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Powerledger

Bullish Divergence on Power Ledger - Feedback pleaseHi. I am completely new to technical analysis and have been learning from other members of the community. This is the first Idea that I have published. I believe that the MACD, RSI, forming of a wedge and trend lines are indicating bullish divergence on Power Ledger. I am really looking for feedback to see if I am doing this correctly. Any thoughts or advice would be greatly appreciated. Happy new year. I hope 2018 brings everyone reading this good health, happiness and prosperity.
Long
by SoCr
5
Bullish trend for POWR ahead! (35%-120% Profit)As you can see it broke the wedge yesterday, from that point onward, support is continuously increasing. It's going to have bullish trend for upcoming days. Trading: Buy range: 7000-7400 (In you want to get in now) Sell Target 1: 7900 Stoshi (Short-Term) Sell Target 2: 9900 Stoshi Sell Target 3: 11,280 Stoshi Stop Loss: 6300 Stoshi Warning: This is just my point of view. This might or might not be true. You can set your limits accordingly. I don't want you to jump in blindly. DYOR and only get in if you are satisfied with it. Make sure you keep an eye on BitCoin price as well. Anyway POWR is a good project with solid team. It's a good long-term hold (Around 3-8 months) and it can give upto 700% return.
Long
by boomboom1212
POWR/BTC - Reverse head & shoulders + Symmetrical trianglePOWR/BTC is looking extremely bullish in my opinion in the 4h chart. The reason why I say this are the following: 1) The price has formed a reverse head and shoulders (since the end of November, shown in yellow), with the neckline at around 7500 satoshi, which is currently being tested). 2) There is a symmetrical triangle (shown in the chart) which appears to have been broken upwards. 3) The MACD is turning bullish (positive). 4) The CCI shows a strong move by exceeding 200 (which it already did a few days ago), and a weak retracement inside the -100 +100 bands. I have set a limit buy order at around 7200 satoshi (which is the 50% Fib. retracement measured from the ATH and the ATL). I also have set a stop limit order 8350, which is just above the previous local high of Dec. 21. My first target is 11700, and my second target is at 17400 satoshi. I fundamentally love the idea of trading electricity with peers behind Power Ledger, in a world that is evolving towards the use of renewable energy. For this reason, it is one of my long term investments: I will keep most of my POWR for the long run, but I'll sell parts of my stack in the run ups and buy the dips. This is not financial advice, this is just my opinion. Any comment is appreciated.
Long
by Andratos95
Powerledger 29 December 2017$POWR Potential breakout happening right now! But.. RSI is in pretty high zone, so we might see a drop down as well. Scenario 1: Breakout, retest of support line and then straight to 1st target zone around 8K sats. Scenario 2: Can't breakout, in that case we'll drop back to the top green box and try again. Scenario 3: Can't breakout in both cases, then we'll fall back to 5500 zone and try again in the new year. Good luck trading! If we can't make the breakouts, put your stop/loss just below the green boxes.
by CryptoMichNL
5