dotMorse

POWR:BTC Short term trade. Resistance hit. Only way is up...

Long
dotMorse Updated   
BINANCE:POWRBTC   Power Ledger / Bitcoin
We have hit a firm resistance level that has been holding steady. A gradual and marginal uptrend has been started and with an increase in volume this will start to pick up.

I recommend the following trade targets. There will undoubtedly be some small retraces at each but it is a chance to re-buy at the dip for the next run. This coin has the ability to have quick gains once it get traction

Buy in - 0.00010800

Take profit 12116 (Approx 12%)
Take profit 13192 (Approx 22%)
Take profit 15132 (Approx 40%)

I cannot tell the future, just read the charts, and if this has a certain amount of guess work

dot
Comment:
Or down..... short term blip
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.