Long
POTBTC repeat of 5k top forming
Some repetitive patterns forming in POTBTC. If it does repeat, we could see 5000 satoshis.
Note
The BTC rally today has impacted altcoin prices. In situations like this, the market becomes very emotional and unpredictable. Naturally, most alts took a plunge. We need to wait for the market to settle before continuing our analysis.Note
The BTC rally had POTBTC drop to the lower Kumo. Now we have some lateral movement as POTBTC attempts to find a strong support to launch itself from.Note
Please note that the chart is in a daily time frame, so it could take a while for this to play out.
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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.