Are we ready for PPT to explode?

in #crypto6 years ago (edited)

RAMPING UP?!

I have been watching PPT (Populous) very closely for a few days now. And it looks very promising, despite the bloodbath that was the crypto space in the past 2 weeks, you cannot deny how incredibly well PPT have held itself.

Screen Shot 2018-01-30 at 12.18.15 pm.png
What you see right here is PPT/BTC as a daily chart. If that isn't a strong token, then i don't know what you're trading/ hodling.
The trend lines that I drew up for you guys can be seen ramping up very nicely.
The interesting thing about charts that ramp up on continuous higher levels, is that they show a good probability of going straight up and exploding once a large amount of volume flows in.

If you pay close attention to the volume bars at the bottom you can see the amount of volume that flowed into PPT yesterday, almost 3 times the amount of the average daily for the past week.
(on average 45000 and on the 28th it was 155000)
I am expecting another dip that also might break the line and then comes back to test it.

Screen Shot 2018-01-30 at 12.40.53 pm.png
Labelled as 1,2 and 3 are the trend lines that continue to ramp up on the hourly chart.
When you look at the volume from the 4th and the 9th (biggest green volume at the bottom) you can see how much of an impact it had on the price and that was still on the first trend line.
The recent big volume might have only been a 5th of the other two volume bars, but it is definitely not looking bad.

Keep an eye on PPT not only because of the chart but also because their team and idea has HUGE potential.

Also I just want to say that this evaluation is MY OPINION and should not be made responsible as a result for your actions.

If you like it, FOLLOW and UPVOTE to help a sister out :D

[SOURCE]
( https://www.tradingview.com/chart/vB2G92id/)

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Good post and interesting facts, I will keep an eye on PPT and see if what you predict comes true!

Hmm, cakes and cryptos, I like the combination! Upvoted and Followed!

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