POWRUSD POWERLEGERBig sell off to scare people out of the market. It will likely move higher to 70c and then to 90c. Big long term triangle. A crypto that is already being used in multiple real life, renewable energy projects in Australia and India. Trading renewable energy instead of buying power from the grid is a realistic future.
POWRUSD trade ideas
POWR - Powerledger Ascending triangle Powerledger is one of the few crypto currencies with huge potential. Rather than just being a community meme coin, it has already established itself in the renewables sector - a billion dollar, real-world industry. This means it could be a fantastic investment option with stable, long term growth. From a Technical Analysis viewpoint, the chart is also looking potentially very good. A possible ascending triangle that has been in the making for several years. A break out of this ascending triangle could result in a nice move to the upside. With a low marketcap, I think this crypto could easily move upto $2 in the near future.
Long POWRWith BTC stabilizing above support, I think it goes to 70k next. This will drag ALTS up along with it. I am going to start dipping back into some of the previous positions which I was stopped out of with all the volatility. One such position was POWR. I like POWR here above the VRVP PoC and above that long-trending RSI support. I don't know if it will go to a dollar again but that will be my final target rn with profit taking along the way. Entry was .38 with a SL of .29 for a rrr of 7/1.
POWR Getting ready for a breakoutHighly volatile POWR coiling up for a breakout. If we get above current resistance get ready for a push to the next high of 0.52 and then to 0.77 area.
✴️ Power Ledger Last Chance (444% Or Much More!)This is the final chance... Well, not really!
This is the last time though that I post Power Ledger (POWRUSD) before the major bullish move.
I already shared for your convenience multiple trade ideas for this pair, including POWRBTC.
Notice the rising volume... It is a trend.
The highest volume came in late September... Sounds familiar?
Prepare for massive growth, really huge, something not seen in years or maybe ever.
The 444% potential mapped on the chart and title is just that, short-term, easy, there will be more, much more.
Namaste.
Going Long POWR - Multiple Targets - 40%+ PPProfit potential on this trade could be up to 40%+ on this trade. I like POWR in this bull triangle nearly ready to exit and launch. I've entered here and will exit 50% of my trade at target one around 35 cents. I will then move my stops up to around 32 cents and let the rest ride in hopes of tagging that final target at 41 cents or so.
This is just the way I am doing it. Not fin advice.
Stewdamus
THE POWERPower is looking pretty damn bullish in my opinion. we have seen the massive retracement from and ATH of $0.88 and all the way down to $0.1178 now sitting around $0.2931 we can see a strong push like these other alts have been seeing this past month up to a minimum of $0.6
potential scalping to be done around $0.36 -- $0.42 but overall bullish on POWER
take the profits and stack bags for XRP to be taking off while it moves very small moves but has created a inverse H&S pattern.
looking at the blue line curving up as support so always a possible pullback but the overall trend is pushing upwards.
Good luck and have fun with it
POWRUSDT with trendREASONS TO HOLD POWR
1. W frame MACD is in the positive area
2. The price has broken the bearish structure with wave I, currently wave V is accumulating, correcting, preparing for wave N to reach the $0.8-1 range.
3. The RSI strength index is above 50, showing that the Bulls are excitedly preparing to push the price
4. Current trend (Trend) is increasing
Conclusion: swing the Powr trend depending on the situation
*** Focus on the risks, not the rewards.
Cut your losses and control your risk. Remember about risk management and never ignore it.
#POWR to 0.35$?Hello dear Traders,
Here is my idea for #POWR
If price keeps pushing above yellow line (previous month high), scenario gets activated
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
Powerledger (POWR) formed big Gartley for upto 451% pumpHi friends, hope you are well and welcome to the new trade setup of Powerledger (POWR).
Previously we had a nice short term trade of POWR:
Now on a weekly time frame, POWR has formed a bullish Gartley pattern:
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
POWR is resuming its Daily upward trendPOWR has recently broken out from its lows in a violent uptrend
It sold off but kept its upward slope
A good entry would be about $0.55 this could go as high as $1.00 just based on the chart in the next week or two
This appears to be loosely correlated or inverse correlated with Bitcoin
Pay attention to bitcoin when trading this
Powerledger (POWR) can hit the resistance of channelHi friends, hope you are well and welcome to the new update on Powerledger (POWR)
Big channel:
On a weekly time frame, price action is moving in an up channel. Recently Powr has also tested the support of weekly EMA 21 and bounced well. There is a $70 resistance, if the priceline of POWER breaks out this resistance then the next move can be at least up to the resistance of this channel.
Broke out wedge:
On a 4-hr time frame, POWER has broken out a falling wedge pattern.
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
POWR Long: Uptrend & holding Market StructureSUMMUARY: Long, liquidity is improving for POWR, especially since its' Coinbase listing and is still in a bullish uptrend - above the EMAs.
Mkt Cap is currently $230m, and would not take much interest to push valuation higher.
POWR continues to expand its use case in Europe.