Power Ledger: a long term investment On the 27th of october we saw POWR hitting a new bottom in a long time. Since then we can see a trend reversal and I think it might even go up from here..
In my TA I’ve used RSI, EMA 10 and EMA 50 indicators on the 4h chart. RSI is back on track and the price has started to move more.
Overall I think Power Ledger is a great blockchain company with a great vision and development. IMO a long term investment for the next 5 to 10 years. Do your own research and keep an eye on this baby!
What do you think? Salamat po.
I'm a ROOKIE in TA and still learning, please feel free to correct me or send feedback.
THIS IS JUST ME SHARING MY IDEA AND THIS IS NOT FINANCIAL ADVICE
POWR
POWR - trend reversal? Shaping a saucer?POWR - perhaps located at the very bottom and there will be a break in the trend - the formation of a saucer shape.
Coin - TA textbook. We see a global downtrend on a coin. Each figure was a continuation of the trend. Bear flag - rectangle (horizontal time channel) - downward wedge - rectangle (horizontal time channel). Now the coin is 1 month in lateral movement. Perhaps the Saucer will be formed. Which can become a trend reversal from downward to upward.
On the downward chart (“saucer figure”)
1) Descent of the price. It is characterized by a gradual slowdown in movement and falling prices;
2) Bottom - the bottom point of prices on the chart. It should be located on a gentle bottom (smooth bottom, without peaks). The center of the figure.
3) Climbing prices. Ideally, the graph is symmetrical to the descent. It is characterized by a gradual acceleration in price growth. When climbing the price, be sure to increase the volume indicators (to confirm the formation of the figure). The time of formation of the climb is usually equal to the time of the descent of the price or slightly more.
POWR on the movePOWR is breaking through a long term trendline
and has recently cleared some levels with its move
two days ago that was reset back to the bottom
of its range by the recent BTC drop. Now it has the
chance to do it again but with a bigger outcome
as it has the chance to close above its ORIGIN to
great an even bigger breakout most likely to the
weekly hold of the origin at 1360. Buy target is the
current origin level at 579-580 with sell target a
few sats below 1275.
PowerLedger (POWR) Suprise 145% Move | Next Comes 380%+ Profits?PowerLedger (POWRBTC) just made a surprise move without giving any signals other than a bullish RSI and trading above EMA10... Here is the chart:
As you can see, POWRBTC decided to have a violent bullish breakout... Think about this, last week we had so many pairs produce massive gains and move up. Now, these pairs are retracing and consolidating, so another side of the market is about to grow.
PowerLedger is a great example and just printed 145%+...
We are seeing huge volume as well.
Remember, this is just the beginning, so PowerLedger can grow much more.
Thanks a lot for reading and your continued support.
Namaste.
Today`s ALT!!! POWRBTC BINANCE:POWRBTC
Exchange : Binance
Coin: POWRBTC
Buy Zone: 0.0000055~0.0000054
Target Point: 0.00000565/ 0.00000595/ 0.0000062/ 0.000007
S/L: 0.00000515 or Under PuppleLine
Risk: MIDDLE-HIGH
Term: Middle-Long
It`s making Symmetrical Triangle after it`s broken Rotated Rectangle Channel
Also it`s volumm is down
The pumping will come from here and Symmetrical Triangle will be broken
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Investment is your responsibility.
I'm just providing about coin`s information
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POWR (Power Ledger) Is Ready To Show His Power..!!POWR (Power Ledger)
Looking Bullish & Bottomed Out..
Making Falling Wedge Pattern Daily Timeframe ..
80-100% Profit Expected In Midterm.
#POWR/BTC (Binance)
Buy Around 940-960 Sats
Sell Targets 1316 - 1586 - 1880 - 2224 Sats
Stop Loss Below 900 Sats
Chart Timeframe : Daily
Hit Like On Idea For Support & Follow Me For More Interesting Ideas.
Thanks
#POWR : Up to 120% Profits Opportunity in The Mid Term.#Accumulatio_Recommendation
Pair : #POWR / #BTC
RSI : 30
TA Notes :
- MACD : Still trying to cross to be in a bullish side.
- RSI : Trying to wake towards the bull sign in a neutral level for now.
- EMA : Looking to go downwards but needs to get energy and become below the price level.
- Volume : Looking good on the past 2 days and if it continues its current momentum will surely push the price upwards.
- Candle Stick formation also looks bullish closing above the last low point for now. Needs to close higher than the red resistance line for a confirmed bull reversal run.
#Accumulation_Zone : 900 sats - 1000 sats
Distribution_Zone:
Target 1 : 1063 sats
Target 2 : 1104 sats
Target 3 : 1195 sats
Target 4 : 1245 sats
Target 5 : 1302 sats
Mid Term Targets
Target 6 : 1409 sats
Target 7 : 1561 sats
Target 8 : 1755 sats+
STOPLOSS : Close below 840 sats
Risk : High
Capital Accumulation : 5%
@TogetherWeAccumulate
#POWR Gaining momentum as potential ascending triangle develops.#POWR Gaining momentum as potential ascending triangle develops...
UCTS Buy signal active on the 6h (not daily yet)
Volume rising over the last weeks
RSI trying to get out from oversold, While MACD about to bullcross
I would like to see a break over 1740sats w volume!
#POWR
Potential G-Cross on PowerBINANCE:POWRBTC held support nicely at the support trendline considering the altcoin dump due to the Bitcoin pump. It held EMA support and is currently trading near the 200EMA. The next strong resistance is at 3500 so we will be conservative and sell the green. Looking like a good possibility. On this I would do something like the following:
#POWR/BTC
Exchanges: Binance
Signal Type: Regular
Entry Zone: 2575-2705
Take-Profit Targets: 2785-2900-3100-3225
Stop Targets: 2425
This is meant for educational purposes only. This is not Financial Advice. Please consult a professional before investing.
#POWR/USD: An upcoming short term bullish trend! #POWR/USD price setting higher support level signaling an upcoming bullish momentum in the short term for the energy blockchain token. The price set a new support level at $0.11334278 USD and crossed the upper support level at $0.11450243 USD. The Stochastic oscillator is currently in the oversold region (19.02) signalling a short bullish trend on the POWR/USD pair.
The chart also shows a double top formation which will be confirmed once the price crosses below the lower support level (marked with a purple arrow) at $0.11182075 USD. A cross below this price point offers an extremely bearish signal towards a new support level at $0.10645700 for investors in $POWR.
Add more $POWR!
Symmetrical triangle trying to break to the bullish side.. Symmetrical triangle trying to break to the bullish side..
Volume increasing, just crossed EMA200 and Ichi Cloud on the daily that was rejected every time since MAY18.
MACD bullcross, RSI Rising, UCTS showing a buy signal.
Potential targets on the chart. #POWR