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POWR

$POWR : The australian crypto company.POWR/BTC is putting in a nice cup & handle structure here with a possible bounce off the 0.5 fib. Maybe coincidence but the measured move of the cup and handle is the 1.618 extension also. As long as we can continue to hold this nice uptrend thats developed on the 4HR and BTC does not do anything to crazy this could breakout. Beware of a liquidity grab/shakeout at 890 or so. If we hold this level then im bullish on this short term, stops from the current uptrend will be located there. But if we close under 890 then i expect it to dump off a bit, but as long as we hold this structure of the possible symettrical triangle i am bullish on POWR, invalidation is if we close under that support its around 7400 or so.
Long
by Worth_The_Ri5k
Power Ledger Reaches End Of Retrace, Uptrend To ResumePower Ledger (POWRBTC) retrace is coming to an end, according to some early signals that I am getting from this chart. First, we had a very strong bullish wave followed by a retraced, POWRBTC found support exactly at the 0.786 Fib. retracement level for the last bullish wave. We can also see EMA200 being conquered only to later be tested as support. Since the support held, now we can expect POWRBTC to move up and test the next resistance. EMA100 was also tested and held as strong support. The trading volume is really low on the drop, signaling that the bears are not powerful here. With a long-wick now and prices moving above EMA10 and EMA50, if the daily candle closes strong, we can expect Power Ledger to continue higher... I've marked one target for your convenience. This is not financial advice. Namaste.
by AlanSantana
12
POWRBTC Is She Gone Pop?Despite all the blood in the market, POWR has held ground after a large spike in volume. Currently POWR looks good, and a bullish pennant in the short-term and cup and handle over the last 12 months with this surge in volume creating the handle. All I am waiting for is volume, which historically results from money comeing out of BTC when in a bear run into promising altcoins. All I'm waiting for is WAE confirmation for a discretionary long. Let's see what story time tells
Long
by ActionBronson
Power Ledger Can Continue Growing, Looking BullishPrices for POWRBTC (Power Ledger) are now trading above EMA300 and looking like more upside is possible. If we look at it weekly, we can easily appreciate all the room that is left available for growth. The next target on the weekly timeframe for POWRBTC is EMA100 at 0.00002394 for 110%+ in potential profits... The trading volume is really high, this is the beginning of the bull phase for Power Ledger. Namaste. Previous analysis |Sep 24, 2019 | PowerLedger (POWR) Suprise 145% Move | Next Comes 380%+ Profits?
Long
by AlanSantana
4
Power Ledger Breaks All Resistance, Where Will It Go Next?Let's start by looking at the long-term chart for POWRBTC (Power Ledger), while we keep it simple... Look at the green arrow: The high volume and growth after closing above EMA10 is the main signal here, POWRBTC is ready to change trend. Now, looking at the main chart above, the daily timeframe, we can see that POWRBTC conquered all EMAs until it hit EMA300 (grey line), here prices stopped and started to retrace. This is simple. If prices move and close above EMA300, we can see POWRBTC go straight up like many altcoins are doing. But if instead this level can't be broken, prices will move lower just to move back up with more strength. Thanks a lot for reading. This is Alan Masters... Namaste.
by AlanSantana
8
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.
BINANCE:POWRUSDLong
by DistractedTrader
2
BTCUSD Bybit Chart Analysis for January 16th (This analysis was written in the morning. I think , Determining that all risk areas have been eliminated, I entered the long position. Today only operate long positions today. and ,Notice the blue finger at the bottom.) Hello, it’s BitcoinGuide. It is said to have violated the Trading View policy yesterday. So I couldn't write an analysis. 24 hour penalty. Don’t forget to press “Likes” and “Follow” me. I will begin BTCUSD Bybit Chart Analysis for January 16th This is for yesterday. The price drastically fell, however, it followed the original route. The price did not fall until the revised entry point. Accordingly, the wave lacked power to break through the previous high. And it ended up with drifting sideways. I entered long position in the midst of time. I was so tired as I had to give you information. So I just closed the position shortly. Congratulations for those who made profits. Lastly, in the morning, the price went down below the orange supporting line. This is 4H chart. The price could not break through the previous high. And MADE Dead Cross is about to come out. As a whole, the uptrend is strong and, I previously mentioned several times that the price does not fall strongly when it is on the red cloud. In order to fall heavily, rather than this signal, It comes down strong when the price makes a detour and the cloud changes from red cloud to green cloud. For those who only simply look at indicators, You should refer to the movement this time and try to understand the entire trend. Today’s strategy. As the price broke both high and low, it is expected to be drifting sideways. It is long position strategy. I will make it brief. Following the arrow, right at or near the smile face line, you would be able to open short position. If the price touches smile face line, you can keep your long position. Lastly, you should close the position at the final big smile face line. I’ve mentioned the final long position entry point. Also, according to the Bitcoin trend, It is rather good to operate altcoins other than major altcoins. I would like to recommend a "POWR" at the Bitcoin long position entry point. I’ve recommended one item at our chat room. Hope you have a good day. I will see you on YouTube. Thank you. (Translation Jae Ho Shin)
BYBIT:BTCUSD.PLong
by BitCoinGuide
4
January 16 BTCUSD Bybit Chart Analysis (This analysis was written in the morning. I think , Determining that all risk areas have been eliminated, I entered the long position. Today only operate long positions today. and ,Notice the blue finger at the bottom.) Hello, it’s BitcoinGuide. It is said to have violated the Trading View policy yesterday. So I couldn't write an analysis. 24 hour penalty. Don’t forget to press “Likes” and “Follow” me. I will begin BTCUSD Bybit Chart Analysis for January 16th This is for yesterday. The price drastically fell, however, it followed the original route. The price did not fall until the revised entry point. Accordingly, the wave lacked power to break through the previous high. And it ended up with drifting sideways. I entered long position in the midst of time. I was so tired as I had to give you information. So I just closed the position shortly. Congratulations for those who made profits. Lastly, in the morning, the price went down below the orange supporting line. This is 4H chart. The price could not break through the previous high. And MADE Dead Cross is about to come out. As a whole, the uptrend is strong and, I previously mentioned several times that the price does not fall strongly when it is on the red cloud. In order to fall heavily, rather than this signal, It comes down strong when the price makes a detour and the cloud changes from red cloud to green cloud. For those who only simply look at indicators, You should refer to the movement this time and try to understand the entire trend. Today’s strategy. As the price broke both high and low, it is expected to be drifting sideways. It is long position strategy. I will make it brief. Following the arrow, right at or near the smile face line, you would be able to open short position. If the price touches smile face line, you can keep your long position. Lastly, you should close the position at the final big smile face line. I’ve mentioned the final long position entry point. Also, according to the Bitcoin trend, It is rather good to operate altcoins other than major altcoins. I would like to recommend a "POWR" at the Bitcoin long position entry point. I’ve recommended one item at our chat room. Hope you have a good day. In relation to time, I will rest FX analysis. Please understand. Thank you. (Translation Jae Ho Shin)
BYBIT:BTCUSD.PLong
by BitCoinGuide
2
Why I have deferred from making cryptocurrency charts latelyAs you can see POWR has made little to no price action, disregarding pump and dumps over the last few months. This is just one example of many in this current bearish market. No trends can be drawn from these markets and it is EXTREMELY difficult to draw a conclusion regarding where the price is heading. Experienced traders, pump groups, and ones with large amount of capital may capitulate on this trend lacking opportunity to ‘beat the market’. Always make a personal fundamental analysis of a coins potential before investing, as fundamentals in future will play a big role in deciding these coins prospects. With time more patterns will emerge.
by Bixley