Using POW EDGE for this idea.

Working Ethereum here on the 30M time frame.

We have the strategy set up to find potential buy and sell alerts.

Yesterday the current sell alert presented before a move to the down side.

After some accumulation in price structure and currently no sign of a buy signal we could continue to the down side further in my opinion.

I think if we see the last low point broken this could indicate a continuation further down.

Failing that we may see the script present an alert to buy if we do I’ll cover my thoughts on that in a seprate idea.

This is a trend following system and most of my ideas are usully working to fixed rules.

I have to appreciate not all of the TradingView community stick to a complete mechanical way of trading.

So I am sharing ideas showing how a mechanical trading system could be combined with chart analysis.

Thanks for looking at my idea
Darren 👍