POWRUSD trade ideas
Retested support at the top of the triangle and bounced up.Where do you see us going, we have now flipped resistance to support.
Power Ledger looking ready!Power Ledger $POWR, looks ready to make moves higher, FA it is solid, TA wise looking a lot more bullish to me and looks to have finished bottoming out... Thoughts?
POWR respects fib zones, making higher lows TA: POWR is making higher lows and retracing higher of fib zones.
Fundamentals: Market cap $40M. POWR is a peer-to-peer energy exchange platform. It aims the consumer select their source of power.
Qualitative: The "the green shift" is on everybodys lips. Public companies get bid up as money managers search for green investments. Younger generations are striving for a cleaner world for their children.
POWRUSD future seller electricity is sell use moneyPOWR no use money transfer, for cumulative electric bill give seller electricity, and use invest generator electricity
POWRUSD is project sell energypoint sell, point buy, should be down keep in money country, after that come back to buy again
Powr long. I've had a few wines. I made this chart 1.5 months ago. Take it for what it is, or I couldn't give a f***. Take a look at my last chart on Powr if you think I have no idea. I trade XBTUSD for 7.8% profit, 3 times a day - and I dont transfer my portfolio into POWR for no reason. Especially out of bitmex with their transfer window right on par with the opening of the American market. Good-luck, have fun and be sure to check out the fundamental business case of POWR. Dont get caught up in technicals too much. Otherwise you are just as good as the bots.
PS this chart was made for me as instructions in case I doubted my self or forgot entries. Work it out for yourself or ask me questions. Happy to answer.
Power Ledger / USD - DailyShort term forecast
Looking for a clean break above 0.663 / within April-May
TA: POWR has been consolidating for a couple weeks between 0.053 - 0.063 and the longer
it tightens within this range, the higher the probability of a volatile move when it finally breaks out.
An ascending triangle has been forming over the last 5 weeks and as per history, larger time frame triangles lean towards
having a fairly decent hit rate, particularly in the crypto space. In comparison, the BTC pair for Power Ledger is also
tightening significantly more and is a prime time to enter for some longer term HODL positions or swing trades.
An entry at these levels would be more ideal for Swing / HODL plays, as day trading power ledger would
likely lead you to exit prematurely and increase the opportunity cost against you.
FA: Power ledger has been showing support strength relative to other altcoin projects and has been
showing less volatile movements during times of fear and panic. This is often characteristic in the higher
quality altcoin projects. Most recently, Power ledger has partnered up the French Energy retailer ekWateur,
which will be the largest 'choose your own energy source' project in the world.
Always DYOR & keep risk managed :)
*Disclaimer: The above analysis is an expressed opinion only and should not
be confused as professional financial, investment, trading or legal advice.
POWR - R ZonePOWR has recently shown nice momentum off the Italy news. Been watching this project for many a moon. One of the few crypto's out there with a real use case and the top crypto in the energy space. Price has entered it's resistance zone from .105 to .135. If it manages to clear the .135 level there is very little volume resistance ahead. Keep this one on your radar.
POWERSup cryptomaniacs
Power is about to go full throttle to the recent high, holding lots my self!
Keep the risk managed!
Cheers
RSI bullish divergence delivering results. Breakout of wedge!POWR has shown steady buying volume accompanied with large spikes throughout its retracement since 2017. After months of stabilisation around the 3.5 cents range - a very evident divergence on RSI (confirmed on all time frames) is now delivering the outcome that the books talk of. The falling wedge has played out perfectly, with breakout at the 90% region. Soon the algos will notice this and I expect a sharp spike in price. Price will need to retest the wedge, so you will find a buying opportunity there if you want to get in lower.
Fundamentally - POWR is kicking goals and has not stopped doing so since the float of its token. Multiple completed projects through the aus-Asia and pacific region, accompanied with a active and ever-growing team.
I'll be swinging this to my Target 3 - Approx 220%. I will re-assess, but will most likely remain in my position for an extended period. This is a gold hold.
POWER LEDGER has reached the bottomFinnally bottom has been reached. I'd expect POWR/USD to finally start gaining some value, agains both, USD and BTC.
POWR - breakingPOWR has broken out of it's 4 hr symmetrical triangle on volume. Looking for a run to resistance at .128 then .135 in the short term.
#POWR/USD: An upcoming short term bullish trend! #POWR/USD price setting higher support level signaling an upcoming bullish momentum in the short term for the energy blockchain token. The price set a new support level at $0.11334278 USD and crossed the upper support level at $0.11450243 USD. The Stochastic oscillator is currently in the oversold region (19.02) signalling a short bullish trend on the POWR/USD pair.
The chart also shows a double top formation which will be confirmed once the price crosses below the lower support level (marked with a purple arrow) at $0.11182075 USD. A cross below this price point offers an extremely bearish signal towards a new support level at $0.10645700 for investors in $POWR.
Add more $POWR!
$POWR in an ascending triangleIf this isn't an ascending triangle I guess I'm seeing rhomboids.
Another retest of the bottom support of the triangle before the upside green target?
Or straight through?
In at the dotted line...
POWR - symmetrical triangleClose eye on POWR for a break out of the symmetrical triangle. Near term support is .093. Watch that area for short term bias. Any break above .11 should be bought with stops at 0.92
POWR - channel topPOWR is trading at the top of the resistance channel. May consolidate here nfor a bit but any break above .096 should be bought with stops at 0.84. Looking for a 23% target gain to .12 on a break higher.
XZC, OMG,POW,DASH price target 2019XZC, OMG,POW,DASH price target 2019
Just some of my where-is-the-bottom scenario for all altcoins
XZC(Zcoin) : Target $1.5 ( 2016 price )
OMG : Target $1.12 | $0.32 ( presale price )
POW (Power Ledger ) : Target $0.0838 / $0.044
DASH : $46
If bear market continue, we might see these price after parabolic capitulation sometime in the future ( BTC reach $1200-$1500 )
POWR - dip nibbleThis remains one of my favorite cryptos. No reason to buy other than the extreme oversold conditions in this and the overall market. Can it go lower? Sure, but dollar cost averaging at rsi oversold levels is always a good idea if you believe the project/crypto has long term legs. Ravencoin and Cloakcoin are others I continue to accumulate for longer term plays.
