mythoPOEtical... or not (a review on PO.ET)Its POEtic!
Real quick, for those who do not know, what is POE? This is a relative young token that was introduced in Sept. 2017. There is not much noise around this token which could mean it is a good time to buy. Po.et is great concept for a decentralized media economy. Po.et allows publishers to time-stamp digital works by using blockchain, and can create a digital fingerprint that can mathematically prove an article has not been altered or tampered with. Authors/ Writers/ Songwriters/etc. now have an option to turn to when they want to protect their works from being plagiarized online. So to say the least, POE has found a nice niche, it could be huge when/if adopted by publishers and could have huge potential.
Soooo... Here is a look at POE and a pattern I see that could be repeating from late 2017. The first pattern was only a span of 1 week and the second has been a span of several months, however they look like they are forming the same way. The resistance line seems to be following the bottom of the symmetrical triangle which we see is getting close to the end. IF we see POE break downward and out of the triangle and below the resistance line we could be heading farther down to around .000002 area. HOWEVER, if POE starts to rise like I think it will we could see HUGE gains in the next few month. We still need to pay attention to see which direction it will choose.
Buy In = .00000605 - .00000640
Stop Loss = .00000545
Target 1 = .00000846
Target 2 = .00001135
Target 3 = .00001781
Target 4 = .00002200 (300% profit)
Happy Trading :)
Much Love
DustyPH
***This information is not a recommendation to buy or sell***
*Please leave a comment and let me know what you think!!!
POE
$POE $POE.X - Poet Still doing WellI got into Poet aroun 791 sats and were still moving up. We crossed the last Fib line but still seeing some resistance here. I hope it bounces and continues up the positive channel. I have set my aims here, if you buy in now you can still make a few points to the top of the bollinger band as a safe spot to take profits. If volume increases, could go higher. MACD signal crossed and RSI is flattening a bit still positive. I expect some continued gains here.
POEBTC Bullish Flag – 23% Profit2hr Chart
It looks as though BINANCE:POEBTC is forming a bullish pennant. Should the pennant break, we could see profits of up to 23%.
Using the height of Pole A, we can estimate the peak of the second rise; should there be one. The estimated peak from Pole B just happens to also stop at the peak of our Fib Extension.
Entry Point
Look for the price to break the pennant. Although, if the price reaches the end of the pennant, then we are looking at an entry point below the 0.236 Fib level. Look for an entry between the 0.236 and 0.382 Fib levels.
Target Points:
(1) 0.00000818
(2) 0.00000845
(3) 0.00000873
(4) 0.00000911
(5) 0.00000960
Stop Loss:
0.00000729
Indicators:
Moving Averages
Our 20-period EMA crossed the 200-period MA roughly 12 hrs ago; indicating a bullish trend. (Green Arrow)
Look for the 50-period MA to cross the 200-period (Golden Cross).
Sniper T3-CCI
We have received a buy signal as the second green bar closed above the line. But, we're going to wait for the pennant to play out before entering a position.
Good Luck!
-Matt
POEETH - BreakOutBreakout out of the inverse head and shoulders on high Volume. Also Holding the neck Line on the pullback! Bullish Sign.
$POE $POE.X - Po.et Moving Up - 1 Day BinancePoet is moving up nicely though slowly. I bought in recently and it may be a good time as well. We have a positive channel moving up, MAC has crossed, the 5 day MVA is up, RSI is up. Everything is up here. The obstacle here is will there be enough momentum to break the 806 sat line. The line was tested a few times and retracted. Small profits can be made to that point, if you want to gamble it will break, then there is more to be had. 806 would be my first target, 883 would be a second target.
$POE $POE.X - Po.et Binance 1 DayPOE is making a nice uptrend and may break its next line of resistance for some small profits. 5 Day MVA is up about to cross the 20 day, MAC has crossed and RSI is uptrending. May be a good buy in for some small profits.
POE in about to hit major support lineBig support line coming up. Watching how prices react around 625 support area. Expecting a bounce and at least a 20 percent raise.
POEBTC POE/BTC POE/ETH POEWE ARE COMING TO AN END ON POE CORRECTION.... 2CND IMPULSE WAVE UP JUMP ON THE WAVE FOR A NICE GAIN
POEETH windowFirst chart so looking for inputs but i've tried to correlate a double window on the buy and sell to extrapolate buy sell options. There is profits to be made with this model if you focus on the red line for buying and the green for selling.
Po.et POE BTC Forecast - SqueezePOE 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 (27%)
3rd Target 1,150 (40%)
CEO news will definitely fuel hype and give POE the much awaited pump. With the right volume all three targets should be achieved.
This is not an investment advice, always do your own research.
Po.et POE BTC Forecast - Sale 50% Off!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 and potentially peak by Sunday.
This is not an invesetment advice, always do your own research.
Everyone's forgotten you poor POE50 MA is being tested. Volume is in the dirt. This MAY see a rebound off the 50MA. If so i believe a solid 12% to 30% short term gain will be had
POE BTC Forecast - Po.et of Gold!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 breakout and Line D would form and complete the BAT Pattern. This is good news with a bearish pattern. Gasp!
BTC price is not stable at all especially because of CME Futures Contract which expire on 26 January 2018 i.e. Friday. If price continues to drop, altcoins usually follow and could drag POE price with it. I would follow price closely until Friday and try buy several dips so as to average price in case in drops or breaks out early.
Also consider profit exit points. The chart is for illustrative purposes only. I combined two Fibonacci Extensions from two different points and drew out those two sell targets: one conservative and one risky. Consider the volatility in the crypto-market when making such decisions. Set limit buys in order not to miss the pump and limit sells to secure profits if price tumbles down.
We'll see if this turns out to be one of those hero or zero moments.
This is not an investment advice, always do your own research.
POE i don't know what the hell i'm doing but have fun with it.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 this is part of a downward wave i couldn't tell you, since i'm pretty new but it could be. If you look at the 4 hour chart you can see that it has had 3 corrections will there be a 4th wave and correct again or will it go up?
Well thats it have fun.
POEBTC PO.ETinitial outbreak of narrowing wedge is done. Major boost should be seen now. Lets hope POE improves even though market stagnation.
POE wedge playPOE is forming into a wedge. A confirmed bounce must occur on one of the bottom trendlines and a break of the upper trendline would be confirmation that its breaking out.
POE Pennant play$POE Looking for a bounce off of the lower trend line at about 880-890. Forming into the pennant nicely.
RickSmashJust looking at trends. History never guarantees the future on these charts, but I definitiely want it to get out of the lower portion of that channel and find support in the upper half instead of fall back through it.
POE/BTC - Waiting for confirmationLooks like POE have found a decent support at .5 fib level. According to Cryptocurrency Calendar we might have news on upcoming days - is suposed to be today, but we cant count with that.
Indicators:
CCI: we got a clear buy signal some time ago - it is lowering, but we havent got a sell signal yet.
STOCH: under 20lvl and uptrending.
MACD: above zero line, but the blue line (fast) crossed the orange line (slow).
I would reccomend to wait for a clear bull signal on the graph before starting the long position.
Remeber, I'm not a finnancial advisor, I'm just sharing my ideas with the community.
Po.et POE ForecastChart is self explanatory. Resistance is at 1000 for those who wish to join past resistance levels.
This is not an investment advice, always do your own research.