Long
PPT Bounce to $0.85
PPT is in a daily down trend, but appears to be slowing in momentum. We can see one drive of bullish divergence on this daily chart. This bullish divergence will be confirmed with a daily close above $0.744. If bullish divergence is confirmed, then I would be looking for a move up to the next resistance zone around $0.85.
Note
PPT got the bounce to $0.85, then pulled back and has been consolidating since. If
BTC continues up, then I suspect PPT will as well, but this is one crypto that definitely will not be in my portfolio. It has a very poor performing chart, technically speaking.Better off with some Mango ($MNGO)!
Let's get this crypto!
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
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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.
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
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.