POWR - BUY SIGNAL Long

PowerLedger / BitcoinBittrex

Description

⋅ Apr 14, 2018 1:52 PM

POWR has completed accumulation and has broken out, forming a wedge on the 4H chart, looks to be testing the wedge resistance now and a breakout is possible. If we are rejected, we will bounce off the wedge support once more before breaking out.

POWR

Buy - 0.00004800-5250

Target 1: 0.00005700
Target 2: 0.00006100
Target 3: 0.00006600
Target 4: 0.00007900
Target 5: 0.00012000

Stop loss: 0.00004500

Trade active

⋅ Apr 18, 2018 2:13 PM

First target hit for a 19% gain!

Comment

⋅ Apr 22, 2018 10:43 AM

Second target hit for a 27% gain

Comment

⋅ May 7, 2018 10:25 AM

Third target hit for a 38% profit

Comments

darth_bitcoin

⋅ Apr 14, 2018 2:07 PM

@c_temujin, Could also be an ascending triangle. Also look at recent accumulation. At any rate I like the Risk/Reward