Powerledger
$POWR $POWR.X - Power has Power?Going in on PowerLedger see what we can make here:
Bullish Signals:
On the 4 Hour we hve a strong uptrend support on the 10 period MA which matches on the Daily as well
RSI is above 50 and Stoch is still showing a decent bullish trend on multiple time frames.
The Weekly Stock Blue line is crossing the red which is a good long term trend signal.
Bittrex order book buy orders exceeed sell orders.
Only issue i have is rhe RSI is not that strong so this is a riskier trade and may take longer to see a gain. I always again aim for 2-5% at least, will hold longer if the bullish trend starts to end.
PowerLedger (POWR) Falling Wedge: 400% Profits PotentialI first traded PowerLedger (POWR) last year, it was a very nice, profitable and fun ride. After sharing this coin on December 12th, its price shot up massively and increased almost 5x. After an incredible bull run, great profits generated, POWR, like all other coins went on a retrace. A hard and long retrace which can be clearly seen on the daily chart above...
### PowerLedger (POWR) Trade Analysis by Alan Masters
SIGNALS AND INDICATORS
- "Falling wedge" pattern, which is a bullish formation.
- Orange circles, marks the bottom from early December. After this bottom was reached, a strong breakout happened and POWR went on a very strong bull run. Now, we've touched this bottom again and POWR has responded strong.
- We went almost on a full retrace from the last all time high and you can see the accumulation happening on the daily chart based on the positive divergence that can be seen on the MACD. Which is another very bullish signal.
- MACD and RSI are trending upwards. Trending up with plenty of room for growth.
- Low volume allows for more growth as well.
- These are just some basic signals, but they all look very positive.
- The weekly chart is very young but it also allows room for growth and it is calling for some positive action.
Now let's move to the details on how to trade this coin...
TRADE INSTRUCTIONS
Buy-in: 0.00004250 - 0.00005280
The above buy in is set for long term traders. It is useful with the long term targets that you will see below.
We set the bottom for PowerLedger (POWR) at 0.00003650 on 18th March, from which point we bounced and started to trend up. If we break below the above buy-in, you can wait again for the bottom to be re-tested and later buy in. You can also buy in and hold long, as we have already bounced strong from bottom and we are trending up.
PowerLedger (POWR) Targets:
LONG
(1) 0.00006143
(2) 0.00007683
(3) 0.00010173
(4) 0.00011953
(5) 0.00014213
(6) 0.00020743 (New All Time High)
MEDIUM
(1) 0.00005961
(2) 0.00007381
(3) 0.00008401
(4) 0.00009691
Use these prices above as reference to sell some of your coins for profit. We are likely to face resistance each time one of these price level is reached, which is followed by a retrace. You can sell at these prices and buy back lower, or simply sell to secure profits. You can get our "How To Sell The Targets" article for additional information on how to maximize profits when selling the targets.
Stop-loss: No stop loss is needed here since this is a long term trade. The long term potential of this coin is obvious, based on the chart signals and analysis mentioned.
You can use a stop loss of 0.000041 if you are a tight trader looking for short term. If the price breaks below this level, you can pull out expecting to buy back in lower. At this time, with the huge potential ahead, this is a good buy & hold.
Other trades are not going to be this detailed for every point, but I am sharing in order to remind ourselves the different options we have when trading these coins. But this is all pretty simple. Buy low to sell high. Buy and hold. Patience is the key.
### Message: We Keep On Growing - We Keep The Growth
As I grow, every single day...
I get the feeling of passion, other people with love and spirit, interacting with me in many ways.
As I keep on growing, which we all do; daily anyways, more challenges keep on coming, more lessons need to be learned.
So the challenge continues and live goes on. The appreciation of the experience is unique, each time it becomes better, more meaningful, stronger... as long as WE KEEP THE GROWTH!
Namaste.
$POWERLEDGER Fractal AnalysisWelcome Back My Fellow Apostles!
Today the coin of discussion is the mighty PowerLedger.
As the harsh bear market drags on more and more crypto's are beginning to provide low risk set ups.
If you take a look at this chart of POWR, we can very clearly see a repeating fractal pattern playing out inside the market.
Taking a look at the first fractal we see a breakout, followed by a hype cycle, and completed by and ABC retrace back to the trend line.
Now, if we take a closer look at the current fractal playing out, we can see that the resemblance is near identical to the first.
Once prices broke out of descending resistance, we see a new hype cycle start in its place.
This new Hype Cycle is then followed by a long and slow ABC retrace back to the original trend line.
As of right now, we had our first tell tell signs that another Hype Cycle will proceed the previous two with the breakout we just witnessed.
Buying the original trend line is always the best risk to reward when it comes to these altcoins because they tend to retrace drastically.
With this current breakout I see a new market cycle starting, followed by a new Hype Cycle.
As always, Have a very blessed day!
It's been prophesied ;)
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.
Strong Support power btc must Buy (power btc price analysis)hi friends
as we can see the similar pattern forming in power btc chart its bounce so many time from that 3800-4000 sats support level now we can see that support is attracting buyers and this can be a good entry level
entry lever 4000-40100
take profit 4400 sats
Good Luck
No Time to day trade? Here's A 300%+ ROI gift for you!This trade won't fail, POWR is a great product and long standing. This will day dividends at each target and overall comfortably achieve a 300% + ROI. Read until the end for real return....
Forget the banks mutual funds, or high interest bearing accounts this will top them all and just as secure in my opinion, exchange your 3-7% for 300%+
Ok so let's quickly look at it's history it's gone up 350% in just 15 days (shows on 1 day chart below) and has now been on a downward trend since New Years day. Would be a horrible gift if you bought it then, but now we have found the bottom and have moved into consolidation.
