Hello,
POWR (Powerledger), seems to be at the end of the consolidation period, after a good bullish 5 wave impulse, we are nearing the end of the decision triangle that has been forming for 3 months. I expect an up from here.TP1 = 0.00048, TP2 = 0.000526, TP3 = 0.00063; SL = 0.000364. Great R/R ratio, good fundamentals.
Please note that the timeframes I'm using are 4h and up, so trades can take some time. Good luck.
POWR (Powerledger), seems to be at the end of the consolidation period, after a good bullish 5 wave impulse, we are nearing the end of the decision triangle that has been forming for 3 months. I expect an up from here.TP1 = 0.00048, TP2 = 0.000526, TP3 = 0.00063; SL = 0.000364. Great R/R ratio, good fundamentals.
Please note that the timeframes I'm using are 4h and up, so trades can take some time. Good luck.
Kommentar:
Looking to break out of the triangle
Trade wurde manuell geschlossen:
I'm closing the trade in profit, due to potential BTC drop. Will re-enter, enjoy.
Kommentar:
Even though I closed my trade, great to see POWR smashed trough my TP1 and TP2! Go POWR!
Updated chart with fib levels