There is a ascending triangle on POE 4h chart as you see. RSI say that it is possible to reach the simple moving averages in next hours.
I will wait for the breakout then watch the indicator resisdances,
****Not financial adviser, for entertainment purposes only. New (only 2 weeks in!) to TA, DO NOT COPY!!!****
Call sourced from a signal group.
Targets: 23, 25, 30, 33
Stop Loss: 19
Reasons I'm not entering this trade:
1/ Significant resistance immediately overhead on SMAs 20, 30, 50, 200 as well as EMAs 8, 13, 20, 21, 55, 200
2/ No support...
Welcome to my first chart. The way I see it, PO.ET is now on it's third bull run this month. On the prior two occasions we saw spikes of between 600 - 700 sats over a 3 day period of gains. This has been illustrated in my chart with the billowy sail lines. The current run however is moving much quicker. The second run was quicker than the first, so, there is a...