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PotCoin (POT) Pump and Dump Volatility Play

General Strategy: Bullish Bias, Volatility, Buy-on-Dip, Short to Medium-term

courtesy of Tradingview and Bittrex

courtesy of Tradingview and Bittrex

Awaiting Pullback

POT/BTC was pumped hard during early 11/6 US session. Price went from 1500 satoshis to a high around 9800 satoshis and was dumped immediately. 

I want to catch it between 1150-1350 area. 770 is a key support. This is basically a 50% risk for a possible 300+% gain to 4500. 

Entry:
1300

Stop:
650  (-50%)

Target:
1) 4000 (266%)
2) 4500 (346%) 


 

XMY/BTC Bullish Breakout; Waiting for Pullback

My Trading Strategy