Power
PowerLedger LongSubstantial project with real world demand and successful partnership trials already underway. Longing in the demand zone around 8600-8300 and holding until ~33000 (2.618 fib extension).
Great undervalued project at only 300m USD with a potential growth to >10B in coming years in the 10 trillion USD energy exchange market.
Entry: 8500 sats
Exit: 33000 sats
Stop Loss: 7780 sats
Powr ledger a solid pick for 90-152% profit potential.Hi guys,
heres a favourite of mine, a fellow aussie coin called powr :)
Power Ledger is an innovative way to manage power consumption, with their powr and sparkz mechanism.
Buy: 8650 - 9500 sats
Sell: 16450 - 17500, 21800 - 22800 sats.
This project won't really take off until mid to late 2018 q3-q4 area with an absolutely packed 2019.
Some Fundamentals:
The blokes at power ledger are in the finals at the Extreme Tech Challenge, meaning that a lot of developers and large companies, such as the sponsors of the event - Cisco, Samsung to name a few gain exposure to this great coin and great team.
Mind you Extreme Tech Challenge is led by the very famous Sir Richard Branson, who is a very influential and powerful man.
Dr. Green the cofounder and chair of powr ledger will be hosting a talk at the Inspiring Leader's Summit, again improving Powrs exposure to the community.
Powr's timeline look to be gradually completed over the course of the next year and year after.
Technicals:
To me, it looks like POWR has completed the first 5 waves of the first cycle and looks to be close to finishing the correction in the 2nd corrective cycle.
The Second wave had retraced perfectly down to the 0.618 levels and looks to be ready for the next leg up, starting the 3rd impulse wave, usually the longest and the greatest wave.
Using fib extensions we tentatively set a sell target at the 1.0 extension and at the 1.618 extension ratio for our second target.
Keep in mind this is a long term projection. It won't reach this in a few days or weeks (wait nvm, its crypto you never know), but do be patient :)
Im still new to this technical analysis stuff, still learning elliot waves and fibs. I welcome all critics. So go ahead and grill me :)
**Keep in mind the tether situation! It can and will bring the whole market down if it is a scam and thus my analysis and almost everybody elses analysis are redundant**
Overweight in Utilities & InfrastructureI like investing in utilities. More importantly I like investing in utilities with the type of infrastructure I consider to be a staple of domestic life. What do I mean?
Water Utilities ( CWT @ 1.61% Yield)
Waste Utilities ( WM @ 1.92% Yield)
Recycling Utilities ( RSG @ 2.02% Yield)
Power ( NRG @ 0.44%)
Why?
It certainly does make me feel good. Its easy to hold on to long term investments when you're rather certain you're doing the right thing (NRG is heavy renewables). We know pretty quickly that the suburban life of city dwellers is greatly dependent on the services which these types of companies provide. Anyone more familiar with these types of companies know that their services are typically maintained and required by small and large business alike, with residential subscriptions being the smaller portion. Cities, Housing developments, Contractors, Builders, Military, and Retail stores all utilize these services. Others do as well, but an exhaustive list would certainly take too long.
Why is the future brighter than the past?
The U.S. is amidst a budget constraint, and is fighting for every penny in order to stay open. Amongst the items up for discussion are Immigration, Border Protection, National Security, and certainly others are sneaking in as well. One item which has been on the docket for a long time and has met little debate.
Infrastructure Spending.
This is the item investors should be paying attention to. This market is pricing in more and more premium on Technology returns. Biomed's continue to be strong, and energy has been untrustworthy up to this point. The one area that continues to pump aggressive dividends, and is growing at an astounding rate, is municipal use utilities. Today we take a look at the chart of Waste Management (A waste water, trash collection, and recycling company) compared with FIW an ETF made up of Water Utilities, and measure their performance vs. the S&P 500. The results certainly warrant a look at the "boring" "safe" "low return" investment in these sectors.
Longs must maintain Discipline.
While I am bullish on this industry, and I do believe these sectors offer great protection from corrections in the current market - I also must exercise caution. A pullback makes complete sense. From a technical standpoint we can see the WM and FIW cycle has pullbacks that retrace to the previous fractal, before extending to touch. I doubt that pattern will break here. We also see that we are moving towards a fibonacci resistance arc. It's only a matter of time before WM (and FIW for that matter) touch resistance. Why is this important? This is important because we must maintain our discipline. We must remember to rebalance our portfolio. We should be slowly selling off and taking gains, and if you're like me - waiting for the pullback. I typically like to do so after getting dividends (these stocks are great dividend payers) and so you will need to do some fundamental analysis on your portfolio's balance in that regard.
Recommendation: Set a series of trailing stops. One for 10%, another for 40% and finally 50% of your position. The idea being to exit in waves in case of corrections of varying scales. Perhaps 10% on a 5% retrace. 40% on a 20% retrace. 50% on a 35% retrace. This can protect your investment, and help you slowly exit from a product. It keeps you nimble, and can help re-balance your portfolio.
HOMEWORK IDEA:
When rebalancing take a look at reinvesting a portion into the same sector albeit, in another market.
Research VEOEY, a European company which ALSO participates in the US Domestic market, and meets many of the criteria of these other securities. By doing this, you will slowly diversify your portfolio into more markets as you continue to build a robust investment in a sector.
