POE/BTC (Failed Weekly Key Support)💎Technical Analysis Summary💎
BINANCE: POEBTC
-POE broke its weekly key support area around 10s sat
-The price fell sharply down too 5s sat or -50%
-Please don't try to catch a falling knife
-This is a strong sell and no buyers are interested
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POEETH
POE/BTC (Back at Previous Swing Low Point)💎Technical Analysis Summary💎
BINANCE: POEBTC
-POE is back at its previous swing low point last May 2020
-Is this a good buying opportunity now?
-Technically speaking yes, but can we see any sign of strength?
-If there is no signal pressure from the Bulls
-Buying at swing key point is still a high risk
-Given the fact, BTC Dominance is still strong against the Altcoins
-I recommend waiting for the price consolidate for a few days
-And re-assess the market condition again
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Trading Involves High Risk ⚠️
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Please Exercise Risk Management 💱
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Through Leaving A Thumbs Up, Comment & Follow 💬
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POE/BTC (Pullback is on the way?)POE/BTC
-a bullish breakout of trendline resistance
-this is a strong potential of a trend reversal
-if this is the temporary daily top
-we might see a pullback correction between 17-15
-only if there is a reversal sign during pullback
-that's the best entry to open a buy order
-mid term target is up to 41s
POE/BTC (Bullish Divergence?: up to 70% profit)POE/BTC
-bullish divergence on the RSI
-bullish descending channel on the daily chart
-if POE can hold 13-14 sats for the next few days
-we could expect a potential upside breakout
-take profit area is up to 20-25 sats
-stoploss is below 12 sats
POE/BTC (Bullish pattern?: up to 50% profit?)POE/BTC
POE is painting a bullish divergence inside this descending channel which by technical has a higher chance of breaking to the upside.
If we see a short rally, the initial target is up to 20 sats area and our stop-loss is below 12 sats.
POEBTC Latest Technical AnalysisWe 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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Thanks
Adil Khan
Po.et ($POE) - up to 1388% PPT! Long term trade.$POE reached accumulation zone.
On daily chart price is forming massive bullish divergence on RSI and MACD.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
Stop being so POE With a 30-70% Swing Trade OpportunityTECHNICALS:
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.
Strong accumulation since July of last year.
Big buy volume accumulation spikes moving in with little to no selling volumes.
RSI bouncing from oversold and moving towards neutral.
Price Action indicates we've hit a strong demand block where it's bounced from before.
Currently working through the .382 Fib level. May take some patience.
Targets are the 200MA on the daily chart as well as the 1.618 fibonacci extension.
Original Buy Zone was 120 - 121 for early entry accumulation.
TRADE INVALIDATED WITH A BREAKDOWN BELOW SUPPORT.
Thanks for reading and I hope this helped you understand a little more about how I think.
See previous $RVN trade that ran for 100% profit.
See current swing trade opportunities:
DENT - 24-80% Profit Potential.
TRADE REMINDERS:
1.) If the chart is old, don't trade off of it as the market conditions change all the time.
2.) Always chart the coin yourself as you may see something that I don't.
3.) Always use proper risk management when trading.
4.) Use proper position sizing based on market conditions and market context. (uncertain conditions warrant smaller position sizes.)
5.) Make sure that YOUR entry still maintains a high risk/reward ratio for your stop loss and take profit zones.
6.) If you don't know how to calculate position size, risk per trade or any of the other risk management concepts, make sure to download my FREE risk management masterclass found in my signature below.
Whip it... whip it real good! POEI think this could be a strong buy. I will be HODLing a bag of this. Once it goes, it's going to fly high.
POE Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell when you get some profit. Good Luck!
Looks Good? Leave a like, share and tell me in comments if my trading advices are working for you.
Thanks for visiting.
Close targets for sure profitsIf we break over 8000-8300 , i will close my positions at 9200 and 10200
POE (Po.et)this is one of my favorite crypto !
Why? because it respects the canal very well.
First target 91
second target 111
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.
POEETH - Undergoing 5th sub wave of Primary Wave 3.Looks like Po.et is in the middle of wave 5 of primary wave 3.
I'm inclined towards this count because the wave 4 area didn't dip into the wave 1 territory, and wave 3 hit very clearly the 1.618 ratio from wave 3-1.
At this junction, I think we can expect Po.et to rise as high as 0.00011297 since that would be a clear landing spot after wave 3-1 hit the 1.618.
This count would invalidate if the price were to drop below 0.00007862 (as that would be wave 4 falling back into wave 1 territory).
Entry - 00008662
Stop - 00007862
Risk - 000008
Exit - 0.00011297
Reward - 0.00002725
RR = 3.335
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 JUST GETTING STARTED POET WAVE 3 STARTING OVERALL PICTUREBREAKING OUT OF GIANT BULL FLAG. BULL FLAG BOTTOM FORMED BY 61 FIBONACCI LINE. I LIKE TO HAVE 2 CHARTS UP AT THE SAME TIME.... BINANCE NON MOBILE.... DRAW FIBONACCI LINES ON 12 OR 1 DAY CHARTS AND COMPARE IT WITH TRADING VIEW. LET POE COME BACK DOWN TO THE BASE UPTREND AND BOUNCE OFF.... REFERENCE TRX. THIS COULD BLOW UP FASTER BECAUSE ITS ON THE 61 FIBO. WATCH MACD FOR BUYING POINTS. ABOUT TO CROSS OVER NOW ON THE 1 DAY
BULLISH ON POE - SYMMETRIC TRIANGLE Okay so we're all ready for POE to take off but let's look at what's happening. We saw some consolidation after the announcement of Poet's new CEO, and I think we're moving towards another bull run which should put us in the 12,000 - 14,000 range. If you weren't following POE before, look at the history of the MACD. I think we're going to see another bounce.
A bullish divergence in the OBV confirms this as a solid probability. You could also look for a breakout from symmetric triangle to take a more conservative long position. I prefer the agressive position however given POE's history and recent news. What do you think?
Binance - Ascending triangleAn ascending triangle seems to have been formed here. A quick 10% profit target trade can be made buying between .00007000-.00007050 with a sell order just below the upper horizontal line of the triangle. This can ensure your 10% profit in case the price falls back down after hitting the resistance. If the price breaks out of the triangle then it can go further high but we are not looking for that in this trade. The RSI is on an uptrend line. As long as it does not break the trendline, we are good on the RSI side. Stochastic has bottomed out. In the last 3 instances when it bottomed out, the price made at least 10% gain when stoch hit its top limit of around 97. MACD isn't showing a bull movement yet. Stop losses can be set below the lower line of the triangle (depending on how risk tolerant you are).
My entry point was .00007040 and my sell order is at .00007690.
Criticism welcomed!
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 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.
POE BullishIndicators Bullish + Frost App Release on January 21st. Buy now, sell on Jan 21st peak, or hold for few weeks for 2-3X.