PTOY moving in an uptrend channel. Volume increased significantly since the bottom at 900 sat. RSI moving up. On a longer time scale we might possibly see a cup and handle formation. I bought at 4200 sat. close to support line. Such trend might continue if BTC stays stable. Will hold until 6000 sat.
2nd ever analysis posted so any feedback will be valuable.
Pink sitting between 250 - 260 sat for few days as what looks to be like a good support level and good entry point imo. RSI is oversold on 1-day candles (not included in chart).
I entered in 252 sat. yesterday. Today already touched 0.236 fib level at 275 sat on Bittrex.
My short term target (1 week) is 0.5 Fib at 305 sat.
This is my first even TA so take it...