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PPCBTC 6.84% has had a strong momentum move in a weak momentum downtrend. Typically we see a new trend form when we see strong momentum in a weak trend. Therefore this could signal that PPCBTC 6.84% is switching to an uptrend. We are still buying into consolidation on the daily chart , so we're looking for an entry here on the 1h. 

We have limit buys set for the 618 fib retracement of this recent movement, with a stop loss below support. 

Our targets are the resistance level of the recent movement, and the natural 1.618 fib extension of the movement. 

DI+ is well above DI- and ADX is rising above 25, which shows this is a potential good entry on the 1hr chart because bullish momentum is much stronger than bearish momentum and the trend is strengthening.

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