BITTREX:POWRBTC   PowerLedger / Bitcoin
Setup looks good following a 3 week consolidation phase.
Right now I'm seeing two scenarios.
1) ABCDE correction is complete and we have seen a primary impulse wave.
We see candles closed in the cloud and sideways consolidation. If volume picks up we might see a secondary wave break the downtrend.
2) ABCDE correction is not complete.
The leading kumo has turned red indicating possible resistance at 9100. In this case we might see the final E wave complete to 8k. This would be an area to watch if the trend line failed it might fall to 5k.
If scenario 2 plays it, POWR still falls into a bull flag pattern and would be set up to retest the 13k             range.
Maybe scale your buy orders to be safe.

If you like, hit me with a follow for more analysis updates and find the link to my Telegram in my profile. Happy Trading!
Kommentar: Currently near the lower trend line .236 fib. Watching.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden