THELOGICALINDIAN - Potcoin Price Key Highlights
Potcoin amount could be in for added losses, awaiting a acceptable downside blemish from the accepted alliance abutment level.
Potcoin amount is currently testing the ambit abutment at 0.00000250BTC and ability be due for a breakdown, as a continued red candle has formed. The 100 SMA is beneath the longer-term 200 SMA, advertence that the declivity could backpack on and ability be in for stronger bearish drive back the affective averages are added apart.
Stochastic is additionally pointing down, acknowledging that bears are demography ascendancy of amount action. In that case, a move appear the antecedent spikes abreast 0.00000200BTC.
However, if the ambit abutment holds, potcoin amount ability still be able to animation aback up to the alliance attrition abutting to 0.00000300BTC. This is abreast the 100 SMA, which has captivated as a activating articulation point in the past.
Volume is starting to pickup, which suggests that added sellers ability be accommodating to hop in the trend on a breakdown.
Intraday abutment level – 0.00000250BTC
Intraday attrition level – 0.00000300BTC
Charts from CrypTrader.com
