powrusdt chart recappersonal analyses . a bit too risky.
so triangle is obvious.
you can see head and shoulders.
just monitor the volume and hopefully you can make a decision !
good luck
POWRUSDT trade ideas
POWRUSDT long against the trendLooks like POWR could be pushing back up.
On the shorter time frame it's just completed 12345abc cycle or a 1'st and 2'nd wave on the 2H or 4H time frames.
The purple dotted lines are some of the previous peaks that also looks good with some fib levels I played with.
If this next wave up is a 3'rd wave and a bigger than the 1'st there's a target and if the whole things plays out a new ATH will be the next target just south of the 1$.
All very optimistic!
Please draw your own lines and conclusions and feel free to let me know where I went wrong.
POWR can make a rebound with 35% to 60 %as we see correction is almost done
rebound can make a huge pump to 65 cents or retest 80 cents again
stop-loss if you want
below 47 rebuy again from 42
Good Luck
