$Powr - Riding the 1 Day Trendline
Updated
it's probably too early to tell, but from the looks of it. Power will begin it's consolidation on the 1 day support trendline.
Resistances are marked in the chart.
Candles have been testing the EMA 55 and the EMA 20 continues to ride above the candles. Expecting a reversal trend within the next couple of days.
IF the 1 day trendline fails, Expect to see Powr head down to 5000 sats.
I'm going long on Powr accumulating as much as I can.
Good luck and happy trading.
Resistances are marked in the chart.
Candles have been testing the EMA 55 and the EMA 20 continues to ride above the candles. Expecting a reversal trend within the next couple of days.
IF the 1 day trendline fails, Expect to see Powr head down to 5000 sats.
I'm going long on Powr accumulating as much as I can.
Good luck and happy trading.
Comment
update: added the horizontal supports below
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