sonerster

The end of falling wedge

sonerster Updated   
BINANCE:POEBTC   None
It is not yet clear whether Po.et will make one more downward move, due to the 5th of C wave is not easy to be distinguished. I hold it but indeed watch out carefully before a harsh impulsive last wave.
Comment:
The second option is in play now. The first breakout is not supported by enough volume. The falling wedge turned into a bull flag which may fall until 290s.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.