Consolidation can go for days, weeks, who knows even a month before we break out. We don't care about this as we are signing up to this trade for a 300% profit in the year of 2018, we will get what we sign up for this is the important thing.
Many traders don't have the time to get onto daily buy signals or day trades and profit yet they love crypto, believe in it and see people becoming filthy rich from it. Well here is a trade for those of you that don't have time to look at a screen, I have many family and friends that this trade is specifically suited for.
Trade instructions are simple, buy in the blue box which is entry zone and hold long. How Long? Well after the BTC stabilises this trade could develop and hit targets in under 60 days. I am not personally buying into the trade to expect a 60 day 300% ROI.... I am buying into this trade to get paid 300% before xmas when the results are delivered earlier it's just a bonus.
You will very rarely see a long trade placed by me if you follow as I don't enjoy investing long in markets with high volatility however POWR is undervalued it's a great product and it will return to old levels. This trade is not trying to set new All Time Highs, we will actually sell before then as 300% is enough.
This trade might take off sooner then you expect as we are looking very bullish now, you will notice the 20 and 50 EMA are going to be turning below the price point in the next coming days. The RSI is increased and trending nicely, all signals for a breakout.
However this trade is for those of you that don't want to be rushed and invest long, it's like the Allianz Mutual fund of Crypto in my opinion safe and certain.
How to trade this coin..... I will be putting in 2BTC and at each target I will draw down my capital back to 2BTC. So at each target I will collect all profits but I will always leave my initial principle in the trade until final target. Choice is yours you can follow this method or compound your money for maximum ROI.
Please see 1 day chart below with targets, this trade won't be updated until targets are reached, it's a long hold so to get to the target if we have gone up down, sideways we don't care, we only need to look at screen when we hit each dividend pay out.
Targets are the green lines, whatever happens in this trade it's a long hold that will hit targets, when I update this trade next it will be telling you it's broken out, then i will only update on each target.
Remember your investing Bitcoin...... you will make 3 times your bitcoin put 1 bitcoin in pull 3 out. (300%) When we hit targets what will bitcoin be worth? This may produce 1000% ROI+ based off your capital gains on the Bitcoin.
Power Ledger #POWR RSI oversoldCoin hasn't been around long enough to confirm real support/resistances, or at least numbers I am confident spitting out.
It may catch support at 5k, 4.5k or lower, but the RSI is oversold, so it should rebound in the next week.
We will have to wait and see exactly where it finds support, and gains some volume ++price action.
POWR POWR...Who Can MasterHere is an updated chart on POWR as it has been a while. For now I have marked off wave 1 high from previous completion. Checking for target buy zones. I am long but this chart is messy. IF you're super long then you have no worries lol.
Education purposes only.
Updates soon...
--longmoney
POWR Update...Long--but watch for the pump fakeSince this correction, my POWR portfolio has taken a punch. They say don't trade corrections, but if you're in you're in. Out the market or in the market. With that said, my POWR position has been slightly more aggressive due to the riskiness I see in its chart. Initially I had a leading diagonal, followed by an ending diagonal (indecision, very wavy). You can also clearly see that POWR Ledger is still inclining . And that's going way back, to November 2017--before the correction. Assuming POWR trades technically, risk/reward doesn't even need putting on the chart.
Hence my Long position and slight aggression ;-)
--longmoney
POWR/BTC Volume Analysis Prediction 2/7/2018Power coin made a false break down of strong supoort level 6485.
Also the price break out the trend line.
On intraday chart we have a strong bullish trend.
In summary, buy priority with a great potential.
Trade recommendation:
Entry point: 7890 (buy limit), 8602 (buy stop).
Stop: 7349
Target1: 9850
Target2: 10900
Target3: 11700
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
Double Top POWR/ETHLong-term trend is still intact. Price testing then crossed the 20 EMA . There is confluence between the RSI , MACD price action, however there is divergence in relation to the long-term trendline which remains bullish . I am waiting to see if the price action tests or breaks support at the 0.786 (0.00085436) Fib retracement level and will act accordingly.
Full disclosure - I am still learning TA - Any feedback is always appreciated - I am trading on POWR/ETH and placing orders based on my TA, however, if you do have any doubts in regards my chart, rationale and that fact that I am still learning the craft; please do not buy or sell based on my analysis alone. I would urge you to also look at more experienced members charts before making a decision.
Please note that I deleted the 1st published version of this chart because I thought I had made it private instead of public and didn't know how to change it. This TA is the exact same one. Please forgive my noobness.
Thank you for taking the time to look at my idea.
Bullish Convergence POWR/ETH - Target Price 0.00090000Rising wedge with divergence on the RSI. 150 MA has crossed over the 200 MA. Both 50 and 150 MAs are now on an upward slope. Price action has surpassed the 200 MA. Fib trend extension - Support held at 0.382 (0.00081491) POWR appears to have found support at 0.5 (0.00083297), whether this will hold is still yet to be seen, and has tested resistance at 0.618 (0.00085103). I feel confident that price will exceed 0.00088000, however, a target price of 0.00090000 may be overly optimistic. I believe there is strong enough confluence to support a continuation of an upward trend signaling a bull market.
Full disclosure - I am still learning TA - Any feedback is always appreciated - I am trading on POWR/ETH and placing orders based on my TA, however, if you do have any doubts in regards my chart, rationale and that fact that I am still learning the craft; please do not buy or sell based on my analysis alone. I would urge you to also look at more experienced members charts before making a decision.
Thank you for taking the time to look at my idea.
Power Ledger POWR BTC Forecast - PennantPennant seems to be forming on POWR chart. Chart shows converging bullish movement however it lacks volume. If it gets the right volume, targets are as follows:
Target 1 8600
Target 2 9000
Target 3 9400
Support stands at 8,000
Resistance at 8,400
This is not an investment advice, always do your own research.