Hi friends, hope you are well and welcome to the new update on Powerledger (POWR)
Big channel:
On a weekly time frame, price action is moving in an up channel . Recently Powr has also tested the support of weekly EMA 21 and bounced well. There is a $70 resistance, if the priceline of POWER breaks out this resistance then the next move can be at least up to the resistance of this channel.
Broke out wedge:
On a 4-hr time frame, POWER has broken out a falling wedge pattern.
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You can also support my work at Patreon for more ideas:
https://www.patreon.com/moon333
In order to play and watch the current performance of the chart you need at least a free account on tradingview:
https://www.tradingview.com/gopro/?share_your_love=moon333
KuCoin is one of the best exchange to find crypto gems:
https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3
Link for Binance exchange, to trade crypto:
https://www.binance.com/?ref=11256882
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
▶️ 3Speak
