Long
POAETH - Bullish move - possible wave 3 of wave 3 finishing up
Looks like a wave 3 of wave 3 is finishing up on POAETH, retracement just beginning.
Wave 1 of 3 retraced around 50%. Wave 3 already significantly longer than wave 1.
Retracement to the 0.00101 area seems likely, give or take 0.00004.
When it bounces from there, it could go anywhere from 0.00115 to 0.00125, and then likely retrace pretty hard.
Wave 1 of 3 retraced around 50%. Wave 3 already significantly longer than wave 1.
Retracement to the 0.00101 area seems likely, give or take 0.00004.
When it bounces from there, it could go anywhere from 0.00115 to 0.00125, and then likely retrace pretty hard.
Note
Updated this chart. Current price is hovering very close to where Target 4 was placed. Sellwall at 0.00103 of 170 ETH on Binance, but price hasn't dropped either.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.