Po.et / Bitcoin cryptocurrency has formed a gartley pattern and entered in potential reversal zone.
MACD is turning bullish.
I have defined targets using Fibonacci sequence:
Buy between: 0.00000030 to 0.00000028
Sell between: 0.00000032 to 0.00000036
Atif Akbar (moon333)
Trying to break from Descending channel with increasing volume..
Currently over 60% since UCTS Buy signal on the 8H chart ,
Do not FOMO, buying now is crazy!.
Wait for a flip at current resistance level (~36sats), if happen taking a new position to 47/48sats
MACD telling to go long, waiting for confirmation above KC and ICHIMOKU levels. Levels to watch (sats):
POE is prone to sudden pumps, it might be getting ready to go on another one. If one were to go long at current levels and close at 100 thats 500% gain, SL: close below 18 sats.
Pair : #POE / #BTC
RSI : 59
TA Notes :
- MACD :Already crossed over for a bull run indication.
- EMA : Looking bullish below the current candle stick formed showing a short term bullish trend formation.
- Volume : Needs some more energy to see a good spike but looking fairly good for now though.
- A good formation of candle stick...
We are doing Analysis of POEBTC on 1 Day Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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$POE Very similar to many other alts, bouncing in a range near ATL BTC levels...
Lacking of catalysts in the near future, I'm only interested if it breaks 74sats with volume
For now just set alerts and wait for signals to appear
ACCUMULATION to follow the uptrend market bullish movements
we have 2 important points now 63 sats
and 52 sats
if we lost first defend zone , re-buy back at the second and stop loss below it day candle close
long term investment potential 100%++