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Tadej
Dec 13, 2017 5:13 PM

POWR breaking up Long

PowerLedger / BitcoinBittrex

Description

Slowly breaking up the resistance. Still waiting for volume confirmation.

Targets 4769 and 6110 sat (potential cloud edge to edge trade, 7195 sat - a bit unreliable since there is not much data available for Ichimoku, but 0.5 fib is also at that level).

Comment

We got some volume confirmation but hitting resistance around 4800sat. Waiting for price to enter the cloud.

Comment

Touched the cloud again where it got rejected. Strong pullback with low volume.

Trade active

Penetrated the cloud

Trade closed manually

First target reached, sold part of my position.

Trade closed: target reached

First target reached, sold part of my position.

Trade closed: target reached

Second target reached, sold part of my position.
Comments
Tornado_Trading
is this trade still valid, now that we've pulled back again.
Tadej
@Blurg, I think it is valid since we didn't go bellow supply zone. I'm waiting to open the trade once price gets into the cloud.
caitkeller
Will you verify when we have volume confirmation?
Tadej
@caitkeller, I'm in trade already, bought some extra inside supply zone for long term holding (heard a lot of hype around this coin). I will confirm, hopefully I'll be around if/when it happens.
sirgeorge
@Tadej, Thank you! Keep us updated please!
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