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PROM

PROMBUSD { PROMETEUS } - BULLISH SETUPANALYSIS 🔎 - PROMBUSD is on an uptrend supported by the ascending trendline support. - The market hit a swing high and retraced. - Price is retesting the flip horizontal support, the ascending trendline support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this zone. - Price action is printing an inverse head and shoulders pattern at the retest zone. - The inverse head and shoulders pattern is a bullish reversal pattern. BUY ENTRY ⬆️ - Breakout above the inverse head and shoulders neckline resistance (@15.5) TARGETS 🎯 - Horizontal resistance level (@17.27). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the right shoulder's horizontal support level (@14.384).
PLong
by Chibuike_Odoh
Up To 6330% Since Nov., This Is Prometeus (PROM) on BittrexPrometeus (PROMBTC) just printed one of the biggest volume bars since its add to Bittrex and it is now showing multiple bullish signals... Let's take a look. In the past three days, PROMBTC has grown by 277%, massive growth, but when we look back at the low hit on the 8-Nov. '19, the total growth from bottom to the peak price hit today is over 6330%... Amazing numbers. For PROMBTC September displays the biggest volume and that's when most of the altcoins hit an all-time low while others found support... Signaling that change will soon be coming to the markets. The bulls are now in full control and this is just the beginning, at one point you will see literally dozens of altcoins pairs showing +50%+ at the same time... It will last longer than what most of us expect and many people will be selling ahead of time. The gains and the way the charts are going to look will be something unexpected to everybody... But we will come out winners of course, because we are already trading, we are tracking the bottom... The only way left to is UP! Namaste.
Long
by AlanSantana
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