Power Ledger(POWR) Falling Wedge breakout! Many bullish signals!
Updated
POWRBTCPOWRBTCOn my telegram channel (t.me/LiuTrader) a POWR signal was sent yesterday at a range below the current price, so if you want to receive advance information please also follow me also on LiuTrader telegram.
Lets go!
1H Chart
POWR is breaking a falling wedge started in the middle of February and we can see many signs of strength in this breakup that bring us good expectations!
In addition to breaking the figure the price also broke above the 200MA and now comes using that as support, the 20MA has also crossed over the 200MA and the 50MA should do the same in the next few hours.
Ichimoku is totally bullish, price is above a green cloud that will also serve as support, chikou-span above the current price and Tenkan crossed over to Kijun.
Volume is growing perfectly, MACD on a beautiful uptrend and RSI holding well above 50.
Some information about other timeframes:
4H Chart
RSI crossed above 50.
MACD crossed above 0.
Increasing Volume.
20MA next to cross over to 200MA.
Preco broke up on 200MA.
1D Chart
Increasing volume
RSI crossing over 50.
MACD holding perfectly above 0.
The signal with detailed information will be sent in the comment below!
If you can please leave your like collaborating with my work!
God bless.
Trade active
NEW PowerLedger SIGNAL#POWR #POWRBTC (Binance)
Buy-Long: 2400-
Target:
1st: 2595
2nd: 2788
3rd: 2940
4th: 3270
SL: 2226
Trade closed: target reached
Target 1 reached 8% gainTrade active
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