POA Network Bullish Divergence | 475% Target Mapped

6 Nov 2020

Let's have a look at POA Network (POABTC) real quick... What do we have here?

On this chart we can see the now very common "Falling wedge", this pattern has been repeating throughout all the charts I've been looking at lately... This is a bullish pattern.

But here we have the falling wedge together with MACD bullish divergence, another strong signal.

And, finally, POABTC is moving today above EMA10 (candle closure is needed for confirmation/these are early signals).

We also have a new low compared to July, before POABTC latest bullish wave.
This is a positive development because now all the gains have been removed.
All the weak hands are now gone...

POABTC is preparing for another, very strong, bullish jump.

Namaste.