POT COIN (POT/USD) Target $0.368 (174% Profit Potential); POT/BTC Target 0.00008127 BTC
SUMMARY
POT COIN (POT/USD) is very interesting in its pattern as it doesn't belong to any of the three major Altcoin pattern species. That doesn't mean it's immune to Technical Analysis. The chart below shows a clear impulse of five waves and then the requisite a,b,c correction formed double rounding bottoms which is bullish as they are solid consolidation patterns. The blue wave 1 was also solid and well placed and once the blue wave 2 is complete, price is expected to chug along towards $0.368 or 174% profit potential.
Here is POT/BTC pair and the cup & handle was completed and confirmed with price shooting as high as 0.000692 BTC. The resulting correction completed a bullish downward pointing symmetrical triangle. Price broke out of this triangle and is now impulsing towards 0.00008127 BTC.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
PotCoin stored at BTCPOP.co earns interest in stake rewards. Also I have No Limit Coin stored there and the POS rewards are good
Smokin' good analysis!
BTS really took off today...thanks for the guidance.
I am looking to make a buy tomorrow or wed for more...do you think it will pull back off the almost .13 before heading higher or do you see a run straight to .21?
BTFD!
I've been a long time holder and smoker of Pot (lol) and I find that without fail it goes up and down. This last pump was pretty epic, but I missed selling. Looking forward to a nice move up.
.34 cents today!
Shazaam Haejin! Potcoin is at 34 cents and up ticking still! Excellent work...I feel like a nag asking about Qtum again, but it seems like one of those coins that is going to rocket ONLY after everyone sells- any updates on Qtum would be much appreciated!!
is potcoin/btc still good?
wow right now you hit that one on the head: It stands at 0,375$ (Jan 1st '18)
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