POE (Po.et)this is one of my favorite crypto !
Why? because it respects the canal very well.
First target 91
second target 111
POEBTC
POE.T's Bull Pennant BreakoutHello guys,
I hope you are all doing fine. You guys are looking at daily chart of POE on Binance. Yesterday, POE broke out the bull pennant it has been in for the last week or so. However, due to BTC correction, it has come down and could not go any further. The good news is that the yellow line now works as support and let's see if it hold it. Please bear in mind that POE is one of those tokens that has not had its bull run in this bull season and it has been accumulating for a long period of time. I think when it starts to run, it is gonna be super bullish. Please DYOR and this is just my opinion. Forgive me if there is any mistake.
Happy trading.
Po.et! Great bullish set up!Hello Traders,
If you do not know what Po.et is, you should really look them up! It is another great project, and I am very interested in where this project will take us.
Looking at 4 hour chart, I see a really bullish setup for Po.et and here is why:
1) Po.et just touched down trend support, horizontal support, and up trend support.
2) Stoch RSI turning bullish
3) Bullish Pennant Setup. This set up is supported by decrease in volume after April 13th.
If you are long term holder, this might be a good time to get in. Otherwise I will wait until Poet breaks 652 Satoshi.
My targets are
1) 890 Satoshi
2) 1033 Satoshi
3) 1188 Satoshi (90% profit!)
Happy Trading!
Fibonacci Magic Pt 2 - POEIn my last chart I left you with 2 targets for the completion of Wave 5. We hit my first target on the head and seem to be correcting now. We are now in our ABC correction and on target to hit the 0.382 Fibonacci Retracement.
My reasoning is as follows. Wave Wave B retraced to the Golden Pocket of Wave A already, and the 1-1 extension of wave A is exactly at the 0.382 fibb. therefore I think there is a high probability of us retracing to there.
I left my second target on just incase we are in an extended Wave 5 and my Wave A is really Subwave 2. However I feel that is unlikely
Once again the Fibbs tell the story with this one, perfect retracement and extension ratios!
Target for the bottom of Wave C is about 520 satoshis
I hope that you enjoyed my analysis. Please always remember that targets are not set in stone and to always practice proper risk management! Please like and comment any questions you may have below. Happy trading!!
"All the Way Up" POE/BTC 4hrPOE/BTC on the 4hr looking to be setting up for an imminent breakout over the next few days.
Higher lows have been established as the volume and RSI remain steady.
POE is working on a massive bull flag + Symmetrical TrianglePretty self explanatory. POE is traveling in a descending channel atop the flag pole from the most recent bullish movement AKA bull flag. Within the flag there is a symmetrical triangle (blue lines). RSI is respecting the uptrend on the 4 hour. Expectation (assuming BTC behaves) is that price will continue to appreciate, with a break up of the triangle leading to a break out of the ascending channel. Targets are the top of the channel and fib lines.
1. The cryptocurrency market is extremely volatile.
2. Targets are potential expected reach, not guaranteed.
3. Resistance and support levels are elastic, not static.
4. I cannot advise you when to enter or exit a trade, only provide the trade set up, so trade accordingly.
5. Traders should never trade more than they can afford to lose as each trade is based on possibilities, not guarantees.
Fibonacci Magic!! - POEI was requested by someone to do POE! So here you go! I think I can rap and flow, you know?
Ok, so, I have a bunch off fibbs drawn everywhere I know. Fibonacci is such a cool tool, if you haven't used it, you totally should.
At first I wasn't sure if this would count well because the subwave count looks so odd (especially Wave 3) , but as soon as I threw the fibbs on, it was like I was looking through a crystal ball!!
These fibb retracements are Elliot Wave GOLD!! Our Wave 2 retraced to the 0.786 Fibb. Hit it right on the head with a wick. Wow it's like magic!! How could you have predicted this before hand!?
