I have been watching POE for a few days now, and I will admit that I have been wrong on the timing but I am still firm on my assessment. POE has come out of an Elliot 5 wave, and is in he final stages of completing an ABC correction. It has just dipped below the .5 Fibonacci but it is also below the 30 on the RSI , indicating that it is oversold. I look to see a turnaround very soon, especially in the anticipation of more money leaving BTC for ALT's as BTC crosses the 13k mark.
Do you believe that poe can breakout?
What does "Over sold" means? Does it mean it will further devalue or exponetially rise?
Gardain BTCookieMonster
@BTCookieMonster, Thanks alot
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