Coin name: Power Ledger
Ticker: Powr
Pair: Powr/BTC
Exchange: Binance
Set up:
Long entry from 1058 sats to 958 sats(approx 11% buy zone)
Stop loss : 888 sats
Targets: 1400 sats and 2200 sats
Technical Analysis:
Powr is forming a nice and massive cup and handle formation on the daily chart.
Looks primed as it has completed the handle pattern and is now consolidating under resistance awaiting breakout.
We can also see that 950 sats support is holding quite nicely whenever tested.
Ticker: Powr
Pair: Powr/BTC
Exchange: Binance
Set up:
Long entry from 1058 sats to 958 sats(approx 11% buy zone)
Stop loss : 888 sats
Targets: 1400 sats and 2200 sats
Technical Analysis:
Powr is forming a nice and massive cup and handle formation on the daily chart.
Looks primed as it has completed the handle pattern and is now consolidating under resistance awaiting breakout.
We can also see that 950 sats support is holding quite nicely whenever tested.