They quietly discuss preparing $POWER /USDT that the charts were hiding 👀
$POWER – "Long" trade
Trading plan:
Entry area: 0.094913 – 0.095949
Stop loss: 0.090456
Targets:
TP1: 0.099162
TP2: 0.101650
TP3: 0.105381
Why this setup?
The 4-hour timeframe signal is ready with high confidence (~95%) in favor of the bullish trend
The price is holding at the EMA average on the 1-hour timeframe (around 0.0954) within a tight daily range
The RSI indicator on the 15-minute chart is at 57.66, giving room for further upward movement before reaching the overbought area
A tight stop loss at 0.0905 defines the risk against a potential move towards the first target at 0.0992
Discussion:
Is this the start of a breakout from the range, or just another fake move (Fakeout)? 🤔
Start trading from here 👇