Review on Po.et by Mehdi hazni
POET
This currency, like many altcoins that entered the cryptocurrencies market in 2017, had a great price growth compared to the usdt, but it was not stable and its price fell and now the current price (relative to the usdt) of The price before the climb is also lower.
I analyzed the price of this currency in the daily chart and btc pair and it seems that it has been able to break the downtrend line and is now above it.
Due to the failure of this trend line, I expect a pullback to the trend line and then a price increase again. So I think the price will fall to about 13-14 Satoshi and then it is suitable for buying and investing.
I have put the photo of my analysis below
Pros
- Suitable for investment in case of support in the broken trend line
- Even long-term investment goals can be predicted if the support is on the trend line
- Popular page of this project on reddit (about 10 thousand members)
Cons
- Possibility of falling in the short term due to pullback to the trend line
- The usdt price of this currency is even lower than in 2017
