POWR just bounced off the rising uptrend.
First targets 8k - 9k depending on breaking out of the triangle.
Stop loss just under the rising uptrend. Stop loss can be adjusted each day.
First targets 8k - 9k depending on breaking out of the triangle.
Stop loss just under the rising uptrend. Stop loss can be adjusted each day.
Trade active:
First target hit already. Nice 10% gain.
Comment:
Looks like it has broken through the uptrend but is being held up by support. Good place to accumulate more.
Trade closed: stop reached:
Sorry guys this has hit my stop loss. I still think this is at a good level to bounce off support. It just can't compete with BTC at the moment.