PowerLedger / BitcoinUpdated PowedLedger short term trade
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.Note
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.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.