CryptoVincenzo
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since Jan 3, 2018
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btc
btcusd
btcusdt
cardano
chartpattern
crypto
cryptocurrency
fibonnacci
indicator
powr
powrbtc
trendanalysis
trx
waveanalysis
xvg
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POWR had a pretty big retracement after the first wave. RSI is making higher highs and the OBV is also turning bullish. Bollinger Bands are also squeezing down meaning we should break out soon. I entered around 4200 sats.
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Cardano seems to be breaking out of a downtrend. Volume starting to pickup also. Wave 2 retraced to the 0.5 fib level of wave 1. I have a more conservative outlook and am expecting between a 1.0 - 1.61 fib extension for wave 3.
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