3 Reasons: Location: Within new bottom support, off 0.886 Fib line Momentum: W structure confirmed in Willy and OBV. Willy is stupid and oversold. Structure: Double Bottom structure, entry at confirmation and risk against structure low. Profit Objective: 2:1 R/R min
Good scalping opportunity if it breakout. open a trade once breakout is confirmed
The graph of the poa is fallowing the days of 28 and 3 of months. Poa will be a platform, so I thing we will see a graph like this. Do not forget take the profit earnings when it touch the fib.
I think this scenario is going to happen, what you think?
now its time for POABTC, buy in buy zone and sell in next target
Guys, While I’m longterm bullish on POA, this correction seems like it’s not done yet: 1) We are only .382 the amount of bars it took for the impulse wave that precedes it. 2) I am unable to identify the waves in the daily chart, making this seem like a single impulse wave that’s part of a larger corrective wave. With that said, we do have a short bullish...
POA looks good. It found support at 236 fib.
$POA has pulled all the way back to the lowest it's been in almost 2 months. Look for a great buy opportunity under 5000 satoshi as $BTC dips further below $7800. 2x potential from where ever you buy under 5500 satoshi.
Not much technical analysis going on here. POA is a solid coin with good fundamentals, it's been accumulating and mooning over the last few weeks and seems like its following possible fractals. Sitting at 7600 sats currently and extremely short-term could go up to 8.2k where it has solid resistance before dipping and possibly going up if the fractal is still in...
You can still set your order to 6000 satoshi, but your lucky if it fills your order.
Looks like the main trendline may be breaking down. I can see a bounce happening up to around 6900-7000 before more retracement down to 5806 or 4755 before breaking out of the descending wedge being formed
POA looks good on the daily. Bouncing off ascending support line, .05 FIB and 55 EMA. Not looking for a breakout here, but more to trade within its large pattern.
POA backed by very solid FA is ready to fly. Next week POA could see massive gains.
This chart can be used for multiple weeks. Symmetrical triangle forming. Could break either way, but buy zone is accumulation for long positions. Not financial advice. Entertainment and education, only.
Notice how in each of these channels, the bottom line breaks after the third touch (or shortly after). The same should probably happen again here. I think could be potentially explosive as its hung out in this accumulation zone between 6.2 and 7.5 for several weeks now. I think this could potentially ride up to about 7.9k-8 in this channel before coming back...