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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Po.et (POEBTC) has hit a new low for 2019 at 84 satoshis (0.00000084). These are prices that haven't been seen since before the 2017 cryptocurrency market bull run. So once more, all gains removed.
Once we reached the bottom, the only place left to go is up.
Now, can it go lower? Yes, it can always go lower but, this is very unlikely when you look at the long...
Po.et (POE) Overview
The decentralized protocol for content ownership, discovery, and monetization in media
Po.et is building an open, universal ledger that records immutable and timestamped information about your creative content and uses our open protocols designed for interoperability with current industry standards in media and publishing.
I like to buy on these accumulation zone set-ups when the market is 'somewhat' stable because we can see explosive moves out of the buy zones.
When the market is in price discovery, these zones can get melted like a hot knife through butter. Always understand the context of the market before making a trade.
Double Bottom on price action.
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%++
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
My path doesn't seem like anyone. I'm like a MONK, always studying to find the direction that prices will follow. I will feel very comfortable if the price goes exactly in the...
- Want to see a reclaim of previous daily OB before considering going long
- If reclaim fails expect to visit close to 60 sats as this was the bottom weekly when Po.et was first listed on Binance
- Target anywhere from 115 to 119 sats
- Daily has printed a nice divergence but I do not like entering solely based off this, the only time I use the RSI divergence...
As we all know .. btc playing with alts like domino ... up and down moves .. and this volitility is very risky for the weak hands ..
For Poe .. i think one more leg down which we have to catch ,,, and will start the uptrend after that ...
60 Sats will be the Stop loss
$POE Sitting over a strong support about to cross Weekly descending trendline..
UCTS Buy signal on the 1D
Volume has been rising over the last days
Crossed & retested EMA100 (rejected many times)
Sitting over Ichi cloud.
Breaking over ~155sats could unleash a big movement
POEBTC PO.et / Bitcoin 1D BINANCE up to 27FEB19 Trading Analysis (TA)
1D Chart, PO.et (POE) has been surfing up and down the 100/200 MA signals, the MACD signals are about to pierce north below the Histogram and the RSI is rising from its fourth deep below the 30RSI line wich suggest a possible breakout over the 100/200 MA signals, which is the optimistic...
Commodity : PO.ET
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective Profit :...