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POWRBTC

PowerLedge - POWR Looking for Breakout (500%+ Potential)POWR is looking to start some action, it is looking to breakout. Buy-in range: 0.0000320-356 Stop-loss: 0.000030 Targets: (1) 0.0000449 (2) 0.0000619 (3) 0.0000816 (4) 0.000116 Indicators: - Hit bottom and support held strong - bounced. - Forming small uptrend on the 1h chart. - TD giving bullish signals. - MACD & RSI indicators allow for massive growth. - Low volume allows for plenty of growth as well. - Orderbook - Not many active sellers. - Looking for breakout. Risk = ~15% Reward = ~500%+ Trade with patience. Think, and breath, before buying in. Relax and stay strong, the targets can be reached tomorrow, or it can take a full month. This game is all about learning to wait. This game, is all about, making money the easy way. Set it, and forget it. Namaste.
Long
by AlanSantana
162
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
POWR: Attempting BreakoutBITTREX:POWRBTC appears to be attempting breakout on the hourly after forming an ascending triangle over the last two days. Many, myself included, have been disappointed with the performance of this promising crypto but the journey for POWR is just beginning and now is the best time for accumulation. Currently there is moving average congestion and Bollinger Bands are bullish. Breakout here may see POWR rally to .00004500 - .00005250 price levels over the next few days. This is a set up for a long term trade. Waiting for this hourly candle to close for confirmation.
Long
by myceliium
3
POWR consolidation and ranging for nowBITTREX:POWRBTC Here is my idea about POWR for the next 2 weeks or so. RSI and MACD support the up trend but we have quite a journey till we can say is a bullish trend. It needs to break one by one each of the down trend resistance I drown so I expect the coin to go in a ranging trend (not my favorite) but that how I see it. After it breaks off around 4500 we can say is a bullish trend and look for upper targets. The other scenario would be that it fails to break the resistance and investors loose their interest and get weaker or BTC shakes again which would send the price even lower then 2600. 2600 is a good long term acquisition if you ask me but it could go lower.
Long
by pgarret
13
Powr Regaining Its Power?Simple analysis here. Power Ledger reaching new recent lows in a similar fashion to other alt coins due to recent bitcoin price surge. However, it is interestingly showing some good support at the 4700-5000 sat range. Powr has good support from the Australian government which makes it unique as in late where government regulations are putting heat on the cryptocurrency world. Powr consists of a strong dev team with an even stronger community backing which is essential for cryptos to flourish. Overall, I see a potential descending wedge pattern which can be very profitable for us all if we pay attention and play our cards right. You can buy now or play it safe by buying a break of the resistance line if price action also shows support at that level once broke. Keep in mind powr is a new coin and that does suggest risk with this trade. Also, another bitcoin surge to 13K+ could push price action lower and a break of the support line shown around 4600 sat would negate this analysis. Trade Procedure: Buy now at 4700-5100 sat (BEST) OR Buy at 5600-5700 sat if support is shown. (SAFEST) Target 1: 7351 sat Target 2: 8999 sat Target 3: 10199 sat Upper End Target: 11799 sat Max Target: 15999 sat I suggest selling in percentages of your holdings because you don't ever wanna be left out of potential higher targets. Ask any EMC2 holder who sold too early... Trade Length: 12 days Stop Loss: <4600 sat Reversal Point if stop loss hits is 4200-3800 sat. Goodluck! :)
Long
by CryptoPrescience