Thanks for reading!
ADA CARDANO/BTC STAIR STEP PATTERN AND ACCUMULATING POWER
So many expectations in this altcoin that could be placed nothing more or nothing less than in the fifth place in the Coinmarketcap ranking.
After having three excellent pumps followed by a period of consolidation when days after having a recession of almost 100% of the last pump remaining flat but consolidating in the shadows, forgotten.
This is the moment when ADA / Caradano needs more than ever back its volume, its people and interest.
Target levels to achieve:
PT1, 2 and 3
And it's just the beginning.
Let's really put Cardano in the 5th place. and let's be clear how many of us who believe in this currency.
How always thanks for the amount of followers that grows every day, likes, thanks for good calls, that fills me with pride to make charts to share with you and with these results.
You can follow me on the steemit channel:
steemit.com
I wait for you and thank you for your time!
More data:
www.cardanohub.org
cardanofoundation.org
coinmarketcap.com
News:
cryptopanic.com
QRL LONG Buy (1250%+ Earnings Potential)Another opportunity, Quantum Resistant Ledger (QRL).
Buy-in: 0.00007000 - 0.00009300
Stop-loss: 0.00005989
Forget about the stop loss, this only needs to be looked at, ever, if the coin is crashing down, when we are trending UP, please, focus on PROFITS, focus on the targets.
We are here TO MAKE MONEY, not to STOP LOSS.
Target:
(1) 0.000155
(2) 0.000183
(3) 0.000262
(4) 0.000378
(5) 0.000607
(6) 0.000710
(7) New ATH
Indicators:
- All bullish indicators are on the chart.
- Main strategy: BUY LOW, SELL HIGH (It works)
Remember something simple, when you enter one of my trades.
There are only two possible options, and three possible steps.
The two options you have are the following:
1) Sell for profit
2) Sell for a loss
YOU CHOOSE
The three steps are:
1) Buy
2) Hold
3) Sell
IT DOESN'T GET ANY EASIER THAN THAT.
There isn't anything that can be done.
This is the easiest business in the world.
Wow my god, who knew trading was so easy, let me try again.
I buy, then wait and then sell.
That's it.
"Ok, I understand Alan, let's move on. I already bought my coins, I am on the second step stop, you keep on telling... TO JUST HOLD".
Of course, until the time to SELL for profit, comes!
Namaste.
* Trade active @ 0.00007883
PowerLedger Price Projections! We can expect to see Power Ledger continue the increase that is currently going on. This coin has a lot of potential for growth in the upcoming months, especially in 2018 comma I would consider this quite a long-term hold unless you are trading it for the short term or medium term you can still carrying a nice profit full stop if the price breaks the resistance line it is likely that will see a continuous trend upwards towards the target ( indicated by the green line).
Orange - Resistance.
Pink - Support.
As always trade the lines accordingly.
POWR 1H Timeframe Chart 14 December 2017And there we have POWR, one of my favourites.
It's currently almost breaking out of the triangle, possibly running to a next leg, which has resistance around 6000 satoshi, as this is the earlier support level.
Key facts for this are some rumours regarding partnerships, also RSI is turning up, it's above the EMA's and MACD stays positive as well.
If it can't break out, it will probably fall down again to around 3800 sats.
GBPUSD: Flag-Power predicted FOMC outcome yesterdayGBPUSD Update Flag-Power: 2 strikes on lower parallel = Hot
Sterling stood up well yesterday: the flag was telling us way in advance of the FOMC meeting today. Up from 1.3304-1.3312 entry levels it's up about 100 pips so far out of the 500 pips minimum upside target here, at 1.380 and higher.
Look to buy dips here with a near term upside target at 1.3502/the upper parallel and close out on the first strike.
Buy back from 40 pips lower down and potentially from 1.3456 at lowest before it rallies again.
Once the upper parallel is broken at 1.3500 it should rally very well, to 1.380 minimum and higher still over the medium term. The pattern shows the market hasn't really got a clue what's going to happen here yet. Time, as always, will tell us whether the chart is right over the medium term, or the market.
Power Trading Idea #Power Is on strong support right now. Possibly #Power will stay here for next #LegUp. 0.000050 sat can be a safe buying but If you would like to wait a bit for better position that will be exceptional.
#Power is a finalist in the 2017 Talent Unleashed Awards judged by Steve Wozniak and Richard Branson this is displaying how #DevGroup are skilled in the back of the assignment.
POWRBTC - watch out for the BREAK OUT!Although its very tough to predict from chart when the data is barely few days older and you dont have much of a history.
However, POWR is presenting an interesting structure with more potential on the upside and limited downside.
POWR has been resting at the same level against BTC for almost 5 days now, thats generally a sign of next big move on either side. Our job is to best guess, which side that would be!
The triangle with a pretty firm support is a good level to buy for aggressive traders (current level is almost the support level). However, conservative traders can wait for the clear breakout candle (with above average volume) above triangle resistance line.
Fib Extensions are the targets in this trade, I expect a lot of mini trades within this structure in days to come.
Treat green line as an ultimate stoploss, below that on closing basis, I see the pair falling towards 2800 level.
Happy trading :)