Po.et (POE): Poetic Profits!
SUMMARY
This coin has broken out of a very LARGE Cup & Handle pattern. The bullishness of this move could lead to impressive profits. The handle formation counts as an abcde and price has decisively breached the upper white line of the triangle. It is imperative that price stays above this line and not re-enter the triangle.
The 60 minute chart provides greater detail of the subwaves. The abcde of the handle triangle completed and as shown by the blue Elliott Waves, price exploded out and has thus far stayed out of the traingle. This is bullish because it means that there are no more sellers. The white Elliott Waves show an impulse in the making. Waves 1 and 2 seem complete and that means 3,4,5 are awaiting. This first impulse would be the second round of impulses and so a higher high would signal the bottom being in and the start of a trend reversal.
Legal Disclaimer: 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.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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This week is looking a lot more positive for crypto. Hopefully we are starting to get over the January blues.
IF the bottom is IN, then wave 3 would be at hand and wave 3s are the most violent in movement.
Look difference & decide which TA is best.
Why haejin downvoted expert @salahuddin2004 today without any reason just like me & @hendrix22
expert @salahuddin2004 TA for bitcoin yesteraday
https://steemit.com/bitcoin/@salahuddin2004/bitcoin-13-02-2018
crap haejin TA for bitcoin
https://steemit.com/bitcoin/@haejin/bitcoin-btc-morning-update-wedge-pattern-fractal-at-work
Oh, would you look at that, saladshooter actually got one for a change! I'm happy for him. But it's funny how much he brags about his recent predictions at the top when they were all 100% dead wrong and dangerous to trust. All analysts are wrong sometimes. Let's not get into cherry-picking wars. We'd be drowning in saladshooter links in no time.
New followers of crap haejin becareful. Read it out.
Predictions of expert @salahuddin2004 towards their targets & investor start liking TA method of expert @salahuddin2004 , haejin fears and start downvoting his post by his other account.(@solisrex)
Is this steem platform only for wrongdoing whales?
In steemd.com @solisrex uses haejin as voting power you people can check it.
His TA & proof
https://steemit.com/litecoin/@salahuddin2004/update-3-for-litecoin-prediction-15-target-usd360-expected-date-before-30-april-2018
New followers of haejin watch out for this guy ^^^. He's a known troll and a shill for salahuddin2004. At this point salahuddin2004 doesn't even like him. Also, salahuddin2004 has been wrong on every call I've ever seen him make. So there's that.
https://steemit.com/binance/@solisrex/problems-with-binance-withdrawal-email-verification
Just take a look at this comment thread. What a shit show.
I completely follow my own research so he isn't going to put me off. I use Haejin's analysis and then make my own decision. Sometimes Haejin is wrong, sometimes I'm wrong and at some point every expert in crypto get's it wrong. It's the way of crypto.
I'm referring to @asiahajranajma. I actually have a lot of respect for @salahuddin2004 as a person for the way he has been handling this whole thing. I don't like his style and I've learned that when he's 100% sure of something you should probably expect the opposite, but he seems like a genuinely good guy.
@asiahajranajma is on a personal vendetta against haejin for god-knows-why and posts lies, cherry-picked examples and propaganda here in haejin's comments on a daily basis. A lot of people are really tired of it, not the least of whom is myself
Thx I'm watching the project for a long time already!
I Was On Right Before The Big Bull Run! $0.02 Lol Sold At The Top! Made Big $$
New followers of crap haejin becareful. Read it out.
Predictions of expert @salahuddin2004 towards their targets & investor start liking TA method of expert @salahuddin2004 , haejin fears and start downvoting his post by his other account.(@solisrex)
Is this steem platform only for wrongdoing whales?
In steemd.com @solisrex uses haejin as voting power you people can check it.
His TA & proof
https://steemit.com/litecoin/@salahuddin2004/update-3-for-litecoin-prediction-15-target-usd360-expected-date-before-30-april-2018
New followers of crap haejin becareful. Read it out.
Predictions of expert @salahuddin2004 towards their targets & investor start liking TA method of expert @salahuddin2004 , haejin fears and start downvoting his post by his other account.(@solisrex)
Is this steem platform only for wrongdoing whales?
In steemd.com @solisrex uses haejin as voting power you people can check it.
His TA & proof
https://steemit.com/litecoin/@salahuddin2004/update-3-for-litecoin-prediction-15-target-usd360-expected-date-before-30-april-2018
New followers of crap haejin becareful. Read it out.
Predictions of expert @salahuddin2004 towards their targets & investor start liking TA method of expert @salahuddin2004 , haejin fears and start downvoting his post by his other account.(@solisrex)
Is this steem platform only for wrongdoing whales?
In steemd.com @solisrex uses haejin as voting power you people can check it.
His TA & proof
https://steemit.com/litecoin/@salahuddin2004/update-3-for-litecoin-prediction-15-target-usd360-expected-date-before-30-april-2018
How do you think chinese new year is going to affect crypto ?
Last week I think the New Year holiday would have meant a lot of people would be cashing out while they were away given the bearish trend so people didn’t want to risk losing on their portfolio with another dip. Although I think you still will have people cashing out as has become common during this holiday, the recent bullish trends the past days led by LTC yesterday will probably mean people will stay in this year. If you watch total market cap, it’s been steadily increasing again the past few day, albeit at a modest pace.
Thx for the quick answer you are awesome man !!!
Personally i think the affect is overplayed. We've experienced a correction for far more wide ranging reasons than the Lunar New Year. Weak traders have been exposed and have sold all over the world. Confidence is beginning to return and some of the damage has been rebuilt. Fingers crossed that rebuilding will continue but the whole process, the ebb and flow of the prices started long before the Spring Festival period and will continue beyond it.
It boils down to sentiment that drives the price. I believe sentiment will recover.
The upside on this coin is huge. It's one of the more interesting projects out there right now. I also think that the LEND and TNB tokens have a lot to offer in terms of real world usage.
post a nice
Steady @haejin
Hey Haejin! As I'm reading your article, POE is going vertical (it literally started minutes after you posted). So I just bought some more of it and now watching it continue to rise.
Love your articles/analysis, and thanks!
thanks