Power-Ledger has broken out of the down trend and gone sideways, now hovering around the over sold area. It has met major support, forming higher lows and higher highs. Still a relatively low market cap, I believe it will go up if it stays above support but you could wait for break of the 5000 satoshis resistance and this will still be a good entry for the mid/long term. Safe resistance levels if you would like to take some profit, based on fib levels seems to be around 5000, 8000 and 11000 satoshis.
Please be careful if following this trade, market is a bit unpredictable right now with a lot of new money flowing in and more bitcoin futures markets about to launch, I am also still new to trading.
If you like my idea and hopefully make some profit donations would be much a appreciated :)
1MTKoFvMAUjeSKAMk7P2tA2HXU8K24f5Y4 BTC.
LW6SkdTHGx9bT2wmroEvKJPiJXuWSzbPAP LTC.
HAPPY TRADING :)
Please be careful if following this trade, market is a bit unpredictable right now with a lot of new money flowing in and more bitcoin futures markets about to launch, I am also still new to trading.
If you like my idea and hopefully make some profit donations would be much a appreciated :)
1MTKoFvMAUjeSKAMk7P2tA2HXU8K24f5Y4 BTC.
LW6SkdTHGx9bT2wmroEvKJPiJXuWSzbPAP LTC.
HAPPY TRADING :)
Comment:
We wont get passed 4400 resistance and might head back down to support line as long as bitcoin keeps going up
Comment:
1st target reached
Comment:
2nd target reached
Trade closed: target reached:
3rd target reached