Power-ledger
Trade Recommendation: POWRBTCSignal for BINANCE: POWRBTC
New trading opportunity here:
Buy @ 0.00005148
Stop Loss @ 0.00004414 (-14.2%)
Take Profit @ 0.00006354 (23.4%)
Risk on the trade is 1%. Please let me know if anyone needs an explanation on how to calculate risk per trade using 3commas service.
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POWR (Power Ledger) Wait to get it.POWR is going wave 4. Prepare to wave 5, target sold at 100% of Fibonacci.
Wait to get it.
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PowerLedger LongSubstantial project with real world demand and successful partnership trials already underway. Longing in the demand zone around 8600-8300 and holding until ~33000 (2.618 fib extension).
Great undervalued project at only 300m USD with a potential growth to >10B in coming years in the 10 trillion USD energy exchange market.
Entry: 8500 sats
Exit: 33000 sats
Stop Loss: 7780 sats
Powr ledger a solid pick for 90-152% profit potential.Hi guys,
heres a favourite of mine, a fellow aussie coin called powr :)
Power Ledger is an innovative way to manage power consumption, with their powr and sparkz mechanism.
Buy: 8650 - 9500 sats
Sell: 16450 - 17500, 21800 - 22800 sats.
This project won't really take off until mid to late 2018 q3-q4 area with an absolutely packed 2019.
Some Fundamentals:
The blokes at power ledger are in the finals at the Extreme Tech Challenge, meaning that a lot of developers and large companies, such as the sponsors of the event - Cisco, Samsung to name a few gain exposure to this great coin and great team.
Mind you Extreme Tech Challenge is led by the very famous Sir Richard Branson, who is a very influential and powerful man.
Dr. Green the cofounder and chair of powr ledger will be hosting a talk at the Inspiring Leader's Summit, again improving Powrs exposure to the community.
Powr's timeline look to be gradually completed over the course of the next year and year after.
Technicals:
To me, it looks like POWR has completed the first 5 waves of the first cycle and looks to be close to finishing the correction in the 2nd corrective cycle.
The Second wave had retraced perfectly down to the 0.618 levels and looks to be ready for the next leg up, starting the 3rd impulse wave, usually the longest and the greatest wave.
Using fib extensions we tentatively set a sell target at the 1.0 extension and at the 1.618 extension ratio for our second target.
Keep in mind this is a long term projection. It won't reach this in a few days or weeks (wait nvm, its crypto you never know), but do be patient :)
Im still new to this technical analysis stuff, still learning elliot waves and fibs. I welcome all critics. So go ahead and grill me :)
**Keep in mind the tether situation! It can and will bring the whole market down if it is a scam and thus my analysis and almost everybody elses analysis are redundant**
Power Diving to Support LineTypical movement from this cryto. its reached its ATH and now retracting down to its support at around 3000-4000. possible support at 4800, if power carries on diving down, wait for support to jump back in.
Look to get in around 4000 with profits taken at around 9000.
stop loss at 3600.
Happy trading and please be sure to give me a like if you agree or a add me if you enjoy my Analysis :)