POWR is respecting the short term downward trend and is forming into a falling wedge. Coming down to the lowest level it has been for quite some time, I have a buy zone of around 3000 satoshi just above a strong weekly level of support. Once we reach this level I will be watching very closely for potential long positions.
Some potentially huge gains to be made in the mid to long term hold timeframe.
Some potentially huge gains to be made in the mid to long term hold timeframe.
Comment:
Not quite into my buy zone yet but POWR has held up well against this recent BTC down move. Not sure if it will continue down into my buy zone or hold up here creating a double bottom but i am watching this closely for the best possible entry.