POABTC - Ready to breakout to upside after consolidation

5 May 2018

Technical Analysis:

• POA has been stuck in wedge from past 24 Hr. and is ready to breakout to the upside.
  
  
• RSI is above 50 and Turning upside
  
  
• Has managed to held itself above resistance turned support at 0.000072
  

Fundamental Analysis:

*Big announcement expected in next week as POA20 and POA - ETH bridge is expected to launched on 10th May.

9 May 2018

İşlem aktif

We are in green now, more than 10%.
For conservative traders, partial profits can be taken here.
For more aggressive traders like myself, i will wait for another week as i expect btc to have positive next 5-6 days.

10 May 2018

İşlem aktif

We can add to our initial position here around 8.6k staoshis, targeting 1.6 extension of the current move around 11.1k satoshis.
POA is still undervalued and if you are long term investor like myself you may want to pick up some bags for long term hold.