Power Ledger found a strong support at 5000 satoshis but is right now in an up trend forming a rising wedge. If the trend continuing we will see a run to 1000 satoshis with the first target and 1000 satoshis and a second target at around 1200 satoshis. Which makes a Risk/Reward ratio of 3.3 of the current pricing.
If Power Ledger cannot follow the rising trend we will see a break down to privious support levels at around 5000 satoshis. So set a stop lose at 5000 satoshis.
If Power Ledger cannot follow the rising trend we will see a break down to privious support levels at around 5000 satoshis. So set a stop lose at 5000 satoshis.