Currency $POWER trading notice 💹
Choppy trading—suggested
Entry range: 0.08338-0.08438
Stop loss: 0.08287
Targets: 0.08493, 0.08577, 0.08682
Technical analysis: With this POWER chart, it’s really like an “electrotherapy” market. The 0.08388 price is like it’s showing an ECG monitor. The EMA cross is as blurry as my memory from last night. RSI is 48.5—barely alive, neutral but slightly weak. Plainly speaking: there’s no courage to break out, and no determination to dump; it’s just pure grinding and torment. If the stop loss is hit at 0.082874—those who know know—this is a life-saver line, not a departure line. Once it breaks, don’t be stubborn about averaging down; most likely it’ll keep creeping lower. Chasing long or short right now is just handing over fees. Better to grab a small seat and watch it perform—wait until it exits the constipation-like range of 0.083-0.085 before deciding.
If you absolutely must trade: reduce your position size to a mosquito-leg, and don’t end up getting shaken out so thoroughly in the volatility that there’s nothing left.
Suggested stop-loss level: 0.082874. Please adjust your position size according to your own risk tolerance
#POWER
Choppy trading—suggested
Entry range: 0.08338-0.08438
Stop loss: 0.08287
Targets: 0.08493, 0.08577, 0.08682
Technical analysis: With this POWER chart, it’s really like an “electrotherapy” market. The 0.08388 price is like it’s showing an ECG monitor. The EMA cross is as blurry as my memory from last night. RSI is 48.5—barely alive, neutral but slightly weak. Plainly speaking: there’s no courage to break out, and no determination to dump; it’s just pure grinding and torment. If the stop loss is hit at 0.082874—those who know know—this is a life-saver line, not a departure line. Once it breaks, don’t be stubborn about averaging down; most likely it’ll keep creeping lower. Chasing long or short right now is just handing over fees. Better to grab a small seat and watch it perform—wait until it exits the constipation-like range of 0.083-0.085 before deciding.
If you absolutely must trade: reduce your position size to a mosquito-leg, and don’t end up getting shaken out so thoroughly in the volatility that there’s nothing left.
Suggested stop-loss level: 0.082874. Please adjust your position size according to your own risk tolerance
#POWER