$POA Bearish Idea At The Moment. Say Goodbye See You Later!I really wanted to do POA chart from days ago as somebody request it to me. But unfortunately i just do it now.
To be honest, I like POA. They're in the game industry and it's quite working. Even tho it's quite complicated for newbies to get into their game and really using their coin on that game. So I might giving a suggestion that they should make it more user friendly tho for mass adoption cause once you understand the concept of the game, it's quite addictive, plus you get POA and robbing people's money on that game. Kinda gangsta thing tho. My love to POA is above 70% at the moment.
Unfortunately, the chart looks lil bit trashy. All the way down since May, and even like right now i still seeing bearish sign. Duh.
It's bearish div, between RSI and Price Action. It's also bearish div with other indicator. Reall a no buy signal around here. But...
I can tell you where are the supports to wait it up. Since this coin is successfully moving from ERC-20 token to it's own network if i'm not mistaken. We'll wait around the first box, the green one which having a buy zone in range 1124 - 1054 sats. That is quite strong right there. If only Bitcoin price stable and sideway tho.
Secondly, it's the orange one. You will be very lucky to get this cheap. This might happen because of BTC plummet to 6100 sats and stable right there. It will cause massive down ward for another too.
Above all, you can read everything on the chart and the way i judge it. Trade safe!
