Power Ledger (POWR) Retrace Incoming

BINANCE:POWRBTC   Power Ledger / Bitcoin
The candlesticks and Bollinger Bands are showing signals of a coming retrace.

Power Ledger had a massive take off today and reached all the way up to 0.00005786. A retrace is coming which is normal after breaking through several resistance levels.

You can expect the 0.000039000 - 0.00004200 level to work as support.

This is just a friendly notice.

Note: This is an educational post. This is no trading advice. Check my Power Ledger (POWR) long term trade for additional information (targets and other trade details).

Thanks a lot for reading.


Jun 30
Comment: You can find my POWR long term trade by clicking on the image below:

Jun 30
Comment: We are retracing as expected...
Jul 03
Comment: POWR is getting ready to move.
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it got down a bit, you think it still a good buy now?
@crypje, Yes, you can buy now and wait for the next target to be hit.
+1 Reply
crypje alanmasters
@alanmasters, thanks for your answer:)
Do you think we can expect a similar size pump up as seen around the 30th June?
@Walshy1, Not necessarily the same size but still a nice jump.
+1 Reply
Walshy1 alanmasters
@alanmasters, Thanks for replying and your input :)
It looks like we’re ready for that next leg up?
+1 Reply
@dezorock1, Yes, we are getting ready.
+2 Reply
How do you think this retracement is travelling so far?
kdotx3 alexkostoff
@alexkostoff, looking like might double top around 5200 satts, considering theres no fundamental news behind this crazy surge, price will retrace again. @alanmasters your opinion?
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