PPT, Oh how I remember the days of $40
Updated
I never owned PPT, but ive been looking at crypto for much longer than was probably needed.
I wanted to put this chart out there as part of my 100 Crypto chart goal.
I am sad to say that, at the moment, I do not have an extreme amount of hope for this coin. BUT!!! There is some cool activity on it. So I wanted to chart it now.
Currently it is at an action point. It will either be rejected hard or have a good short term future.
We can tell two things from the massive drops that PPT has had in the past month. The first is the amount someone wanted to exit quickly, the other is the lack of massive liquidity on this Binance crypto.
Long story short. This crypto will probably continue to find resistance under its old trend and drop hard, but if it does not fall, it might be worth it to pick up when it flags on top of 10500. Also, It might be worth it for anyone who is willing to sit in BTC to put a buy low on the books in order to pick up some big sellers.
Ill keep updating as time goes on of course.
I wanted to put this chart out there as part of my 100 Crypto chart goal.
I am sad to say that, at the moment, I do not have an extreme amount of hope for this coin. BUT!!! There is some cool activity on it. So I wanted to chart it now.
Currently it is at an action point. It will either be rejected hard or have a good short term future.
We can tell two things from the massive drops that PPT has had in the past month. The first is the amount someone wanted to exit quickly, the other is the lack of massive liquidity on this Binance crypto.
Long story short. This crypto will probably continue to find resistance under its old trend and drop hard, but if it does not fall, it might be worth it to pick up when it flags on top of 10500. Also, It might be worth it for anyone who is willing to sit in BTC to put a buy low on the books in order to pick up some big sellers.
Ill keep updating as time goes on of course.
Note
We see it go up and flag on the 10500 then move upwards. We can see that it is often the case here. No need to take dangerous trades right?Note
zZzZzZzZzZ
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.