POET (POE) Correction Looks Complete but is it?
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SUMMARY
POET (POE/BTC) is completing the overall Cup & Handle pattern and the handle formation is carving out to be an ABC (white). The prior blue impulse waves completed the right side of the cup formation. The ke question is as to whether the bottom is in or not. However, with Altcoins, always be weary of a seemingly short or rushed correction.
The finer details of the subwaves show at least that the white C wave has the requisite subwaves in place. The larger white ABC is counting as a Flat and if so, then the handle portion is also nearly complete, if not already. So, a trend reversal is expected, however; understand that more sideways action is the top alternate count.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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
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Tutorial on the use of Fibonacci & Elliott Waves
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Hello Mr. Haejin,
I would like to know if you want to have a civilized discussion about why you and @starjuno flagged my latest posts.
Is it because i am tracking the performance of your advice?
I would like to say that i started to do it because i don't see you providing the results of your advices anywhere else, and i got curious of how good Technical Analyst you are, and started tracking your performance myself.
So far, on 4 days fell 19,16% of the invested value, while the same amount on BTC only fell 14,88%.
Doesn't look good so far. But it seems that you know that already, since you only downvoted the posts and didn't provided any insightful comment.
Don't worry. I will keep tracking your portfolio in real time, and also do some backtracking on past months as soon as i have some extra time.
Aren't you curious of how is your performance?
Have a good day.
Sometimes it's stronger to not use any words :)
I liked and bought POE but I the devs and community around this coin seem to have died down. I’d look at the tech, community and progress before considering any technical chart based information on this coin.
EDIT: For transparency I flagged multiple posts below of a chainsaw dildo due to the image being offensive and being made by what I believe to be a spam bot. Spam is bad but offensive image spam needs to be stopped!
Ive been waiting on POE to do a little something something.
Good Post!
![](https://steemitimages.com/0x0/https://media.giphy.com/media/XfFW4zoBwtSBW/source.gif)
good project
Follow Me I Followed You
![](https://steemitimages.com/0x0/https://media.giphy.com/media/XfFW4zoBwtSBW/source.gif)
Poe is an interesting project, but it looks like it will continue to fall in this bear market. There is little momentum for anything, let alone smaller and less known tokens.
You are great person
Nicely tailored article
nice post ilike it