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.
Poebtcforecast
POEBTC formed bullish BAT | Upto 76% movePriceline of Po.et (POE) has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the move of price action to see how perfect this pattern is driven:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below:
Buy between: 0.00000023 to 0.00000021 sats
Sell between: 0.00000028 to 0.00000037 sats
So mid term trade has potential to give upto 76% profit move.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
POEBTC formed bullish Gartley | A an opportunity for upto 31%Priceline of Po.et / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
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We have 100 simple moving average strong support below the price action.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000026 to 0.00000029
Sell between: 0.00000032 to 0.00000038
Regards,
Atif Akbar (moon333)
$POE - LONG - 1D - TRADE IDEA- Want to see a reclaim of previous daily OB before considering going long
- If reclaim fails expect to visit close to 60 sats as this was the bottom weekly when Po.et was first listed on Binance
- Target anywhere from 115 to 119 sats
- Daily has printed a nice divergence but I do not like entering solely based off this, the only time I use the RSI divergence is when it is near a support or resistance
POE/BTC, next months forecastHi guys !
This is an analysis on POE for the next months. The POE's volume is growing since few weeks and the price reached new high days after days.
Indicators looks good for this coin and this in my forecast idea on it . Many people are following this project and it could explode (again) by the end of the year .
I'm expecting a new breakout around the end of the flag (where my "forecast" chart begin).
Thanks for your time guys !
