Potcoin
POTCOIN to the moonI've doubled my money on this trade so far and still holding. Solid Fundamentals with strong buying support behind this coin.
PotCoin Volume Spikes!!! So, I'm new to the trading side of crypto's so I can't speak technically about the charts just yet but I do know how cannabis money is moved around. In the past 6 1/2 weeks PotCoin has seen 3 ATH all on days that it saw record volume spikes. This seem like a normal thing but you have to consider the industry and how money is naturally stored then dump. In the cannabis industry banking is obviously not a viable option thus the need for PotCoin. In those 6 weeks each spike happened 2 weeks apart first time on a tuesday then twice on a Monday. I've dumped a few other coins and I'm looking for the coming spikes. December 4th Follow the money... Thanks for reading I'm a noob so comments would be awesome!
POTBTC - Cup & Handle Pattern - LongLooks like a cup & handle is nearing completion. Buy when price breaks above the right lip of the cup. Profit target is 50% of the height from the bottom of the cup to the top of the right lip, extended up from the buy point.
Buy - .00002490
Stop - .00002241
Target - .0000295 ~18.5%
Take a POT 2 GoPOSSIBLE Cup & Handle formation.
Entry is after a clean break of 2489.
Stop/Loss after break, 2249.
As you all know I rarely trade alts, however browsing through the market this morning I spotted this POSSIBILITY.
It appears that the handle is still forming, so we could still dip lower!
I'm setting an alarm and forgetting about it for now! I'll post here if we get some action!
Just though I'd share with you all. :)
Good luck to you all!!
Note: This coin has been known to pump and dump so be careful! Great profit can be made, however do not let greed get the best of you!
DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
Re-entering the PotCoin Gained a huge profit in 4 hours, allocating some btc to reenter the spot.
Now i'm considering using half of that profit to reenter Potcoin,
from which 1/4 is already used to buy that cannabis coin @2400.
And 3/4 will be used at the critical hot spot as soon as the price is cheaper than 2400.
One of the Unique Coins for Cannabis, "PotCoin" !This coin has been pumped in October 2016 during which i joined that party, resulting a profit over x10.
That means,,, this coin gives us high-risk, high-return.
And it seems to be end of accumulation period ...
So, let's wait and see. :)
POTCOIN is boomin' [Short/med-term Swing Position / 2-10 days]• Today has been a good milestone for POTBTC; as it shattered through Med-term resistance/Previous short-term support line (.00004610btc) , the Previous short-term resistance/Short-term support line (.00005040btc) , and after establishing resistance at the Short-term resistance line (.00006234btc) , it once again broke through the line and is continuing it's parabolic trend upward, with the previous All time high broken, and Dennis Rodman (Only man alive who is friends with both Kim Jong-Un and Donald Trump) arriving in North Korea sporting a Potcoin.com shirt, speculations are high. Although if POTBTC does break the current trend upward and begins reversing, we can see it most likely establishing support at the Previous short-term resistance/Short-term support line.
• Bollinger Bands® being very wide indicates volume has increased substantially since June 12th
• OBV rising indicates that volume is increasing and that stock price is increasing aswell
• Aroon indicates a strong trend could be coming if the Aroon Up (Green) line does not crossover with the Aroon Down (Red) line and the Aroon Up line stays above 70/Aroon Down lingers below 30.
•TF: 2-10 days
• BUY: .00006300btc (If possible break of Short-term support line, and downtrend continues, switch BUY: to Previous short-term resistace/Short-term support line of .00005100btc if have not yet bought.
• SELL: When reversal trend is indicated above trend line OR Enthusiasm starts to subside
• STOP/LOSS: .00004500/.00005000
If this Technical Analysis helped you, leave a like!
Always remember, don't risk what you can't afford to lose/Know your limit, invest within it.
Potcoin can still get HIGH!Don't lose faith - the long term support caught and now we still have a few days to turn around and catch lightning here. Anytime I show a lightning sign it means a strike in the price (usually going in the direction of the general trend).
In this case POT can get HIGH if we get a little bounce off this support back in the triangle range!
Happy Trading!