RSI bullish divergence delivering results. Breakout of wedge!
POWR has shown steady buying volume accompanied with large spikes throughout its retracement since 2017. After months of stabilisation around the 3.5 cents range - a very evident divergence on RSI (confirmed on all time frames) is now delivering the outcome that the books talk of. The falling wedge has played out perfectly, with breakout at the 90% region. Soon the algos will notice this and I expect a sharp spike in price. Price will need to retest the wedge, so you will find a buying opportunity there if you want to get in lower.
Fundamentally - POWR is kicking goals and has not stopped doing so since the float of its token. Multiple completed projects through the aus-Asia and pacific region, accompanied with a active and ever-growing team.
I'll be swinging this to my Target 3 - Approx 220%. I will re-assess, but will most likely remain in my position for an extended period. This is a gold hold.
Fundamentally - POWR is kicking goals and has not stopped doing so since the float of its token. Multiple completed projects through the aus-Asia and pacific region, accompanied with a active and ever-growing team.
I'll be swinging this to my Target 3 - Approx 220%. I will re-assess, but will most likely remain in my position for an extended period. This is a gold hold.