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.
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.
Possible 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.
looking 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...
I'm looking to get into POWR given its recent rally. I'm trying to find a reasonable spot how far it might correct after the most recent run. Thought? The current short term plan is to wait for tomorrows NEO related announcements and take some partial profit. The profit would go straight into investing in POWR.
Since POWR is tied directly to the distribution of decentralized energy and TESLA is the primary producer of decentralized energy I believe that POWR will rise and fall with Tesla news and innovations. Tesla produces the home batteries and solar powered required to really make sharing of electricity possible. These two need each other.
Power Ledger Ascending Triangle pattern.
downtrend over, beware never hold full against BTC
Im sure it will there is no reason for a downtrend