POWER Bullish Uptrend

Strong bullish momentum building on POWER. There has been good movement on this coin for the past few weeks, however there seems to be strong resistance between 3200-3300 level range. The resistance has existed since about September last year. For the breakout to occur this resistance needs to be broken. A bullish triangle wedge is building for the short term and is like highly likely to go up. Stoich RSI and RSI levels are neutral. Good time for a long trade. Targets to take profits are 2700, 2900, 2950 levels. Stop loss should be around 2350.
Chart PatternsTechnical IndicatorsWave Analysis

Disclaimer