Bullflag (or falling wedge) pattern suggests an upper movement. However either way in the graph (blue or orange) will be detrmined by the upcoming movement of BTC which currently seems to form an H&S pattern.
Maybe my bullish bias force me to see Po.et always in upwards trend. This is not an investment advice. I will try to update If the things seem to change in Elliot Waves, coz it's too early to predict the entire movement.
Po.et seems to wait for the 5th wave. I gues it will be synchronised with the possible breakout in Ethereum.
Po.et mayfllow such an Elliot path in order to complete a huge inverse H&S. This is a hypothetical graph, not an investment advice.
I hope these harmonic patterns will produce a result (eg. inverse H&S ).
A massve H&S pattern is forming in XVG graph. Follow the double top on the right shoulder. If it falls below 520s think about stop loss. This is not an investment recommendation.
Bull Flag formation in POE chart. Elliot Waves and target of formation are also indentified on it. This is not an investment advice.