#POWER/USDT#POWER
The price is moving within a descending channel pattern on the 4-hour frame and is expected to rise after it has been largely committed to it
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 1900
We have a trend to stabilize above the moving average 100
Entry price 0.1920
First target 0.2046
Second target 0.2176
Third target 0.2346
Powerbtc
#POWER/USDT#POWER
The price is moving in a bearish channel on the 12-hour rem and is largely committed to it
The price rebounded well from the green support area at the 0.2600 support level, which is a strong level
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold saturation on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 0.3000
The first target is 0.3717
The second target is 0.4100
The third goal is 0.4543
$POWR is building SOMETHING GREATPOWR is building the operating system for the new energy marketplace POWR token helps people transact energy and trade environmental commodities within the POWR ecosystem so we can see its future of green energy.
Technically POWR is on a horizontal support level also having a trendline that supports a big jump is much likely to happen.
Build your position in it before breakout for a handsome profit in short term.
Power PumpHey,
Here is my basic chart with power - it just retraced and I think it is going to push itself to test the resistance its following in the channel. Stop loss no lower than 4000 and the goal would be 5000 sats.
I aint your financial advisor just a homie tryna help on the down times.
Lets make these bitcoins
Strong Support power btc must Buy (power btc price analysis)hi friends
as we can see the similar pattern forming in power btc chart its bounce so many time from that 3800-4000 sats support level now we can see that support is attracting buyers and this can be a good entry level
entry lever 4000-40100
take profit 4400 sats
Good Luck
Power Ledger POWR BTC Forecast - PennantPennant seems to be forming on POWR chart. Chart shows converging bullish movement however it lacks volume. If it gets the right volume, targets are as follows:
Target 1 8600
Target 2 9000
Target 3 9400
Support stands at 8,000
Resistance at 8,400
This is not an investment advice, always do your own research.
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**