POT Possible Trend Reversal Looking for uptrend after cap loss

After the market has declined in the last 10 days from point #1 of $724,708,000,000 on 1/12/18 to point #3 of $421,556,000,000 on 1/17/18. POT has seen a downtrend after making positive gains before 1/12/18. Its current rebound as seen a 62% FIB retracement and is now moving in a descending channel. It currently is showing signs of a trend reversal and possible breakout of the channel as its following the support line drawn on the chart. BTC is still fluctuating daily and continuing to avoid a bullish trend. To make a good bullish run I think we need to see a breakout on the daily chart as well. Also the market needs a couple of weeks of steady market cap growth. Look for POT to breakout in the next 5 days if it continues to follow the support line. Once it breaks out lets look at possible targets. Patience with this coin and all alt coins right now as the market begins its new growth trend after this newest correction.

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Point #2 was $532,711,000,000 before dropping a $100 billion in cap in less then 24 hours.