PotCoin (POBTC) is trying to breakout of a descending channel after printing a strong bullish candle, with the highest volume since August while challenging EMA50.
Closing above EMA50 would signal great strength. A very strong RSI supports additional bullish action.
POTBTC has been retracing since February, so imagine how big can be the next bullish wave.
On a higher high, we are talking about over 400% or even 500%+. This is a low volume pair, so it can do even more. This can all develop within 1-2 months if the bullish bias remains intact.
Namaste.
Note
Yesterday POTBTC had a strong close at 59 satoshis, EMA50 was sitting at 48.
This is a strong bullish development and signals that this pair can easily continue growing.
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