Consolidation phase for POE. As BTC finds support, POE follows. With news of partnerships, POE is setting up to catch fire. 3X potential within February, given BTC does not plummit. Target: 945
A short possible analysis only with my eyes and without maths in my break. Let me says that this is a great project read more about them on their whitepaper. Best regards Nokol
POE chart looks like its about to squeeze. Current support in combination with trend line stands at 824 and if that fails 800 fib support comes into play. Lower support stands at 600 which could be achieved if BTC bleeds closer to $9,000. I suggest traders to wait 824 to test before jumping in. 1st Target 940 (14%) Not featured in chart 2nd Target 1,050 ...
As you can see RSI broke downtrend marked by the yellow circle, the blue circles pinpoint two bounces off a new uptrend. Macd is contracting and should converge soon, which will mark 2/3 bullish indicators. The Last pair of candles on 2 hour chart look great the red one shows us its an equal pull of bears and bulls, Green engulfing candle shows signs of...
Bouncing between the .5 and .618 fib this is our entry! Since EW3 can never be the shortest we are aiming for a 1:1 target and a tiny bit more, for those of you who are conservative you should stick to 1:1 Entry 800-860 Target: 1: 1300-1600 ( depends on how conservative you are) 2: 2100-2300 ( read above)
Poe is looking absolutely beautiful, currently on the 2nd wave of a bigger 3rd wave. Bouncing between the .5 and .618 fib this is our entry! Since EW3 can never be the shortest we are aiming for a 1:1 target and a tiny bit more, for those of you who are conservative you should stick to 1:1 Entry 800-860 Target: 1: 1300-1600 ( depends on how conservative you...
POEBTC Poe was trading well today but has started a downtrend. MACD is still strong though RSI is on a slight downtrend. If volume and buy strength increases, we may see some gains within the next 12 hours meeting the next Fib resistance level. If RSI continues to dip we may see a retracement though I believe if this happens the price will flatten back to the...
Breaks Blue - Possible see a run Breaks Yellow - Possible see a continuation Breaks Green - Possible Decline Whats your money on?
Like I mentioned in my last POE chart I could see plenty of bullish patterns including: a) Symmetric Triangle; b) Flag and Pole; c) Pennant ; d) Elliot Wave (in the making); and e) ABCD . In this chart we could see the ABCD bullish pattern in play. History repeats itself and following BTC's futures expiry (today at 16:00 London Time) we will see POE rise...
These types of charts get me excited and make my heart pump faster! Also, I am looking for a pump in the POE chart. I could see plenty of bullish patterns including: a) Symmetric Triangle; b) Flag and Pole; c) Pennant; d) Elliot Wave (in the making); and e) ABCD. One may ask why did I draw a bearish pattern: BAT harmonic pattern. Well, all indicators point for a...
Let me know what you think, advice appreciated!
We can see many patterns at the moment - I personally can see descending triangle and bullish pennant. The important thing we have a strong support just below the triangle. I expect the breakout over upper trendline, which forms the triangle/pennant. If that happens, we should go pretty steep up. It can be good time to enter the trade at the moment.
BREAKOUT CONFIRMED. ENTRY ZONE- BELLOW 990 SAT TARGET1- 1400 SAT TARGET 2- 1950 SAT
Hey guys first analysis here so basically i have no clue what i'm doing but here it goes anyways. So looking at the MACD we can see that it has crossed the signal line which usually indicates that the market will be going up. After that we look at the Elliot wave and it has also turned to the positive side which again goes together with the price going up. If...