POE/BTC - Waiting for confirmation
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Looks like POE have found a decent support at .5 fib level. According to Cryptocurrency Calendar we might have news on upcoming days - is suposed to be today, but we cant count with that.
Indicators:
CCI: we got a clear buy signal some time ago - it is lowering, but we havent got a sell signal yet.
STOCH: under 20lvl and uptrending.
MACD: above zero line, but the blue line (fast) crossed the orange line (slow).
I would reccomend to wait for a clear bull signal on the graph before starting the long position.
Remeber, I'm not a finnancial advisor, I'm just sharing my ideas with the community.
Indicators:
CCI: we got a clear buy signal some time ago - it is lowering, but we havent got a sell signal yet.
STOCH: under 20lvl and uptrending.
MACD: above zero line, but the blue line (fast) crossed the orange line (slow).
I would reccomend to wait for a clear bull signal on the graph before starting the long position.
Remeber, I'm not a finnancial advisor, I'm just sharing my ideas with the community.
Nota
Update: shorting POEPOE broke down the .5 fib support.
Indicators are showing a bearish momentum.
I would recommend to put some buy orders at key levels like the .38fib level and the bottom support (around .00000610).
This bearish momentum could end if the news got confirmed.
Penafian
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