Not only did Wave 2 retrace to the 0.786 fibb, but wave 3 hit the 1.618 extension. And after that, following the Rule of Alternation, since wave 2 was a deep 0.786 retracement, wave 4 was a shallower 0.5 fibb retracement. And WOW!! We hit 0.5 exactly also!! These fibbo thingys are cool eh?
Now onto wave 5!! Well, I don't believe wave 5 is complete yet, and since Wave 3 hit the 1.618 I will assume conservatively that we have a 1-1 ratio of Wave 1 from Wave 4. At the highest, I would expect Wave 5 to hit the 2.618 extension of Wave 1.
Now I haven't extrapolated any targets for our ABC correction upon completion of Wave 5 because we don't yet know how far wave 5 will extend, however we can reasonably assume based on the Elliot Wave Guidelines that it will most likely be within Wave 4 territory.
Targets
Wave 5 - Between 650 and 780 Satoshis
ABC Retracement - Between 490 and 600 Satoshis
I hope that you enjoyed my analysis. Please always remember that targets are not set in stone and to always practice proper risk management! Please like and comment any questions you may have below. Happy trading!
POE LongBroke out of bullish pennant and is now forming an ascending channel on the 3hr.
Heavy resistance @ 630 sats which I believe it will break through in the coming hours.
Bullish tk cross on the daily
Price action is currently hovering inside the cloud.
Completing 1st wave of a 5 wave move up On correction of wave 1 moving to B wave on 2. Watch for bounce off the golden pocket. Next up after correction is WAVE 3
POE/BTC buy signals 20180414POE/BTC: Lots of entry buy signals generated for this coin using my Bottom Finder v8 script. Each signal profitable but with varying gains. Good bottoms caught including lowest bottom 2 days ago. Keeping the default settings to track.
Potential net profit = 50% if bought at last buy signal generated and sold at highest price today.
Note if using 2hr periods instead, profit was 71% but last buy signal was 12days ago.
Stats:
*Script: Bottom Finder v8
* Period: 1hr / 2hr
* RSI at buy: 45 / 45
* RSI at sell: 88 / 88
* Last buy signal generated: 2 days ago (12/04) / 12 days ago (02/04)
* Value at signal: 0.000004 BTC (12/04) / 0.0000035 (02/04)
* Highest value today: 0.000006 BTC (14/04)
* Potential Net Profit: 50% / 71%
Po.e - BTC BreakoutIf the BTC will not destroy the market;
Target:1 - 444 Sats
Target:2 - 529 Sats
Target:3 - 597 Sats
Target:4 - 666 Sats
Target:5 - 764 Sats
Target:6 - 888 Sats
And than it will be Moon !
Note : It's not a investment advice ! Do your own research !
Inverse Head and Shoulder?It seems like $Poe formed an inverse Head and shoulder and broke it. Might start a %20 rally.
Bearish Scenario for POEBTC if it doesn't break the double topI love POE, so I hope I am wrong on this one, but I have some low buy orders placed just in case.
Po.et - POEBTC - Daily Chart with Fibonacci RetracementsFuturistic platform on generating revenue from blog posting. It's like steemit but less crowded.
$0.029556 USD (5.67%)
0.00000416 BTC (3.46%)
0.00007231 ETH (0.29%)
coinmarketcap.com
www.po.et
blog.po.et
upcoming events
30 April 2018 (or earlier)
Po.et (POE)
Licensing Marketplace
(Added 04 January 2018)
"Po.et will support custom content licenses, in addition to Creative Commons and other industry standards."
31 July 2018 (or earlier)
Po.et (POE)
Revenue Sharing
(Added 24 March 2018)
"Multiple owners for a digital asset can share in the profits and licensing revenue from that asset," planned for July 2018.
POE/BTC Forming a Bull FlagLooks to me that Po.et is consolidating inside a Bull Flag - continuation pattern.
OBV looks strong and once StochRSI resets, onward we go!