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POWRBTC

POWR:BTC Short term trade. Resistance hit. Only way is up...We have hit a firm resistance level that has been holding steady. A gradual and marginal uptrend has been started and with an increase in volume this will start to pick up. I recommend the following trade targets. There will undoubtedly be some small retraces at each but it is a chance to re-buy at the dip for the next run. This coin has the ability to have quick gains once it get traction Buy in - 0.00010800 Take profit 12116 (Approx 12%) Take profit 13192 (Approx 22%) Take profit 15132 (Approx 40%) I cannot tell the future, just read the charts, and if this has a certain amount of guess work dot
Long
by dotMorse
POWR BTC good buy if you're late, but may consolidate a bitPOWR has a lot of fundamental stuff behind it, it's not a shitcoin. That said, I see a little bit of bearish divergence between the price and RSI and a wedge may be forming. I think it will consolidate around the 0008540 range before taking off again. If it breaks above .000947 area that would be another strong bullish confirmation signal. Overall it is quite bullish. People with a life outside of trading would be better off just holding POWR for a long-term swing trade rather than trying to catch another dip.
Long
by RotiWokeman
PowerLedger (POWR) SO MUCH NEWS.. First of all, What is POWR? "Power Ledger is a blockchain-based peer-to-peer energy trading platform enabling consumers and businesses to sell their surplus solar power to their neighbours without a middleman. The Power Ledger system tracks the generation and consumption of all trading participants and settles energy trades on pre-determined terms and conditions in near real time. A user simply receives a registration email from their Application Host, they click on a link which takes them to the Power Ledger platform where they create a userid and password. That’s it, once logged in they can see their electricity usage and all their P2P trading transaction details." source : Powerledger.io Lets get straight to why we should be looking at trading POWR. Fundamentals : At this moment, POWR is currently one of the semi-finalists in the 2018 Extreme Tech Challenge which is based in Las Vegas, the finalists will be announced in approximately 9 days from now. Should POWR be one of the finalists, the top 3 finalists will have the chance to present in front of the judges that are lead by non other than Richard Branson. This coin is still at it's early stages yet it's showing so many good signs that this could be a huge thing in 2018 and 2019. Technical : First let's look at the MACD, the 1h chart is telling us that the MACD is crossing. the RSI has been trending upwards BB is squeezing giving us even a better indication that a break-out is going to happen. Break-out point : 7000 Buy in zone : 6000 - 6950 Stop loss : 5800 - 5900 (REMEMBER TO ALWAYS SET YOUR STOP-LOSS) Feel free to set your own stop-loss that satisfy your needs, base it on your entry level, how long you're looking to hold for and what is your target level. Targets : 7800 8600 9300 10430 11700 (more to come later) Good luck! If you liked this, please feel free to thumbs up, follow, share with your friends. I hope you all become rich one day.
Long
by Remix24
5
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
Power Ledger - Symmetrical Triangle, buy opportunityAfter experiencing a flash crash on Dec. 21, POWR/BTC looks like it is building a symmetrical triangle pattern. The 100-periods SMA (in the 2h chart, in blue) has offered support, following the lower side of the triangle. The 50-periods SMA (in orange) looks like it is going to meet the price at 0.00006600 BTC. I believe price will bounce on that level before breaking the upper side of the triangle. I also believe the price will go to 0.00007500 BTC, then find support on previous resistance (the upper side of the symmetrical triangle), before shooting up to my target, around 0.00012000 BTC. On the upper left corner I drew a typical formation of this bullish pattern, to emphasize the similarity between the chart and the "theory". The ADX and DMI allow for the start of a new uptrend. The stochastic RSI is what makes me believe we'll have a little correction at 0.00007500 BTC. This is anyway a risky trade. The price of BTC looks like it doesn't know exactly where to go, and this indecision makes the whole market very volatile and rather unpredictable. For whom likes to buy on dips, I suggest a limit buy at 0.00006600 BTC, with a stop loss at 0.00004980 BTC (this because if price falls, 0.00005000 BTC will be big buy wall, since it is an even number, and it is below the lows of Dec. 19 and 22). On the other hand, if you want to play it safer, I think you have 2 strategies, based on what'll happen: 1) If price breaks up the triangle, hits some value around 7500 satoshi, then corrects (without re-entering the triangle), I'd set a stop buy just above the 7500 satoshi level. 2) To get even less risky, but also less reward, you could set a stop buy order above the high on Dec. 20, at around 0.00008050 BTC. My target is around 12000 satoshi. I repeat that this trade is riskier than normal because right now the market is very volatile. This is not financial advice, this is just my opinion. Any comment is appreciated.
Long
by Andratos95
POWR - An Uphill Holiday Weekend?BITTREX:POWRBTC is nearing a 4 Hour MACD cross within a generally upward-trending channel, designated in blue. Note the declining volume as we ascend. We've previously seen our biggest POWR gains to date under such conditions. At the time of publication, we're experiencing a very nice bounce off of the 0.618 Fibonacci Retracement Level. We seem to have strong resistance to our general uptrend at the 0.886 Fib level (0.00007540), which corresponds with our last lower high before our bounce at the all-time-low of 0.00002611. The 0.866 is going to be a key level for the bulls to break, and could see tremendous follow-through. We also have a very clear equilibrium pattern emerging with a high of 0.00008011, a low of 0.00005354, a lower high of 0.000076 (possibly 0.0000715 depending on how you measure), and our last higher low of 0.00006324, which bounced off of our upward trend support line. A close above 0.000076 confirms a bullish break of the equilibrium pattern; a break below 0.00006324 indicates a bearish reversal of our current trent. Depending on our volume and momentum, even a close above the 0.0000715 could be enough to push us a leg higher. I'm going to be very cautious, however, of the aforementioned resistance at the 0.866 Fib level. It has proven to be strong, but (*ahem*) we have the POWR . We appear to have remarkably strong support at and south of our 0.382 Fib level, between (0.000051 and 0.000054). In the event of a dip or more Bitcoin drama, that's where I'll be looking to "fill my bags," as the kids say. Bespoke blockchain and cryptocurrency consultation: www.minervaminingco.com
by fittsjk
4