POWR/USD - Potential to break 20 months of resistance!!
Always looking for opportunities when the markets are so bullish and this is worth keeping an eye on.
Although Power Ledger has seen gains since it's March low it hasn't seen the % gains of other projects.
(Could be good reasoning as to why- so always DYOR!)
Chart wise though if it breaks this upcoming level we could see significant gains in the coming weeks.
I'll be looking for a daily close above rather than the spikes which have been religiously rejected for the past 18 months.
Alternately it gets rejected again and may create a low entry price but in all honesty a rejection would indicate sideways for time to come and I don't do sideways.
As always, not financial advice.
Just my thoughts and TA.
Feedback Welcomed.
Bingaz.
Although Power Ledger has seen gains since it's March low it hasn't seen the % gains of other projects.
(Could be good reasoning as to why- so always DYOR!)
Chart wise though if it breaks this upcoming level we could see significant gains in the coming weeks.
I'll be looking for a daily close above rather than the spikes which have been religiously rejected for the past 18 months.
Alternately it gets rejected again and may create a low entry price but in all honesty a rejection would indicate sideways for time to come and I don't do sideways.
As always, not financial advice.
Just my thoughts and TA.
Feedback Welcomed.
Bingaz.
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