POWR/USDT Breakout Alert | 👀🚀Is it Ready to Rally?💎Paradisers, zoom in on #POWRUSDT as it displays impressive market activity. #PowerLedger recently tested resistance at $0.526 and has retested solid support at $0.271.
💎If #POWR holds firm at this critical level, we could see a continuation of the bullish trend. This positive outlook is underscored by #POWR’s strong showing above the EMA, hinting at further upward movement from this base.
💎On the flip side, if #POWR finds it challenging to stay above $0.271, it might signal a time to adjust our strategies. But when this support weakens, your sights must be set on a potential bounce from the lower demand zone at $0.226.
💎A drop below this subsequent support could signal a shift to a bearish trend, prompting us to rethink our positions.
💎Keep sharp and adaptable, Paradisers. The ParadiseTeam is diligently analyzing the trends to provide you with key insights, ensuring your trading decisions are both strategic and informed.
POWRUSDT trade ideas
Long trade position POWRUSDTTest your analytical skills in the tradingview simulator with virtual money to become a professional. In spot trading, I will specify the entry points, loss limit and profit limit for you! The conditions for entering the trade and our strategy are as follows, when you notice that the market trend is increasing and at least two green candles close above the entry point in fifteen minutes, you can enter the trade from the beginning of the third green candle. Be patient and don't rush to enter! After the price reaches the first target, move your stop loss below the first profit limit so that if the price reverses, your trade will be closed with profit. Repeat the above strategy to continue the price targets shown on the chart. If the price reaches or falls below our loss limit before the above condition, entering this transaction is invalid because it must be re-analyzed and the new entry, loss and profit limits must be determined. Note that the market trend is formed with clever tricks by the market maker, so even the most powerful analyzes may be invalidated. The only thing we can do is to surf the waves and stick to our strategy so that while taking care of our capital, Let's make a profit. These exercises will make you experience profit and loss with virtual money in the real market and improve your analysis and personal strategy. Know your fear and greed and gradually control them so that your business becomes profitable and you suffer less loss.
#POWR/USDT#POWR
The price is moving in a 1-hour horizontal triangle and we have a green support area at 0.4444
We have a higher stability moving average of 100
Now we have a nice breakout coming up
Our RSI indicator has a well reliable upward trend
Entry price is 0.4690
The first target is 0.5014
The second target is 0.5612
POWR Ledger is going crazy, 10x still possible?POWR by Ledger is a very promising coin, as Ledger is one of the most popular crypto hardware wallets in the world. Fundamentals are pretty strong, and there is no doubt that this coin is going to continue in this promising uptrend. We are in a parabolic phase, so do not expect strong corrections. 10x is, in my opinion, still very possible if you buy the coin now. We can see that the bullish volume is relatively strong. I am expecting an all-time high in 2024 very soon. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
POWR - $0,75 / $1,20 - profit 156% / 310%POWR is at the end of correction Elliot wave a and can potentially go back to $0,75 / $1,20 which is potential profit of approx. 156% / 310%. The current price looks very oversold and the Redk Everex indicator which is a combination of RSI, MACD and Volume is going up so the downtrend might be over for the short term.
Unlocking Profit Potential: #POWR/USDT Technical Analysis#POWR/USDT pair:
Technical Analysis:
Trendline Support: POWR is currently above a strong ascending trendline support, suggesting a bullish trend.
Rebound Potential: The trendline support indicates the potential for a rebound in the price.
Entry Point:
Buy at CMP: Consider buying at the Current Market Price (CMP), taking advantage of the current position above the ascending trendline support.
Additional Entry: Add more positions if the price drops to 0.3833, using this level as an additional buying opportunity.
Target Prices:
Set specific target prices at $0.45, $0.47, $0.54, $0.62, and $0.74. These levels represent potential profit-taking points as the price moves upward.
Stop Loss (SL):
To manage risk, set a Stop Loss (SL) at 0.36. This level is chosen to limit potential losses in case the market doesn't move as expected.
Risk-Reward Ratio (R:R):
The Risk-Reward Ratio is mentioned as 1:6. This indicates that for every unit of risk (1), there is the potential for six units of reward. A higher R:R ratio is generally considered more favorable for traders.
Cautionary Note:
Emphasizes the importance of using leverage cautiously and aligning it with individual risk tolerance. Using leverage conservatively is recommended to minimize the risk of substantial losses.
Reminds traders to conduct their own research (DYOR) before making any trading decisions, emphasizing that the information provided is not financial advice.
In summary, the recommendation suggests a bullish stance on #POWR/USDT based on the strong ascending trendline support. It provides specific entry points, target prices, and a risk management strategy, while also urging traders to exercise caution, especially with leverage, and conduct their own research.
PowerLedger (POWR)On the above 3-day chart price action has corrected by 90%. Today is great long opportunity. Why?
1) You know why.
2) RSI and price action resistance breakout.
3) Price action double bottom.
4) Price action prints on past resistance since breakout. Look left.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Now, don’t sit on your hands.
Return: Will say elsewhere
Mock Up Price Action for POWR | Near-Mid Term (12HR)Mock Up Price Action for BINANCE:POWRUSDT | Near-Mid Term (12HR)
- Watching and waiting for opportunities to enter short
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Expect an impulse exit into long with the removal of liquidity. LONG #POWRUSDT
30m TF. The instrument is in the game, is in the growth leaders and is trading at increased volumes, the traded volume per day is more than 600m, after an upward movement it entered consolidation, as a result of which it formed a resistance level on a round number and near VAH, large prints for purchase and density in the glass at the level, ideally I want to see a local trade and one more touch to the level, with a smooth approach, compression and an increase in activity in the glass, I expect an impulse exit to the long with the withdrawal of liquidity beyond the level. The target is 0.6800