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POWR

POWER LEDGER POSSIBLE MOVEMENTWith all the hype that's going on with this coin, it is still best to check a good entry. Based on the RSI, this is going on a downtrend. But i believe this only down to the trend line or the MA. we can use the MA as support as well. longterm looks bullish given the team is putting up updates regarding their achievements. unless this coin does't go parabolic, it is safe to wait to for a pull back before buying. don't let FOMO hit you. be emotionless when trading and base decisions on the data. just a gentle reminder. :)
by laocreates
7
POWR Analysis - Confused Energy Needs To Sort Itself OutPOWR seems to have found a momentary bottom at the 0.236 Fib retracement level, and is now dancing along the 0.5 with some bearish energy on the 30 Min and 4 Hour timeframes. We're on the verge of a bearish MACD cross on the 4 Hour, with some bullish momentum on the Hourly. I'm expecting a pullback to 0.32 Fib level before rallying towards our recent highs. We could push back down towards 0.236 if folks are stop loss hunting, but on the whole, I'm bullish on POWR . If the bulls can exceed 0.0009145 in a shorter timeframe, we could see a follow-through of a reversed H&S pattern, but that would require a substantial amount of volume.
Long
by fittsjk