We''ve just seen POWR enter the 88.6% fib line, i suspect this to be the bottom for POWR!
We can see POWR creating a falling wedge which is a bullish indicator, if we look at the 12 HR chart, we are seeing bullish divergence on the MACD and the RSI.
Now we sit and wait for volume to come through and let the bots do their thing
STOPLOSS: 3550 sats
Look at this shit, just banging that resistance line, being a turd..
potential inverse h&s, sitting above 50ema, macd crossing, rsi neutral
broke the short term resistance line
is this the end of the drop?
IE, i have no fkn idea what im talking about, u tell me
Potential break here out of the downtrend
will need to wait for confirmation of break on next candle before entering
MACD looking strong and RSI nicely forming with Bollingers