PPT/BTC - Daily Wedge
Updated
Fact 1: Populous is a project with an actual product live on the market
Fact 2: We see more and more bear trends for alt coins breaking upwards
We have more than one month of accumulation on this one with lower highs and higher lows.
In the last few days you can see long bars with small bodies so a battle between bulls and bears is happening.
Before entering on this one, I would wait and see a clear breakout of the trend on lower time frames if not with high volume at least with a retest especially since 50 Daily MA will be in that area as well.
PPT is down 84% from all time high so there is potential of a significant bullish move.
Comment
Breakout happened, let's see the volume and how big the 4H candle will actually be.Comment
Not bad, but the first target is still long way :) I will not touch this until 0.0022.
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