POWRBTC trade ideas
Power Ledger (POWR) a new star is rising.BITTREX:POWRBTC
This coins is a very promising one, massive support from community and governments (Australia), if you didn't get any you should because it will become massive soon (already did an impressive move).
The down trend wave has just started so the final wave will start soon. A good point to buy back is 0.00005000 BTC. Unfortunately cannot be both with USD but if it does it will explode. I'm a little bit speculating how high the final wave will go since we do not have historical data but from my sources the target is expected to be $1 - $1.30.
The time will tell.
POWER LEDGER POSSIBLE MOVEMENTWith all the hype that's going on with this coin, it is still best to check a good entry.
Based on the RSI, this is going on a downtrend. But i believe this only down to the trend line or the MA. we can use the MA as support as well. longterm looks bullish given the team is putting up updates regarding their achievements.
unless this coin does't go parabolic, it is safe to wait to for a pull back before buying.
don't let FOMO hit you. be emotionless when trading and base decisions on the data. just a gentle reminder. :)
Power Moves OnlyPOWER has been on a rampage up! Recently, it reached about 9k satoshis; however, now, it is pulling back and consolidating.
This is my 4HR chart perspective:
Here are the signals I am acting on
ENTRY SIGNALS:
1HR candle close that breaks resistance/key resistance
4HR candle close that breaks resistance level
EXIT SIGNALS:
1HR candle close that breaks of support/key support levels
NOTE:
I emphasize the CLOSE of the candle.
DISCLAIMER:
This is just my opinion so take this advice at your own risk! Good luck and happy trading everyone! :]
Does POWR Have The Power?POWR is building a nice looking symmetrical triangle. Decision time soon. RSI is strong. Stoch supports upwards movement. Waiting for the price to close above the trigger with volume. Chikou span cross would be a great sign as well. On the flip side, this is still a very new coin and could just as easily tank.
PM me for entries, targets, and custom charts.
POWR Analysis - Confused Energy Needs To Sort Itself OutPOWR seems to have found a momentary bottom at the 0.236 Fib retracement level, and is now dancing along the 0.5 with some bearish energy on the 30 Min and 4 Hour timeframes. We're on the verge of a bearish MACD cross on the 4 Hour, with some bullish momentum on the Hourly.
I'm expecting a pullback to 0.32 Fib level before rallying towards our recent highs. We could push back down towards 0.236 if folks are stop loss hunting, but on the whole, I'm bullish on POWR .
If the bulls can exceed 0.0009145 in a shorter timeframe, we could see a follow-through of a reversed H&S pattern, but that would require a substantial amount of volume.