SoCr
Short

Bearish Fractal forming right now.

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.
You nailed it. I wonder how low it would go
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I think that it will go up in the next 12h...no reason for it to go far lower than this just becouse of CMC. It is just my opinion but still.
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SoCr ravnikarluka
@ravnikarluka, I was right =) it dropped to 9595. Thanks for commenting it is good to get feedback.
+1 Reply
Couldnt be more wrong! hehehe. Thanks for sharing though!
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SoCr Pheriannath
@Pheriannath, I was right =) it dropped to 9595. Thanks for commenting it is good to get feedback.
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@SoCr, Nice! I remember looking at your chart just after the breakout just HAD to comment. But yes, even though the fluctuations were larger, you nailed it !
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