily time frame, we have the higest volume bar in September since April 2018.
- The MACD is moving up while prices go down, bullish divergence; very strong signal when it comes up on the weekly chart.
- Bear volume has come to a halt. The market is turning. Sentiment is changing. Bitcoin has found support... Time to move on.
- PotCoin has over 3000% (30x) profits potential to its all time high.
Good coin to keep an eye.
Namaste.
Kommentera
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POTBTC Just had a strong breakout. This altcoin has huge profits potential.