SUMMARY
Po.et (POE) has been going sideways since early March and the recent price action seems to be patterning out a rounded bottom (blue arrow). The prior impulse up (blue) shows an extended 5th wave; hence the deep correction. The wxyxz complex waves could be complete if we see an onset of impulse wave moving up.
The MACD has pretty much traveled all it can through the narrowing parameters. A breakout is highly likely. This would initiate the first of three series of impulse wave moves upward as shown in the below chart. Does this look like a price crash scenario? Would you be a buyer or seller at this stage?
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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Elliott Wave Counting Tutorial #1
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Essay: Is Technical Analysis a Quantum Event?
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I would love to see $POE break out and get some nice big gains. I was filling my bags with POE a few months ago and have faith in the token. -Respect
Good article:)
How do you make such high figures?
best (y)
let's hope it happens
thank you for the post i had few thousand POE which i sold when the market crash happened make few dollars but in this bear market i feel like i can pick any coin and will make some benefit off it , but this post definitely helped my decision i will look at POE closely and see where it goes i like the platform but not sure how big of deal this would be but again thanks for chart and info about the coin :)
Post nya bagus
thank you very much
I am curious about EOS 2 rounds
You always give out your best, boss..
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Very nice. Something that may peak your interest is looking at CMT. This particular coin has me lost.
Why it's always triangle?
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It also helps that POE is a great coin with a good team and community behind it. Strongly believe in it on the long term.
Coins mentioned in post:
@haejin Please analyze Recovery Right Token (RRT) bitfinex!
Nailed this one sir! Thank you for lunch money:)!
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