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Powerledger

Power Ledger - Long: 170% up, or more. Hello, It looks like Power Ledger is getting ready for a very big move to the upside. The current chart very much reminds me of when Cardano (ADA) was just released. I know similar patterns don’t mean similar success, but it’s a good indication. The chart below is Cardano in November 2017. As you can see, the pattern is almost identical to Power Ledger right now. If we break out, the first target might be around the 0.00016780-levels, which is a 170% move from where we are now and the 0.618-fibo extension of the current price range. Looking at the project itself, I think it’s very much undervalued right now. If you want to trade this long-term, I think 170% upside is just the beginning of a bigger move. Price might also break down from here, to accumulate for a while before moving up.
Long
by Alireza_ITS
7
POWR 15M Timeframe Chart 19 December 2017POWR, short term version. Seems to be making an ascending triangle, RSI is turning above 50 as well, indicating that leg C is done, going to leg D. Made two small breakouts as well, so that’s great. MACD will become positive within an hour, wouldn’t be surprised if we see this pattern and break out of it tomorrow. Scenarios: - You can swing the legs. - Buy the breakout after leg E (or perhaps earlier if it breaks horizontal line) - If we fall out, start accumulating around 5000 sats (first bounce probably there, could be around 5400, but that’s more risky) Good luck!
by CryptoMichNL
Time to turn on the POWER!With the current state of cryptoland, this coin should get a decent pump! Fundamentally solid, and with a sligly undervalued marketcap I believe. Fundamental So yesterday we got some good news from PowerLedger. Thai-Government backed BCPG agreement! That's substansial and should increase the hype. It's a new coin, and there is a lot of speculation money flying around now. That's what I think could equal increasing demand for the short term. POWR is a little difficult to fundamentally judge. It's very techie. However, I like the team and it definetly looks like they are doing a lot of work and have some important connections. That's enough for me to invest for the short-mid term. I see a good risk/reward ratio. But I would recommend small percentage of portfolio. Technical You may know that I don't like to draw on BTC parings. If there is no USD pair I tend to go much more on the fundamentals. However, I have added on some fib levels to where I think we could face some resistance. And the pitchfork is always nice to follow for support levels. My target for this trade is around 16900 SAT. I have added it to my Portfolio-Spreadsheet . Where you can follow what changes I make in my hodlings.
Long
by Kryptokelly
65
POWR/BTC Short TermPower Ledger broke out of the big downtrend channel on the 12th (see my previous post), traded sideways for a few days and just completed an Elliott impulse wave with correction which in itself is part of an even bigger Elliott wave structure. If it breaks the resistance level at 6048 Satoshi (which may happen within this hour; volume so far looks high and the candle is long), chances are we'll visit 10000+ within a few days. The uptrend will most likely consist of 5 smaller waves like was the case last time. Previous:
Long
by ViktorC
Power Ledger Falling WedgeBITTREX:POWRBTC BITTREX:POWRETH Power Ledger has been making a falling wedge for about 20 days, after an initial run of about 10 to 1 in US dollar terms if you consider de ICO price. In terms of Bitcoin it went from $0.00003000 or 3,000 satoshis to about $0.00012000 or 12,000 satoshis, almost 4 to 1 in terms of bitcoin and a lot more in terms or US dollars. It is about 1 to 3 days of breaking out of a falling wedge, as you can see in the chart, which should catapult the coin to new highs above 12,000 satoshis in a wave 3 kind of scenario in Elliott Wave Terms, that should last a shorter time than wave 1 and 2, which lasted about a month. My price target is about 16,000 satoshis, about 5 to 1 it’s actual price in terms of Bitcoin. And a lot more in terms of US Dollars. Either way, it is currently siting at about 3,234 satoshis, and looking like it can rise many times its current price in the coming days and weeks when it breaks out of its falling wedge pattern. www.freeonlinetradingeducation.com It also looks like a good project as it helps commercialize electricity between peers. powerledger.io coinmarketcap.com Good Luck in Your Decisions
Long
by Raul_Dominguez
1
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.
Long
by thomasfar6
POWR 1H Timeframe Chart 15 December 2017POWR, updated chart on the 1h. As we can see it's approaching a triangle. Few red flags for this: - RSI turning down (below 50 still), so not bullish - MACD about to cross negative, which is also bearish On the other hand, if BTC doesn't break the 18K mark and stays in the ascending triangle, we might jump out of this in an uptrend, seeking for an ascending triangle and then we might see some up movement for 1 day or so. If not, we'll be back around the 3K zone to test whether that's support.
by CryptoMichNL
1