POE is forming into a wedge. A confirmed bounce must occur on one of the bottom trendlines and a break of the upper trendline would be confirmation that its breaking out.
Just looking at trends. History never guarantees the future on these charts, but I definitiely want it to get out of the lower portion of that channel and find support in the upper half instead of fall back through it.
Looks like POE have found a decent support at .5 fib level. According to Cryptocurrency Calendar we might have news on upcoming days - is suposed to be today, but we cant count with that.
Indicators:
CCI: we got a clear buy signal some time ago - it is lowering, but we havent got a sell signal yet.
STOCH: under 20lvl and uptrending.
MACD: above zero line, but the...
Chart is self explanatory. Resistance is at 1000 for those who wish to join past resistance levels.
This is not an investment advice, always do your own research.
Hello, I saw this magnificently played technical coin named PoE (PoeT) which si having a bunch of announcements coming in, still very manipulated by btc's volatility BUT played perfectly from the algos on the market. Currently in correction 2nd wave of Eliot looking for a bottom. If it doesnt break out the fib line, open a long position with stop loss, under the...
Hello, this is my first published chart.
In the 4h chart, POE is following a great Elliot Impulse Wave going to the 3th wave now, probably in the next 5 days.
BUY = 1000 - 1225
STOP LOSS = 825
T1 = 1352
T2 = 1512
T3 = 1789
T4 = 2346
Good luck!
I have been watching POE for a few days now, and I will admit that I have been wrong on the timing but I am still firm on my assessment. POE has come out of an Elliot 5 wave, and is in he final stages of completing an ABC correction. It has just dipped below the .5 Fibonacci but it is also below the 30 on the RSI, indicating that it is oversold. I look to see...
BINANCE:POEBTC $POE showing a strong uptrend
1st target has been market around 1500
2nd target HODL for next level up.
STOP LOSS under 900
BUY MORE UNDER 900 ADD TO POSITION.
TIME FRAME 1 DAY 12 HOURS
This breakout is coming in the next 45min-1.5 hours...POE is in its last steps of a 3-wave retracement...the RSI and MACD are all pointing to an extended uptrend, most probably a new Elliot 5-Wave...1770 is my first target.
Looks like Poe creating a inverted head and shoulders, looks like a repeat of before. Interestingly enough, total crypto market cap is nearing all time highs. We may hit 1 trillion soon
POE is forming a triangle. RCI red (short) and green (long) are upward tendency. Even though blue (middle) is downward, but since po.et project is now going well, the red will push up it unless BTC collapse.
