The summer of the weed! (Potcoin Gann fan and fractals analysis)

12 Jun 2018

This is a weekly view and as you can clearly see this fan shows perfectly supports and resistance,i usually use it with bollinger bands to see when the squeeze long is coming on the supports. we are on a major historical support (horizontal red line and the 2-1 Gann fan trendline ) i expect a massive movement from here as you can see in the fractals of the wedges too it usually moon hard when broke up of this wedges.
Macd on weekly has already crossed up :
Stochastic on bullish divergence and crossed up :
But also the 1 day chart shows a bearish divergence on rsi : so im not going in for now but waiting for a dip around the buy supply zone that should be around 1000-1150 satoshi.
Also stochastic on 1 day is dipping. lets see what happens at 55 level :

17 Jun 2018

Dagangan aktif

just jumped on the train!

29 Jun 2018

Dagangan aktif

Still on pot even if it got dumped hard,still seeing the bullish divergence on week and 2 week, believing in a long term bullish pot coin!

29 Jun 2018

Nota

With candlestick we can see that price got massively dumped and price got rejected strongly up once that hitted historical support, rsi also on historical support, good r/r ratio!

27 Jul 2018

Nota

Since potcoin has not managed to go up strongly the price got rejected down in accumulation phase that can be seen by the cmf momentum oscillator, it's showing heavy buy pressure and oscillator could further show the accumulation developing divergences, for now there is nothing that shows signs of bullishness that could immediatly take the price up,it could even go further down in order to touch oversold with rsi on weekly chart :
we can even see on weekly chart cmf has been rising and the price dropping, that's a clear signal of someone buying heavy during this last phase of the dip! Stay tuned for updates!

27 Jul 2018

Nota

Forgotted to post link of 3 day chart :
support in red horizontal line