pokp

pokp

Break out of the 48k test from a low point of 38k suggests more upward pressure. 55k is the 1.618 fib extension created from the 48k-38k retrace. The recent chain of bullish green days suggests overbought territory, with the RSI in the 90+ range for the second time. I don't think today will end as a Green daily candle. I think there should be a few days of...

pokp Updated 

Vertical price push is due for a pull back. Depth of pull back can develop into a few possible scenarios: Bearish: pull back leg of the longer term consolidation in the 15k-69k range. Bouncing off the 20k will be neutral vs. under 20k will be bearish, looking to test and break 15k. Bullish: Bounce off the 48k and dip to ~28k to form an ascending triangle or...

pokp

Hey Dogers! Gaps need to be closed between 12 and 6 cents If we don't dip into the blue box to close those gaps now, we will likely break 16 cents on the climb to ~20 cents at the 0.5 FIB before falling down Bull: extend to 20 cents, pull back to 16, extend to ~32 and beyond? Balanced: Consolidate around 8-9 cents (bottom of the blue box) meaning ups n downs...

pokp

Looking to buy the break down past the green line with stop losses at previous support. First profit target around 60 k. 1 to 2 week time frame or more to cross the Blue line to consider adjusting risk. No selling under the Blue line, no buying above it

pokp

Almost there.... Going long with tight SL. Expect to break out of two downtrendlines. Look for weakness close to the ATH. Close long/Build short as it runs out of momentum. Target is the 0.5 or 0.618 retracement. Watch for the big volume candle incoming.

pokp

Looking for a break to the upside past the two down trend lines. could go all the way to test ATH, but probably will see a break of the green uptrend line before testing the ATH

pokp Updated 

Impulse coming. Expect it to break over thxgiving. Testing 56k would be very bearish.

pokp

A look at the two largest sell offs in the opening day gives us some data (with decent volume) on market structure. Only recently have we seen a little buying support around $29-$30, but not nearly enough to consider significant accumulation. Accumulation could happen in the lower range between $28 - $30 going forward, with the significant possibility of a...

pokp

Weak volumes off the sudden crash indicates low buyer interest. We should see another break of the red trendline to do a second test of Fib 0.382 @ 4.7 cents, then a slight drawback and another dump down to break through 4.7 and hit a new low at fib 0.28 (3.7 cents) I expect to see a price channel between 3.7 and just above four cents as a possible accumulation...

pokp

Looks like Elon up to his antics again. Some Fast buying around low 5 cents to keep price action up. However there does not see to be enough follow up to create more momentum. The volume from the spikes is good, but that only indicates a larger one time buy, and lacks the consistent buying and increasing volume we need. We were still unable to break through the...

pokp Updated 

Unfortunately Breaking the Red line was pretty significant, and price has so far failed to recover. We are likely to bounce up past the two blue lines, but will probably fail and fall back to test 6.2 and break through to go into 5 cents or lower. We just finished the 3rd test of 6.2 since it first hit after 8 cents. Its highly likely, the next touch will break...

pokp

Finishing the ascending wedge pattern, looking like it might break out to higher highs. Volume is also declining up to this final point, suggesting highly volatile price very soon. A dump down could find early support and be a good entry point to continue price discovery towards 2300.

pokp Updated 

After a scary time in the buy zone, we have survived, and formed a small ascending triangle that looks like it will run out. We should blow past the green trend line, lets see if we can bounce off it to get confirmation.

pokp Updated 

several touches of the yellow down trend line suggest next touch should break up. Very bullish the second touch of the red line didnt break, and was bought up quickly. I expect price to break out past the yellow, briefly test the green trend line, before running out to retest the ATH @ 8.9 It probably will bounce off the ATH, which might have good entry...

pokp Updated 

We are about to see the fourth test of the downtrend line, where price should break out and retest the ATH @ 8.7 cents I expect to bounce of 8.7 dip down and retest again, or break out into new ATH and start price discovery. Fib extension Price targets after breakout: 1.618 @ 12 cents 2.618 @ 20 cents

pokp Updated 

Breaking into ATH over 3 years, and only a weak little pull back, with no volume? Get ready for price discovery. Punch your ticket now!

pokp Updated 

2nd test of ascending triangle with higher lows each time. Expect breakout on 3rd or 4th test of 3.9 cents. breakout target @ 4.2 cents and 4.7 cents

pokp Updated 

GJ guys, two pushes with volume. definitely good to add to this, buy the pull back, defend 3.4 cents As to my previous idea about 1cent to 2 cent buy range i still feel is valid. This push could also run out of steam just under five cents, and tumble back down. Both strategies could play out, risk management will be essential