Power
Don't be a Fool to Pass on $POWR Pump!I published a quite many "long" category charts at the moment, not because of bias, but because of it indeed the buy season!
POWR is as the ticker you might have a clue what project they are on. Yes, energy. Just like Elon Musk do with his solar city thing. Right now it have it's dominance on Australia and couple more in other country like Japan, Switzerland and North America.
POWR chart has experiencing a dead cat bounce already just like the others and have yet, experiencing it second bounce. Pretty much looking for the bottom of it on the green box area.
I'm confident with POWR will be back to it's price all time high, just considering the BTC value. This token have a great fundamental and not gonna denied, a great progress too.
Everything match my criteria and strategy, bullish on POWR.
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
$POWR, New Beginnings…
Weekly
Lookin at our trend timeframe we see price continuing to respect our downtrend, stochastic rsi showing momentum in favor of bears. Will be watching smaller timeframe for entry, possible lower low ahead.
Daily
Shifting over to our pattern timeframe we see price has found support at 2400, and is now testing our dynamic resistance. Stochastic RSI showing momentum in favor of bears, a rejection from this level and expect our price to sell off towards 2100. A daily close above 2600 activates our trade.
A trading opportunity to buy in POWERETHTechnical analysis:
. POWERLEDGER/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00062400 to 0.00055000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00062400)
Ending of entry zone (0.00055000)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00075400
TP2= @ 0.00088300
TP3= @ 0.00097400
TP4= @ 0.00115000
TP5= @ 0.00132700
TP6= @ 0.00157900
TP7= @ 0.00190000
TP8= Free
A trading opportunity to buy in POWERETHTechnical analysis:
. POWERLEDGER/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00062400 to 0.00055000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00062400)
Ending of entry zone (0.00055000)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00075400
TP2= @ 0.00088300
TP3= @ 0.00097400
TP4= @ 0.00115000
TP5= @ 0.00132700
TP6= @ 0.00157900
TP7= @ 0.00190000
TP8= Free
PWR - Power - Reversal in PlayLet's get right into it!
Indicators:
RSI at 40 and pointing up. Still slightly oversold but more buys going on.
T3-CCI - About to go positive, Green basically means green light to enter trade.
MACD about to cross up, momentum building.
My trading strategy as posted in my Discord group:
bit.ly
POWR on Bittrex or Binance
Buy up to 4500
T1: 4950 10% profit
T2: 5400 20% profit
Stop Loss : 3825
Rating : 4 out of 5 stars
Daily Volume: 419 BTC
HYPERBITCOINIZATION: dollar purchasing power down 94% since 1914Purchasing power ( PP -25.00% ) is a measure of strength of a currency. It represents a quantity of goods & services that can be bought by a unit of currency. Since 1914 the purchasing power of the US dollar -0.89% is down 96 %.
The calculation is simple. We take the consumer price index ( CPI 0.24% ) for the USA and divide every value by the value for our base year (1914), then multiply by 100 to get a percentage:
PP -25.00% = CPI_i / CPI_base * 100
The CPI 0.24% is itself a measure of economic strength and its rate of change forms the basis of inflation . From Wikipedia: "The CPI 0.24% is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically."
Since the introduction of a de facto system of free floating fiat currencies in the early 70s, the decline has been slow but persistent 3.66% . It looks very much like an asymptotic decay, where the value will go to zero over an infinite 2.39% amount of time. Inflation may effect the rate of decline, but it seems that the natural process in this case is decline.
PLUG Power, INC. Breakout potential, overlooked company.Lets keep it simple. With my non legal advice!
PLUG, recent partnership with Amazon would just be the start, as they have huge deals already with many other big names.
In the new era of investing, we seem to be leading towards the energy sector. PLUG has been creating cell power. This is extremely efficient then current battery options, especially for retailers such as Amazon, who plan to use this alternative source to power their forklifts for faster production and less downtime on the lifts (yes its actually a problem).
Among the many other uses for cell power, lets get to the point.
We have our wedge reaching its point of decision time. Breaking out seems inevitable, but maybe one more small pullback to the bottom of the wedge towards the 618 @ 1.75 area. A small selloff before earnings 8/8/2018 seems realistic before the breakout.
On the WEEKLY, with huge buy signals before march, to follow the WEEKLY squeeze for the last month.
We have the first DAILY positive momentum change since the beginning of June, approaching the end of the wedge.
The Ichimoku has been getting poked, and on smaller time frames like the 4 hour seems to be leaning towards bullish.
I labeled my buy zone in green, and for short term profits into the new year, sell targets around the 2.65 area. This may very well break out much further, but i like to take profits.
