It seems that price action really like to retrace between fib 61.8 and 78.6 from a top and bottom.
I see powrbtc moving in a sideway channel inside a bigger uptrend channel. Price action rejected resistance at 11700 and is going to support at 8060. I see a triangle forming at the blue dot, and that's where I will look to add to my position if the support hold.
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I see powrbtc moving in a sideway channel inside a bigger uptrend channel. Price action rejected resistance at 11700 and is going to support at 8060. I see a triangle forming at the blue dot, and that's where I will look to add to my position if the support hold.