Power Ledger in a descending Triangle? Power Ladger had a very good run. I think it is time for little correction. I am not planning to sell any but if it does pull back I will end up buying some more.
POWR
LSK 4hr and POWR 1hr charts for BTFD members UPDATEDBy Request For BTFD Members
looking at possible formations and speculation on two popular pairs
**redrew Gann Fann from POWR high and redrew the weak support on LSK**
LSK looks to be following the patterns, would wait for clr entry point and when POWR breaks into the 1:1 area possible entry there
more examples pointing towards the 27th Nov being a big movement date for many pairs, up i hope!
Power Ledger about to flyNews about a deal with a thailand electric company about to be announced twitter.com
The chart is also looking bullish, it's about to break out of the cloud.
Not target price yet but just bought some at 7400 satoshi
POWER LEDGER POWRBTCThis is my top pic today, Power ledger are set to release a press release that they have signed a contract with the Thai goverment.
This is also a great option to go long and stay long on over the next 6 months. POWR are set to do some pretty amazing things, I believe they raised 34mil on the pre token and main sale.
It is also the first crypto currency the Australia government have invested in.
Still bull with signs of close correctionMy previous analysis we correct on target but not in time. Backed up by fundamentals this, coin is running up quicker than expected.
Some clear signs of correction are there, but I believe it will go for even higher ath before a big correction.
Personally, Im out now for a while especially since BTC is sliding sideways with mixed signals...
POWER LEDGER POSSIBLE MOVEMENTWith all the hype that's going on with this coin, it is still best to check a good entry.
Based on the RSI, this is going on a downtrend. But i believe this only down to the trend line or the MA. we can use the MA as support as well. longterm looks bullish given the team is putting up updates regarding their achievements.
unless this coin does't go parabolic, it is safe to wait to for a pull back before buying.
don't let FOMO hit you. be emotionless when trading and base decisions on the data. just a gentle reminder. :)
Does POWR Have The Power?POWR is building a nice looking symmetrical triangle. Decision time soon. RSI is strong. Stoch supports upwards movement. Waiting for the price to close above the trigger with volume. Chikou span cross would be a great sign as well. On the flip side, this is still a very new coin and could just as easily tank.
PM me for entries, targets, and custom charts.
POWR Analysis - Confused Energy Needs To Sort Itself OutPOWR seems to have found a momentary bottom at the 0.236 Fib retracement level, and is now dancing along the 0.5 with some bearish energy on the 30 Min and 4 Hour timeframes. We're on the verge of a bearish MACD cross on the 4 Hour, with some bullish momentum on the Hourly.
I'm expecting a pullback to 0.32 Fib level before rallying towards our recent highs. We could push back down towards 0.236 if folks are stop loss hunting, but on the whole, I'm bullish on POWR .
If the bulls can exceed 0.0009145 in a shorter timeframe, we could see a follow-through of a reversed H&S pattern, but that would require a substantial amount of volume.
$POWR second wedge after dumpFirst wedge we identified broke downwards. There's a new wedge that could potentially start the pump.
POWR closes into a wedge after dumpPOWR had risen to ATH in the last couple of days. However, it suffered a great dump yesterday. With the volume and fundamentals that are backing up this project and coin it has seen a rapid recovery in as little as 12h. Now it is closing in on a wedge that could potentially send it on a pump ride.
TA sometimes does work. #powr
Descending triangle pretty much as planned. Downwards to the target before bouncing.
Power Ledger 5th WavePower Ledger Elliot Impulse wave. 5th Wave coming? Possible target 16000 satoshi.
POWR / BTC impulsive wave This time, right crypto. I expect to see an impulse wave against BTC today.
Target before correction around 8500
POWR Dip Opportunity?POWR is heading towards the 0.5 Fib retrace level after its recent high. This level happens to fall between a key short term resistance and our present support. Could be a good opportunity to, "reload the bags," as the kids say.
Ready for next Pop?Power consolidating in a flag pattern while RSI and MACD bottoming out signalling overselling. Holding the price really well. Cannot wait until next upward movement! Very strong community, Government backed. Perth based ICO from Australia. Clearly not a scam. Very bullish for POWR for long term. Early investers will have massive gains I reckon.
Power Ledger Pennant formationPossible pennant formation. Not 100% convincing. Already gone up a lot recently so if you want to buy now for long be careful. But I am hopeful for it to go up much higher and managed to buy back bit lower after profit taking during last run so I will be holding for long.
ETH/USDlooking for a bounce to 365 in the next few hours to possibly sell position for better bottom fishing options. will hold ethereum in account but the portion for sale is the position built from turning .1 BTC into 2.5 BCH at 450 into 8 DASH at 250 then keeping 2 DASH and going all in ethereum at 310. Missed NEO already and looking for right timing to move large portion of ethereum into one or two trades with higher percentage move potential. liking ETC but not going to force it. need technicals to align. BTC breakout or rejection at 8000 area could come into play. BCH holding up nicely. Building a crypto portfolio while continuously trading one position. used part of ETH to get into mercury coin and power ledger at .18 and .21 respectively. all portfolio positions are out performing the market. BitBay looks strong for a half size position as well. missed NEO breakout which was the play I was monitoring along with ETC. missed NEO for now but ETC could get interesting here if ETH were to crap back towards 300 again. Looks like an overall push into the market from big money. Luckily they like my positions:) BTC, ETH, NEO, DASH, MONERO, RIPPLE, VERT, LTC, POWR, TENX, OMG, Kumodo, Bitquence, Cardano, Basic Attention, OX protocol, WAVES, NEM, EOS, ZEC, MERCURY, and a basket of ICO's including GRX at .66 which is on ETHDelta and will be a 10 bagger plus hopefully more when it hits exchanges. Tether scandal worries me that it is a setup for regulation. classic problem, reaction, solution type of scenario brewing.
