POWRBTC trade ideas
$POWR - P&F Bullish - possible break-outWe have a potential Top Double Cup and break-out, on trend with my previous forecast of 7500 Satoshi
POWER did a MACD crossover and RSI looking healthy.. bouncing nice consolidation and retrace is over. POWER is looking to move up in the ladder with a clear moving average cross over. Some resistance around .00006900 and .00007400 post this we reach our destination. This is a 600 million project in infancy and 5 billion in couple of years; good luck.
PowerLedger POWRBTC - Can you feel it? An over-extended consolidation period on a strong coin... it's go time.
$POWR - Potential Break-out - Cup with Handle (Continuation)Potential Break-out - Cup with Handle (Continuation) pattern. The volume and trend is correct. My target price would be 0.00007500 BTC
POWR finally recoveringRan a Fib extension based off of the surge from 17 Nov through 20 Nov, and the drop on 21 Nov. It looks like POWR is finally seeing a reversal after completely dropping through the previous low on 21 Nov and is now potentially looking to break through the 0.236 band. This resistance can actually be seen clearer on the Fib retracement drawn from the high on the 23rd to the low of today.
The 50 day MA finally appears to have changed direction, so it looks like POWR has hit its current bottom and is ready to move back up.
Any feedback on points I missed is welcome.
POWR Downtrending reversal, LONG $POWRAfter consecutive few days of down-trending, the wedge is reversal is bullish and will uptrend if the 6000 points break-out.
Power Diving to Support LineTypical movement from this cryto. its reached its ATH and now retracting down to its support at around 3000-4000. possible support at 4800, if power carries on diving down, wait for support to jump back in.
Look to get in around 4000 with profits taken at around 9000.
stop loss at 3600.
Happy trading and please be sure to give me a like if you agree or a add me if you enjoy my Analysis :)
POWRBTC still Have Power or Done?POWRBTC
new coin start draw his way and have major resistance at 0.00011849 so it have power for break it or she will fall again ? from current move looks will bounced again to 0.00008145 as first support break it mean get back to 0.00005622 then we can see if we should join or not
analysis for short canceled if power pass 0.00011849 and close above it will follow this levels
0.00013167
0.00014403
we ask Allah reconcile and repay
POWRBTC IdeaOk so I am looking for POWR to first dip down....hit support and then buy it on a turn around when it goes back up through my entry point. Risk to reward is right up my alley and I think POWR is a good coin...unlike a lot of others that are just whitepapers and social media hype. Trade safe!
My mistakes and what I learnt for POWR. Do my TA properly and realized i should not have been blinded by faith. Let the math speak and move one.
I lost.
But I will improve.
Buy: .00005707- .00006367
Sell:
1st target: .00007 (.786)
2nd target: .00008 (.618)
3rd target: .00010598 (.236)
4th target: .00012157 (above wave 3)
Stop: .00005172 (wave 1)
Approach used:
1. people.hofstra.edu
2. Fib retracement
3. Followed Elliot wave principle strictly
4. Elliot Five wave pattern
A wave is incoming. A big one. POWR run incomingBuy:
.000064 - .0000651
Sell:
.0000779 - .00009 - .00010 - .000113
Stop:
.000060
Holding for the long term looks good too.
- POWR team in and out of conferences.
- Solid team
- Working product
POWR may have (finally) found its bottomLooking for a breakout from triangle formed by 61.8% Fib and top resistance line of this very tough descending wedge.
POWR - Time to Reload? This is not financial advice, and so forth. Given my position and situation, I'm considering re-entering POWR .
We finally look like we're approaching a bullish MACD cross on the 4 Hour, which is when we saw our last major upswing occurred, however given POWR 's newness in the market, I'm hesitant to call new all-time-highs just yet.
We're bouncing off of a key Fib level, the 0.382 (0.00006315) with the 20 MA approaching. We also just touched an oversold RSI on the 4 Hour.
I'm looking for a confluence of these two things:
1) Price action meeting/rising above the 20 moving average
2) Solid bullish MACD cross on the 4 Hour
If we can see volume and bullish follow-through, combined with a little visit from the luck fairy on the FA side of things, I could see a POWRful movement.
*slaps knee*
Again, I'm very heartened by the fact that there's been no enormous, all-at-once-dump; it makes for a much more convincing case that we're on the second part of a wave.
$Powr - Riding the 1 Day Trendlineit's probably too early to tell, but from the looks of it. Power will begin it's consolidation on the 1 day support trendline.
Resistances are marked in the chart.
Candles have been testing the EMA 55 and the EMA 20 continues to ride above the candles. Expecting a reversal trend within the next couple of days.
IF the 1 day trendline fails, Expect to see Powr head down to 5000 sats.
I'm going long on Powr accumulating as much as I can.
Good luck and happy trading.
POWR STAR? do you see stars?? lolinteresting star formation. macd on the 4hr starting to turn up could see some growth in the next 24 hours!!
POWR buy opportunity Im expecting a bounce off the .618 fib during the C correction wave
Still a newbie in TA so don’t take this too seriously
was it a good prediction?I drew out these trend lines last night, adjusted them this morning. the two blue lines shooting up at my possible peek predictions. assuming that we dont trend further down.
