POE Ready for GREEN RUNPOE is sitting at weekly support of 23 sats.
Monthly Resistance is at 29 sats.
POE is going to test the monthly resistance at 29 sats.
24 sats is the perfect entry to go long. And exit the trade on 29 sats, as it can retrace back from there.
If you enter the trade from 24 sats to 29 sats, it would be a 16 percent increase in value.
As new Weekly candle is formed above 23 sats so the move looks bullish.
Set the stoploss at 20 to 21. You can set according to your trade.
If POE candles wick below 23 then it would find its support at 16 sats.
Be ready for both the situations. But right now the analysis indicates the bullish move.
Pocket your profits from 24 to 28-29 sats with realistic target of 12 to 16 percent.
Good Luck.
Poetbitcoin
#POE/BTC (May 26)POE has broken out from the falling wedge and it is moving up to 38-40sts.
But I think it will back to 13-15sts before making new run.
So if you have no POE, you can wait it around 13-15sts
Daily Bullish Signal $POE #POE #POEBTC #BTC $BTC (8 May)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
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My path doesn't seem like anyone. I'm like a MONK, always studying to find the direction that prices will follow. I will feel very comfortable if the price goes exactly in the direction I drew. I will always try and practice until PERFECTION is MY OWN
Daily Bullish Signal $POE #POE (1 March 2019)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market