padawan_trader1

Trending to acending!

Short
BITTREX:POWRBTC   PowerLedger / Bitcoin
As far as i can tell POWR is forming a small ascending trend-line where it will continue upwards and push against resistance on the 50% fib. I suspect it will push past it hit some solid resistance as indicated by the zone around 38% fib.

Support seems strong.
Upward trend has started.
Bollinger Bands have tightened and we are crossed the middle.
RSI has plenty of room to move upward before being oversold
MACD are still separated but do concern me a little as they indicate moving closer together..
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