We can expect a breakout soon which will kick off the 5th Elliot wave. I have tried my best to use the Fib extension and Elliot waves to assume that the 5th wave could go above the 1.618 Fib levels considering the 3rd wave was bigger than the 1st wave (> 1:1). I would really appreciate the inputs of people who are more experienced in analysing charts.
If you followed my last chart you would have caught the dip at 8820 perfectly If you are still waiting to buy in wait for the breakout of the blue cloud for a buy signal but it might not breakout so wait last chart: Tips are appreciated ETH: 0x4d5668cA43E1dCAA0D2FBf428b55161262feFBc1
These fresh coins always have great Elliott Wave sequences. Expect this 5th wave to get very very volatile
POWR is building a nice looking symmetrical triangle. Decision time soon. RSI is strong. Stoch supports upwards movement. Waiting for the price to close above the trigger with volume. Chikou span cross would be a great sign as well. On the flip side, this is still a very new coin and could just as easily tank. PM me for entries, targets, and custom charts.
POWR looks like a nice stabilized investment now, so here are some opportunities.
target: plusminus 0.000014
Power Ledger Ascending Triangle pattern.