UnknownUnicorn57448

POE/ETH Fast rise bouncing on support

Short
BINANCE:POEETH   None
POE is a fast riser (50% in 24hrs!).
But for the short trader there are still profits to gain.
Buy at support and sell after 5%+ rises.
SET STOP-LOSS! Since the 50% 24hr gain is bound to drop coming days.

Comment:
Set the chart to 15 min and use the Moving Average support of 200 to calculate the next jump.
Comment:
CORRECTION: use the 5 min chart for the last comment.
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.