$POT - Short Term Trade - Buy SignalPOT is indicating it is ready to move up. Bullish divergence in RSI & MACD confirm this. POT has some nice trade-able volatility so keep that in mind. It's best to take profits when they present themselves but leave room in your thinking for a sizable pump - not necessarily in the immediate short term but as the chart develops, it can pick up steam rather quickly.
POTBTC trade ideas
PotCoin (POT) – Another Run at POT, this time for LONG (800%+)Here is a coin I know, a coin I traded over and over again in the past, and a coin that we can make huge profits from, but this time, we make an exception, I am not going to use my normal "requirements" to join this trade, it is not at the bottom, and we will be aiming for longer term. So if patience is not your virtue, consider that last sentence a warning.
I will be focusing on my technical analysis, but also add some fundamental analysis, which includes the news, developers and fundamentals related to this coin. Yes, I am upgrading myself and learning as I go. Yesterday it was only the charts, today I will give you even more.
Fundamentals for PotCoin (POT)
PotCoin, has been a "pump & dump" coin for a while. This coin was literally pumped and dumped over and over in the past, sometimes seeing 700% increase in just a short period of time, maybe just 30 minutes, and then going all the way back down. Now, this is a real "pump & dump". But, as time went by and the Marijuana industry keeps on booming, with Marijuana now being legal in Canada, other countries and lots of states in the USA, this coin, THC and CANN (other Marijuana related coins) are gaining some serious looks. They've become strong.
POT has a very active developers team. Their website is awesome and they are always giving us updates on everything that is going on with their coin and industry in which they are involved.
Technical analysis for PotCoin (POT)
*** Instructions ***
Buy-in range: 0.00001500 - 0.000025000
Note: The range is incredibly wide because this is a LONG trade, you might come here in a few weeks and find a great price to buy in.
Stop-loss: 0.00001300
Targets:
(1) 0.00003333
(2) 0.00004033
(3) 0.00005165
(4) 0.00005971
(5) 0.00007000
(5) 0.00009963 (New All Time High)
*** Indicators ***
* Short term - I am analyzing the 1h and 2h charts. They look ready for a take off, but since this is short term, this can happen for a few days and then we are back to where we started. I am looking at the MACD, RSI & STOCH, all giving out bullish signals. The candles are also looking great, and new stronger action can be confirmed when we break and close above 2300-2400 levels. Here is a 2h chart:
* Longer term - For this I am looking at the 4h and 1D (daily) charts. The stage has been set up for massive growth. Unless something happens, like something related to Bitcoin, this coin is set up to take off in the next few days max. Here you can see another chart, the indicators giving bullish signals are marketed:
* Long term - For this I am looking at the 1W (weekly) chart. This one still needs some "work", meaning, not many bullish signals, but all the indicators allow for massive growth. So we have bullish signals in the short term which can set up for a better long term outlook when I check again in a few days or weeks.
* There are many more indicators of course, like a very strong support around the 1600 satoshis level (0.0001600) and EMA levels, but, these are enough.
Note: I used the Poloneix charts for this trade and charts. There might be slight variation in prices compared to Bittrex. I also went back and forth between the charts when checking for errors.
*** Message ***
My hope is that you make tons of money with this trade. Remember that this "game" is about patience, all it takes is just to wait.
Remember that there are only three possible actions, that is sell, buy and hold.
You won't have to use them in that order, but if you BUY, HOLD and then SELL. You will definitely become a winner in with this trade.
And remember, that no matter what happens, YOU DESERVE THE BEST.
Namaste.
POTCoin preparing for another pump?So Potcoin looks like it is preparing for a reversal. I really dont like trading these low market cap coins put when an opportunity arrises, you could be looking at gains of as much as 1000% in a few minutes. The RSI on the 4 hour chart is moving in a positive manner, the RSI on the 1 hour chart has just broken its bearish trend as well as on the 30 minute chart. It also broke its bearish trend with respect to its price relative to BTC so just be vigilant of this. I am wondering if the recent pump up to 3000 sat about a week or so ago was a whale loading up on cheaper coins so that he can do a quick pump and dump towards the 5000 to 10000 sat mark. Just keep an eye out. Good luck fam
POT Trade (300% Potential)I joined this POT trade based on 1 single signal (MACD positive divergence).
I also know the coin, it tends to pump really hard when it does, and this level has been trading as a very strong support.
My target is 5490 satoshis for 300% potential profit.
I can allow to let myself sell before that if the situation presents itself and my candle stick analysis shows me signs of rewind.
There is no stop loss suggestion for this trade.
Trade at your own risk.
If you don't understand, then there is a huge possibility that this trade is not for you.
* Look at my profile for more detailed trades that are suited for beginners (if you are one), there are many there. And remember, these trades can take days, weeks or even MONTHS to complete. If you can't wait, then these trades are not likely suited for you.
Yesterday I learned as much as I learn everyday, and even though I do too make mistakes, today I wake up ready to go at it again.
I don't know what tomorrow holds, but I don't really care. The past is long gone, the present is where I stay.
Opportunities are endless in this field.
If you have the patience to wait, and follow the instructions, you will be finally able to earn.
Thanks for reading.
1 PotCoin = 1 Gram of Weed @potcoin @weedMDSo this is a no brainer... BUY HODL and strap in for the ride!!!!
www.potcoin.com
December 1st, 2017 - PotCoin, the digital currency that facilitates transactions within the legalized cannabis industry, is pleased to announce that it will be launching a promotion with the Canadian federally-licensed producer and distributor of medical cannabis WeedMD Inc. (TSX VENTURE: WMD).
www.weedmd.com
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