CryptoMichNL

Powerledger 29 December 2017

BITTREX:POWRBTC   PowerLedger / Bitcoin
$POWR Potential breakout happening right now! But.. RSI is in pretty high zone, so we might see a drop down as well.
Scenario 1: Breakout, retest of support line and then straight to 1st target zone around 8K sats.

Scenario 2: Can't breakout, in that case we'll drop back to the top green box and try again.

Scenario 3: Can't breakout in both cases, then we'll fall back to 5500 zone and try again in the new year.

Good luck trading! If we can't make the breakouts, put your stop/loss just below the green boxes.

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