Long
POA Network (POA) - 1:11 Trade @coinselor
Weekly round bottom. Very clear 98-day high breakout and S/R Flip. Two trade ideas depending on how long you would like to hold the trade. The longer the holding period the better the risk-reward ratio.
If a shorter holding period is preferred, I'd advise waiting for a full retracement to the S/R level (red line) before entering a position.
$BINANCE:POABTC
Market Cap:
$4,028,845 USD
471 BTC
If a shorter holding period is preferred, I'd advise waiting for a full retracement to the S/R level (red line) before entering a position.
$BINANCE:POABTC
Market Cap:
$4,028,845 USD
471 BTC
Note
Beautiful weekly retest of support, holding strong.
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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.