On the downward chart is the “saucer figure”.
Growth goals and where to put Stop Loss in case of non-confirmation the formation of a figure on the chart.
1) Descent of the price. It is characterized by a gradual slowdown in movement and falling prices;
2) Bottom - the bottom point of prices on the chart. It should be located on a gentle bottom (smooth bottom, without peaks). The center of the figure.
3) Ascending prices. Ideally, the graph is symmetrical to the descent. It is characterized by a gradual acceleration in price growth. When climbing the price, be sure to increase the indicators (to confirm the formation of the figure). The time of formation of the climb is usually equal to the time of the descent of the price or a little more.
In a POWR coin, a similar formation is possibly formed.