Populous (PPT) Buy Zone Ready (324% Earnings Potential)

Populous (PPT). I just found this coin on Binance, the chart is looking good for a buy. This coin hit bottom on mid March like most of the other altcoins and it started to move up from there. Populous finally broke out on the 13 April and went on a run on the 16th all the way to the 21st April. It more than doubled its price from the mid March bottom and then the retrace started...

It retraced for over two weeks, from the 21st April until today, shedding all the gains generated on its last wave up. After making a double bottom, I am starting to see signals of accumulation, preparation for another run.

Let's position ourselves, we can make good money trading this coin.

Populous (PPT) Trade Analysis by Alan Masters

CHARTS, SIGNALS & INDICATORS

Ok, let's start by looking at some charts. First, the 4 hours chart:

- The positive divergence on the MACD is pretty easy to spot. After a double bottom, reaching oversold on the RSI and this positive divergence, we can start to assume that a trend reversal might be happening soon. The third candle from right to left (with a #6 on top of it), also gives clues as to the riversal that is coming.
- The 2 hours chart also reveals these same signals.

Note: We will have strong resistance to face on the way up, all the moving average lines will create resistance on the way up.
Here is the daily chart: 

For the daily chart.

-The red rectangle is the double bottom, the green square will be our buy zone. We can use this coin for a short trade or for long.
-The STOCH, MACD and RSI all allow for plenty of room for growth. We need to gain momentum first before we can start our move up.
Ok that's enough of that. Let's talk about making money buying and selling this coin.

Note: Earnings potential for this trade is based on January's peak. This coin reached an incredible all time high price on December, which is 0.29 BTC per PPT. Right now we are aiming for the January peak which was 0.008 BTC per PPT.

PPT December's all time high is 117x higher than the actual price at the time of writing. Thinkg about that one for a minute. When selling the targets, leave 20% behind at all times just in case. You never know which coin will go incredibly high in this crazy (amazing) market. Trading cryptocurriens is the best, specially altcoins.

Before we move on, another look at the daily chart, this time a wider perspective (the red transparent down trend line was drawn with the log scale on): 

TRADE INSTRUCTIONS

Buy-in: 0.00187 - 0.00218

Populous (PPT) Targets:

SHORT - MID

(1) 0.00231
(2) 0.00251
(3) 0.00271
(4) 0.00331
(5) 0.00401
(6) 0.00461

LONG

(1) 0.00471
(2) 0.00551
(3) 0.00661
(4) 0.00801
(5) 0.00951
(6) 0.01041
(7) 0.01201
(8) 0.29000 (All time high)

Stop loss: 0.00174 (This stop loss is optional)

Note: This coin is going down at the moment, we are joining this from the angle of a "buy opportunity", wait for the lower part of our buy in range before buying in and activate your stop loss. We have very, very, very low risk and huge potential. But this trade can go wrong. There is always the possibility of a trade going bad. The price can either go up or down.

Do your research before joining any trade and make sure you are aware that there is always risk involved. That's why we diversify. Divide your capital until multiple trades. You can use 5% of your capital per trade and later use a scalping strategy if you want to join additional trades. I will be sharing this strategy soon with my paid members.

Thanks a lot for your continued support.

Bình luận:

Daily chart wider view:

Bình luận:

We hit our first target only hours after posting. Enjoy the profits.

Here is the chart: 

Populous (PPT) Targets:

SHORT - MID

(1) 0.00231 * Target reached 7-May *
(2) 0.00251 * Next target *
(3) 0.00271
(4) 0.00331
(5) 0.00401
(6) 0.00461

Thanks for your continued support.

Remember to LIKE, SHARE, COMMENT & FOLLOW, now. Thanks... For more amazing trades.

Namaste.

Bình luận:

If you used the stop loss, you can wait and buy back in lower.

If you are holding long, you can simply wait for the correction to be over and we resume when the price of PPT, and other altcoins, start to go back up.

While the market is down, I am taking this opportunity to rebuy and reload.

Namaste.

Bình luận:

PPT has been moving, yet we are still within our buy in range. Feel free to buy in, rebuy and reload.

Đóng lệnh: dừng lỗ:

Closed at a loss.
Stop reached.

Bình luận:

This one will move soon. I will post an update tomorrow.