If wedge fails, ill look for support closer to 1$, but we can get to that if it happens.
Happy Trading, debating, and speculating. I want everyone to win!
Trade Recommendation: POWRBTCSignal for BINANCE: POWRBTC
New trading opportunity here:
Buy @ 0.00005148
Stop Loss @ 0.00004414 (-14.2%)
Take Profit @ 0.00006354 (23.4%)
Risk on the trade is 1%. Please let me know if anyone needs an explanation on how to calculate risk per trade using 3commas service.
To place take profit (TP), stop loss (SL) and Trailing I use 3commas services. Register and get 10$ on your trading account.
POWR - Trying It's Best to Break Out Above Heavy Resistance!!OK so after a short break spending some quality time with the wife and the little one (as well as working on my motorbike at nights) – I am back!
Let’s have a look at POWR vs BTC on the one hour log chart to see what we find!
POWR finally broke out of its three month down trend channel (dashed black line) around the 11th of April and has since been trading within a smaller ascending (uptrend) channel. At the moment we find ourselves at a critical point in our journey! As you can see we have some strong resistance above us in the red dashed line and although we have tried and tried to break to the upside of it over the past week; we have ultimately failed! Unless we break out by today's close with supporting volume, then we are likely going down. How far down? Well let’s take a look at our moving averages to see if they can give us a possible scenario…
We had a recent bullish crossover of the short term moving average (12 EMA) over the longer term moving average (26 EMA) on 14/04/2018; and since then we have been riding the support offered by the 12 EMA. Now with the heavy resistance looming directly above us, the support is barely holding. If we don’t break out by today’s close, then it is likely we will fall to test the support provided by the 26 EMA in Pink. If this doesn’t hold, then we next have the 50 EMA represented by the green dashed support line. Therefore, in terms of where we will drop to; I think the green dashed line is as far as it will go. Let’s take a look at our other technical indicators to see if they support this theory.
Aroon Up is below 50, whereas Aroon Down is around 7. At the moment this indicates that neither bulls nor bears have the edge – this can still go either way! If the Aroon Down is to increase above 50 and Aroon Up remains below 50, then bears definitely have the edge. Given neither bulls nor bears currently have an edge, then there would not be a lot of strength to the drop below the uptrend channel if this occurs. On the flip side however, if we do break out above the heavy resistance and we do not have the supporting volume required; then again we there will not be a lot of strength to the break out, and we will probably not find support above the red dashed resistance line (effectively this will be a false breakout).
RSI is at 58 and the MACD also have no momentum currently, further supporting the view that a drop at this stage is likely to take us to the next level of support at the 26 EMA; whereas a breakout above the resistance will be a false break out. Like I mentioned earlier however, if we do drop and both the 26 EMA fails and then the 50 EMA green dashed line also fails - then we are dropping further!
Volume gives me a positive indication that all the buyers over the last week are not going to want to sell so soon. A drop out of the uptrend channel is not going to scare them enough in to selling, although it may shake out a few loose hands. This again, supports the notion of a drop only as far as the 26 EMA or green dashed support line representing the 50 EMA before a bounce.
At the moment, this is a no trade zone for me. In order for me to go long, I would need to see a break above the red heavy resistance dashed line (with the all-important supporting volume!) which would likely take us all the way up to the 61.8% Fib where we are met with our next level of resistance. I will be looking for this break and once confirmed, going long.
Cheers
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We have some electrifying quarters and medium projection.
wepower.network
coinmarketcap.com
I think it's a good time to buy, the dice are laid...
POWER LEDGERBullish pattern Moving in triangle. beak out resistance line
Power Ledger’s will present in the start-up section.
From the 17th — 19th April, EventHorizon will bring together pioneers, experts and visionaries of both the energy and blockchain sectors in Berlin.
The event serves the best interests of all sectors attending with deep dive sessions to broaden the horizon and start-up pitches to experience the latest breakthroughs.
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Power PumpHey,
Here is my basic chart with power - it just retraced and I think it is going to push itself to test the resistance its following in the channel. Stop loss no lower than 4000 and the goal would be 5000 sats.
I aint your financial advisor just a homie tryna help on the down times.
Lets make these bitcoins
POWR Looking GoodHello,
POWR (Powerledger), seems to be at the end of the consolidation period, after a good bullish 5 wave impulse, we are nearing the end of the decision triangle that has been forming for 3 months. I expect an up from here.TP1 = 0.00048, TP2 = 0.000526, TP3 = 0.00063; SL = 0.000364. Great R/R ratio, good fundamentals.
Please note that the timeframes I'm using are 4h and up, so trades can take some time. Good luck.