POWR looking for a breakout
On the long term we are looking at the black longterm bullish pennant.
We slighlty crossed it and created a new darkblue triangle, which we have crossed recently too.
Currently we are in the moon-blue triangle and the breakout could happen soon.
Furthermore we have a strong orange supportline.
Overall we are aiming for a conservative target nearby 9000 sat.
We slighlty crossed it and created a new darkblue triangle, which we have crossed recently too.
Currently we are in the moon-blue triangle and the breakout could happen soon.
Furthermore we have a strong orange supportline.
Overall we are aiming for a conservative target nearby 9000 sat.
Comentarios:
Apperently the Bitcoin spike destroyed our triangle patterns.
Nevertheless we get a new bigger orange bullish Pennant.
The Bollinger Band is contracting and the RSI shows a slighty upmovement.
Due to the strong supportline we get an high likelyhood for an upward breakout.
Apperently the Bitcoin spike destroyed our triangle patterns.
Nevertheless we get a new bigger orange bullish Pennant.
The Bollinger Band is contracting and the RSI shows a slighty upmovement.
Due to the strong supportline we get an high likelyhood for an upward breakout.
As exspected, we broke off the blue-moon triangle with a high volume.
And again we created another triangle to be broke off soon.