POE/BTC TA Update (Breakout in 1 week?)
POE/BTC
POE is about to reach the end of this triangle pattern, a breakout is likely to happen within a week or two.
To provide higher chances of a bullish breakout, the price needs to hold above the 50/100 Day MA as these are a very important level of support.
Currently, everything is looking great as the price keeps making a series of Higher Lows and respecting the upward trend-line of support.
POE is about to reach the end of this triangle pattern, a breakout is likely to happen within a week or two.
To provide higher chances of a bullish breakout, the price needs to hold above the 50/100 Day MA as these are a very important level of support.
Currently, everything is looking great as the price keeps making a series of Higher Lows and respecting the upward trend-line of support.
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