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Oyajii
3. Febr. 2018 03:21

$POE, Binance- looking good or not? 

BINANCE:POEBTC240

Beschreibung

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Keypoints:

1. Break the continuation pennant below - sign of a reversal

2. Still on the descending triangle testing the support at 600

3. Support turns into resistance after the dump of BTC (Lightblue line)

4. RSI makes a bearish divergence - sign of reversal

5. Target support at the blue box if it cannot hold.
Trend Analysis
Kommentare
idkau
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I think it has a chance depending on todays rebound. We shall see! I predict that it will continue its downtrend.
Oyajii
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@snakeyankee, i'll update my charts later. Thanks for the opinion and I also agree with you. That's also my initial analysis in this chart.
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