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POWRETH

Powerledger (POWR) formed bullish BAT for upto 30.50% pumpHi friends, hope you are well and welcome to the new trade setup of Powerledger (POWR) with US BTC pair. Previously the priceline of POWR moved slightly down than buying zone, however, recovered soon and pumped more than 35% as below: Now on a daily time frame, KMD has formed a bullish BAT move for the next pump. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
POWRETH { POWER LEDGER } - BULLISH SETUPANALYSIS 🔎 - POWRETH brokeout above the falling wedge's resistance, hit a swing high and retraced. - Price is retesting the falling wedge resistance and the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this zone (high buying pressure). - Price action is printing the double bottom pattern. - The double bottom pattern is a bullish reversal pattern. - We could be at the verge of an uptrend continuation. BUY ENTRY ⬆️ - Conservative entry: breakout above the double bottom neckline resistance (@0.00011382) - Aggressive entry: market price. TARGETS - Horizontal resistance level (@0.00014705) - Horizontal resistance level (@0.00017160) - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the 0.786 fibonacci retracement level.
Long
by Chibuike_Odoh
POWRETH (POWER LEDGER) - WEEKLY ANALYSIS ANALYSIS 🔎 - POWRETH is bounded in the major falling wedge pattern. - The downtrend swing was bounded in the minor falling wedge pattern. - Price bounced off the major falling support and brokeout above minor falling wedge resistance. - Possible retest of the major falling wedge resistance. BUY ENTRY ⬆️ - Market price. TARGETS 🎯 - Horizontal resistance level (R1). - Major falling wedge's resistance. SETUP INVALIDATION ❌ - Breakdown below the previous swing low horizontal support level (S1).
Long
by Chibuike_Odoh
POWR/BTC (Old Support>New Resistance?)💎Technical Analysis Summary💎 BINANCE: POWRBTC -Power Ledger broke a key level of support around 760s sat -The price is now pulling back to test previous support -Will it shifts to a new resistance zone? -There is a chance but until we see a sign of weakness -Incase of Bearish direction, the next key level of support is at 600s sat A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
8
POWRBTC - getting squeezed on trendlinePOWR token getting squeezed within trend line .. hoping some action soon. As always, tried to make my chart easy to understand. Use Fibonacci levels for support and resistance. Ladder your profit with Fibonacci levels. RSI moving upward and bounces from trend line. It might bounce down to trend or fib support level before moving up. Please hit "LIKE" to support. PS: my trades aren't for day traders, however, they sometimes hit target sooner than expected. Good luck Vinny
Long
by VinnyTheTrader1
Double Top POWR/ETHLong-term trend is still intact. Price testing then crossed the 20 EMA . There is confluence between the RSI , MACD price action, however there is divergence in relation to the long-term trendline which remains bullish . I am waiting to see if the price action tests or breaks support at the 0.786 (0.00085436) Fib retracement level and will act accordingly. Full disclosure - I am still learning TA - Any feedback is always appreciated - I am trading on POWR/ETH and placing orders based on my TA, however, if you do have any doubts in regards my chart, rationale and that fact that I am still learning the craft; please do not buy or sell based on my analysis alone. I would urge you to also look at more experienced members charts before making a decision. Please note that I deleted the 1st published version of this chart because I thought I had made it private instead of public and didn't know how to change it. This TA is the exact same one. Please forgive my noobness. Thank you for taking the time to look at my idea.
by SoCr
Bullish Convergence POWR/ETH - Target Price 0.00090000Rising wedge with divergence on the RSI. 150 MA has crossed over the 200 MA. Both 50 and 150 MAs are now on an upward slope. Price action has surpassed the 200 MA. Fib trend extension - Support held at 0.382 (0.00081491) POWR appears to have found support at 0.5 (0.00083297), whether this will hold is still yet to be seen, and has tested resistance at 0.618 (0.00085103). I feel confident that price will exceed 0.00088000, however, a target price of 0.00090000 may be overly optimistic. I believe there is strong enough confluence to support a continuation of an upward trend signaling a bull market. Full disclosure - I am still learning TA - Any feedback is always appreciated - I am trading on POWR/ETH and placing orders based on my TA, however, if you do have any doubts in regards my chart, rationale and that fact that I am still learning the craft; please do not buy or sell based on my analysis alone. I would urge you to also look at more experienced members charts before making a decision. Thank you for taking the time to look at my idea.
Long
by SoCr
[POWRETH]I Can Make Money From It But I Won't[LET ME EXPLAIN]Hi, This is a special one, Yes I can make money from it but I won't. Why ? Because it will not be fun riding this bull. My blood pressure won't take it. and my back... ouch! Look at how many supports and resistance there is... so much indecision, it is unbelievable. The charts are no clean, I take risks, but very well prepared. This one I won't bet my money on it. But for you crazy traders there is my opinion for this pair, goes up to 1444 then compression until break out. My advise: Stay away from this pair, there is plenty of fish in the sea. Look at my other posts better chances. Best of luck.
P
by KinkoHyoTrading
2
Power Ledger Falling WedgeBITTREX:POWRBTC BITTREX:POWRETH Power Ledger has been making a falling wedge for about 20 days, after an initial run of about 10 to 1 in US dollar terms if you consider de ICO price. In terms of Bitcoin it went from $0.00003000 or 3,000 satoshis to about $0.00012000 or 12,000 satoshis, almost 4 to 1 in terms of bitcoin and a lot more in terms or US dollars. It is about 1 to 3 days of breaking out of a falling wedge, as you can see in the chart, which should catapult the coin to new highs above 12,000 satoshis in a wave 3 kind of scenario in Elliott Wave Terms, that should last a shorter time than wave 1 and 2, which lasted about a month. My price target is about 16,000 satoshis, about 5 to 1 it’s actual price in terms of Bitcoin. And a lot more in terms of US Dollars. Either way, it is currently siting at about 3,234 satoshis, and looking like it can rise many times its current price in the coming days and weeks when it breaks out of its falling wedge pattern. www.freeonlinetradingeducation.com It also looks like a good project as it helps commercialize electricity between peers. powerledger.io coinmarketcap.com Good Luck in Your Decisions
Long
by Raul_Dominguez
1