Populous has formed a descending scallop Many coins start off like this as 'degenerate coins' Using toecap indicator to forecast tops for fun
in a daily we can see RSI gonna cross over MA9 and MACD curved . volume groing up but price going down and its a whales trap sign and maybe they prepared for pump . we can see a divergence in 4H clearly i think we can see a sharp move with a big green candle in couple days or hours! 3target given in picture but hope to see 50% profit in 1 candle
Populous has formed the early stages of a bullflag on the 4H chart, this holds flip potential, for those that are into that. Price is currently very low should be around 42cents for a strong resistance to be present. Sitting above 50MA.
Classic bullish divergence in which price makes lower lows while oscillator makes higher lows, very bullish.
Bull flag setup lower success rate in a bear market than a bull market. Clear flag pole and flag, and rounded bottom is also present.
A lot of alts are still young, there is still huge room for growth, as can be seen on the LTC chart. This is the best I could do for a comparison on a free account.
Here's a coin I've watched since it was listed on binance and believe is due for a turnaround. Populus has been beaten down over 99% from the ATH, has bull divergence on weekly RSI, and has broken the weekly downtrend. Price is near the lower Bollinger band with compression taking place and volume building. Full disclosure, I went long just above my red stop...
PPTBTC : Double Bottom Pattern. Note: This is only for Educational purposes; this is not investment advice.
I believe PPT is getting ready to jump as it is getting closer to MA200
Looks great for a long position despite it being a shitcoin it certainly is set up with a triple divergence at the bottom of a massive down trend that is riding the edges of all time lows. Time to get in with the price much lower than ICO price. I still think this is one of those that will see its all time Highs vs the dollar and most likely against BTC itself....
Pretty horizontal descending scallop formed on the daily chart, possibly forming a double bottom in the long term.
After a local maximum, a local downtrend has formed. This trend has formed a downward wedge on the coin. ENTRANCE 1) on the breakthrough of the line of resistance of the wedge . 2) on confirmation of support for a local minimum if the price reaches there. You also need to understand that if support is confirmed, lateral movement may occur that can form an...
After a local maximum, a local downtrend has formed. This trend has formed a downward wedge on the coin. ENTRANCE 1) on the breakthrough of the line of resistance of the wedge. 2) on confirmation of support for a local minimum if the price reaches there. You also need to understand that if support is confirmed, lateral movement may occur that can form an...
Populous (PPTBTC) is starting to show increasing volume and the indicators are starting to turn bullish. For the MACD indicator, the MACD line is above the Signal line while trending up, giving it bullish potential. The RSI is showing bullish divergence from late Dec. to this date and is already moving higher. We can see that PPTBTC retraced all the way back...
PPTETH has formed an inverted descending scallop, this is following a breakdown of a rising wedge, log macd shows to be in bearish territory, with a descending scallop present.