I am thinking POWER is due for a small retrace which would open up a nice spot to buy in.
We've seen a triple touch at the highest high @ 5760 sats. RSI is oversold. I Could see it falling back to the 61.8 Fib retracement line where past market highs have been to before. If coins can be picked up on the 61.8 line and the market rises again to the resistance at 0.00 there could be a 10% trade to be made.
I wouldn't expect it to fall past the 61.8 but if concerned a stop loss could be placed at the 78.6% Fib.
This is just what im seeing and I like to do this to test myself and my TA ability. As always do your own research, this is not trading advice.
We've seen a triple touch at the highest high @ 5760 sats. RSI is oversold. I Could see it falling back to the 61.8 Fib retracement line where past market highs have been to before. If coins can be picked up on the 61.8 line and the market rises again to the resistance at 0.00 there could be a 10% trade to be made.
I wouldn't expect it to fall past the 61.8 but if concerned a stop loss could be placed at the 78.6% Fib.
This is just what im seeing and I like to do this to test myself and my TA ability. As always do your own research, this is not trading advice.