Long
When will POE bounce? That is the question.
Similar to my STORM analysis but with a slightly smaller top end available, POE looks to be entering into it's major support area that took it over 670 sat. Granted I think it's highly possible we could be in for just the B wave of an ABC correction, so I've set the R:R to much less than that.
If it breaks the top end major resistance, it could very well retest the 650 area, but it's a little too far away for us to make any assumptions in relation to that, as it will be predicated on what BTC does in the days to come.
Sitting in the 510 region as I write this, I feel as if it's a great opportunity to get into a project that not only has a working product, but with plagiarism being a major issue on the internet provides utility that you can write home about.
Not financial advice,
If it breaks the top end major resistance, it could very well retest the 650 area, but it's a little too far away for us to make any assumptions in relation to that, as it will be predicated on what BTC does in the days to come.
Sitting in the 510 region as I write this, I feel as if it's a great opportunity to get into a project that not only has a working product, but with plagiarism being a major issue on the internet provides utility that you can write home about.
Not financial advice,
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