REASONS TO HOLD POWR
1. W frame MACD is in the positive area
2. The price has broken the bearish structure with wave I, currently wave V is accumulating, correcting, preparing for wave N to reach the $0.8-1 range.
3. The RSI strength index is above 50, showing that the Bulls are excitedly preparing to push the price
4. Current trend (Trend) is increasing
Conclusion: swing the Powr trend depending on the situation
*** Focus on the risks, not the rewards.
Cut your losses and control your risk. Remember about risk management and never ignore it.
1. W frame MACD is in the positive area
2. The price has broken the bearish structure with wave I, currently wave V is accumulating, correcting, preparing for wave N to reach the $0.8-1 range.
3. The RSI strength index is above 50, showing that the Bulls are excitedly preparing to push the price
4. Current trend (Trend) is increasing
Conclusion: swing the Powr trend depending on the situation
*** Focus on the risks, not the rewards.
Cut your losses and control your risk. Remember about risk management and never ignore it.