POWRBTC trade ideas
PowedLedger short term tradePOWR just bounced off the rising uptrend.
First targets 8k - 9k depending on breaking out of the triangle.
Stop loss just under the rising uptrend. Stop loss can be adjusted each day.
POWR on the riseUpdated the trend lines.
expect it to bounce between 7000-8000 before the next break out
POWR and their mistake.Lesson of the day:
1) Never excite the public with "announcements" or hurt your company growth.
2) The market will correct you
has POWR taking a TURN for the Better?Need another bottom end green candle to hit the bottom trend line and set up for a rising trend.
the community and still very hopeful and bullish on POWR i do expect this to pick up and soon...
but will it be today???
waiting for BTC to really settle down.
over 30 billion entered the crypto market over this past weekend, once BTC starts to consolidate we should see that 30Billion move its way into the Altcoins!
Powr looking goodJust an update, for those following powr. I picked up this coin right as it hit bittrex. I feel they have a great potential in the long run. With an already adopted working product, or the talks about future deals with the a Thia power company and India tech giant for 450 micro grids.. This token Is breaking records for 2017. Keep an eye on this one I have a feeling it will go well above $2 buy Q2- 2018
PowerLedgerWaiting to see if PL breaks below support of the descending triangle. If so, expecting a bounce off of the .618 Fib on the 1 hour. The coin is to new to chart the daily IMHO.
PowerLedgerWatching this coin see if it breaks descending resistance. If so, the next support is the
POWR - Searching For the BottomIf you haven't read the POWR white paper, do so.
After reaching all time highs just shy of a dollar/0.00011757 satoshis, POWR continues to consolidate. At present, we've retraced ~34% from the peak.
We're looking good on the 4 Hour MACD, with the RSI trending toward oversold conditions, but don't be surprised if the bears test the 0.236 Fib level (0.00007116) before we get a bullish cross.
We have a possible bottom at 0.00007617, which falls between previous support (0.00007837) and the 0.382 Fib level (0.00008004). That's no support to laugh at, but we need to see a close above 0.00008549 on the 4 Hour to shake the downtrend, and the bulls need to set a lower high before I'm going to buy again.
This assumes some sideways consolidation. If we continue to lower lows, I'll update it then.
power shot or moon ?correction wave still active
set buy order for fibs resistance
//stop loss under 5,5k
target as shown well see what
market speak
PowerLedger possible elliot wave formingPowerLedger might be forming elliot wave. Targeting fib 1 level.
$POWR - 66% PROFIT TARGETBest to wait and buy at support (for safer entry, set buy right above 8 just in case), set stop loss (just below 7 just in case) and target.
abc correction on POWRafter new high
we expect from market
some downward move
its good opportunity to set buy orders near 8500
long possition close above
confirmation massive bullish on POWR news after huge gains
check correlation with bitcoin to analise
Power Ledger good re-entry point?RSI, MACD and OBV all points to oversold. Also price is at strong support point. Let's see if it bounces back from here.
POWR - Major support level - BUYThere's an important announcement about the expansion of power ledger in Thailand tomorrow and at the current oversold levels and major support reached this is an ideal time to buy POWR before it goes for another run.
ANALYSIS: BUY @ 8,300 - 8,500
STOP LOSS 8,100
RISK: 2/5
AIM: 10,000
