I am short on POWRUSDT for the following reasons pointed out on the chart
1. rising wedge formed
2. decreased in volume with a corresponding increase in price (decrease in momentum)
3. we are in over bought region if BTC maintains it correction
note a financial advice
1. rising wedge formed
2. decreased in volume with a corresponding increase in price (decrease in momentum)
3. we are in over bought region if BTC maintains it correction
note a financial advice
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.