SoCr

Bearish Fractal forming right now.

Short
SoCr Updated   
BITTREX:POWRBTC   PowerLedger / Bitcoin
There is almost complete symmetry on my trendlines on the 1hr view. Bearish fractal has formed. Price has dropped below the 50MA. RSI and today's trend line signal a reversal to a bear market.
Comment:
Trend is reversing to bearish. Most likely due to the news that Power Ledger has made it into the final 3 companies in Sir Richard Branson's XTC competition. The other 2 finalists are weak compared to the world-changing possibilities of Power Ledger. I predict POWR to win this competition.
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