maxemin

PO.ET trying to brake trend

BINANCE:POEBTC   Po.et / Bitcoin
BINANCE:POEBTC             Is braking some trend lines but be carefulI see the green trend line as resistance and if it breaks it which I hope it does I see the white top line as resistance too
Trade active: Unfortunately POET couldn't break its resistance (green line) and its moving side ways
Comment: POET still moving sideways and the green trendline keeps acting as resistance and i can see poet is moving side ways in a support line (light grey line ) if it manages to brake the green line ill take a position and put a sell order at the white top line which may act as a resistance so lets keep an eye on poet like a hawk in the sky
Comment: Green line has worked like magic so far its a strong resistance point , Poet has moved side ways for the last few days but if you look back it has done that before and once it stops moving side ways it falls, could do it again if it doesn't chances are we can see some upwards movement but time will tell
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