POWER Analysis (2H)

Before anything else, you should know that this cryptocurrency is a bit volatile and risky, so make sure to manage your risk.

From the point where we placed the green arrow on the chart, it seems that this crypto has formed a diametric pattern. It appears that POWER is in a bullish diametric, currently at wave D or E.

To ride the bullish waves, you can enter a buy/long position at the points we have identified for entry. We have marked two entry points, and you should enter the position using DCA (Dollar-Cost Averaging).

The targets are indicated on the chart.

A daily candle closing below the invalidation level will invalidate this analysis.

If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.

This is not a trade setup, as it has no precise stop-loss, stop, or target. I do not publish my trade setups here.