POWER Bullish Uptrend

4 Mar 2019

Strong bullish momentum building on POWER. There has been good movement on this coin for the past few weeks, however there seems to be strong resistance between 3200-3300 level range. The resistance has existed since about September last year. For the breakout to occur this resistance needs to be broken. A bullish triangle wedge is building for the short term and is like highly likely to go up. Stoich RSI and RSI levels are neutral. Good time for a long trade. Targets to take profits are 2700, 2900, 2950 levels. Stop loss should be around 2350.