LONG TERM TRIANGLE BREAKING NOWPrice below initial offering. Recently gained adoption via Kepco and Clearway for REC ( renewable energy certification) trading, an estimated $3.5 Billion industry. Just some of the many new features and fundamentals driving this token by a company awarded Richard Bransons Extreme Tech Challenge. A breakout of these long term formations would in my mind have alot of momentum behind it.
POWRBTC
BTCUSD Bybit Bitcoin Chart Analysis for January 17thHello,
“Make it simple and make profit”
It’s BitcoinGuide.
Don’t forget to “Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for January 17th
This is 30m candle chart for yesterday.
I’ve explained on live so I think I don’t have to explain everything.
We saw entry timing right at the position.
However, there was a risk signal.
And we lacked power for the wave pattern.
It ended up with slow uptrend.
It was $200 profit at maximum.
Congratulations for the profits.
Minor altcoins tend to have movement when Bitcoin is at danger zone.
Yesterday it was not that dangerous.
So we are still waiting for the moment.
This is daily candle chart.
It left long tail and the new candle is made at the top part.
I made strategy based on this fact.
This is 30m candle chart.
I will try to be more brief and precise.
It is long position strategy.
To sum up,
Please refer to long position entry timing and price point.
Please check the price movement at the small & big smile face line.
In case you enter at the first long position entry point, please put stop loss below green parallel supporting line. And cut it when it breaks down with an additional candle.
It will be very rare but if it goes down,
Please check out the blue finger pointer as a bonus point.
Do not enter short position.
For today, try to operate major altcoins.
(Both Bitcoin Cash and EOS)
I know most of you are interested in minor altcoin picks.
If the price strongly goes up until tomorrow morning(Before CME exchange closes)
After the correction period during weekend, and Bitcoin price reaches purple supporting line below, please carefully look at Power Ledger.
Today I will analyze FX Margin and Overseas Futures Analysis in the afternoon.
Thank you.
(Translation
Jae Ho Shin)
January 17th BTCUSD Bybit Bitcoin Chart Analysis
Hello,
“Make it simple and make profit”
It’s BitcoinGuide.
Don’t forget to “Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for January 17th
This is 30m candle chart for yesterday.
I’ve explained on live so I think I don’t have to explain everything.
We saw entry timing right at the position.
However, there was a risk signal.
And we lacked power for the wave pattern.
It ended up with slow uptrend.
It was $200 profit at maximum.
Congratulations for the profits.
Minor altcoins tend to have movement when Bitcoin is at danger zone.
Yesterday it was not that dangerous.
So we are still waiting for the moment.
This is daily candle chart.
It left long tail and the new candle is made at the top part.
I made strategy based on this fact.
This is 30m candle chart.
I will try to be more brief and precise.
It is long position strategy.
To sum up,
Please refer to long position entry timing and price point.
Please check the price movement at the small & big smile face line.
In case you enter at the first long position entry point, please put stop loss below green parallel supporting line. And cut it when it breaks down with an additional candle.
It will be very rare but if it goes down,
Please check out the blue finger pointer as a bonus point.
Do not enter short position.
For today, try to operate major altcoins.
(Both Bitcoin Cash and EOS)
I know most of you are interested in minor altcoin picks.
If the price strongly goes up until tomorrow morning(Before CME exchange closes)
After the correction period during weekend, and Bitcoin price reaches purple supporting line below, please carefully look at Power Ledger.
Today I will analyze FX Margin and Overseas Futures Analysis in the afternoon.
Thank you.
(Translation
Jae Ho Shin)
POWR/BTC (Up to 80% Profit)POWR/BTC
Power Coin broke bullish above down-line resistance. 1st Higher Low than a Higher High. After hitting the bottom 3x,
Bears loses its momentum fast and Bulls started gaining strength to form its 1st Higher Low inside the triangle pattern.
I'm looking for a healthy pullback in the support area for this swing trade.
Trade setup
Buy area: 580 Sats - 540 Sats
Sell target: 638 Sats - 1060 Sats
Stop loss: 480 Sats
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 - 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