populous the beginning Another Trading Idea - Populous Was Popular Today

Populous is one of my favorites, and it had a good day today, it rose 10% and here is the daily chart:

See my work over at Steemit: https://steemit.com/@freeforever

Comment: Today we managed to close above the bollinger band median and we formed a pretty bullish candlestick for the day. We also closed above the trendline you can see in the chart which is another positive sign.

Now, the next target here is a daily close above 39000 satoshi, that would be really bullish. If we will do that, I do see a lot of potential to the upside, at least 80000 satoshi.

But, of course, you have to have an exit strategy if you are interested in trading Populous. In this case I would set 30000 satoshi as a limit. And of course, keep an eye on Bitcoin, we all know that the correlation is super strong.

Happy trading/investing!

populous the beginning Another Trading Idea - Populous Was Popular Today
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Science & Technology	Upload TimePublished on 17 Jan 2018

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