Power is setting up nicely for a run after recently reversing to an uptrend after wave 5 of the previous run. It looks like we are currently forming a cup and handle. Target points will be the fib line targets.
Target 1: .00005973
Target 2: .00007010
Target 3: .00007995
Target 4: .00009447
Target 5: .00011268
This is not financial advice and I am a noob so proceed with caution :-)
Target 1: .00005973
Target 2: .00007010
Target 3: .00007995
Target 4: .00009447
Target 5: .00011268
This is not financial advice and I am a noob so proceed with caution :-)
Note
I apologize, my divergence lines on the MACD and RSI ended up a little wonky as I changed the time frame and didn't realize the lines until after the fact. That being said, they are still Bullish!Note
Recently broke out of a triangle... Hopefully next step is getting past resistance around the .00004 levelNote
Resistance at around the .000047-.00005 level not .00004Note
Bitcoin decided to make a little run last night stalling our effort to break above .000049. We are now looking to break resistance at around .00039. I am hoping we break out of the triangle within the next couple of hours. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.