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POWRBTC

POWR Update...Long--but watch for the pump fakeSince this correction, my POWR portfolio has taken a punch. They say don't trade corrections, but if you're in you're in. Out the market or in the market. With that said, my POWR position has been slightly more aggressive due to the riskiness I see in its chart. Initially I had a leading diagonal, followed by an ending diagonal (indecision, very wavy). You can also clearly see that POWR Ledger is still inclining . And that's going way back, to November 2017--before the correction. Assuming POWR trades technically, risk/reward doesn't even need putting on the chart. Hence my Long position and slight aggression ;-) --longmoney
Long
by longmoney
5
Way to the Support Level. POWR tokenPOWR token price has recently broken below the 100-Day EMA line. Continuing the falling trend, the stock price will testing the strong support level at 6.5k. MACD is also below the zero centerline, indicating a bearish trend. The RSI indicator indicates that the token is near oversold territory on price charts. Currently the RSI is at 28 indicating the oversold area. However, the signals from RSI and Bollinger bands are strong, hence the token price is likely to remain below 20 day moving average resistance line.
by LudwigStirner
Power Ledger (POWR) - Profiting Off The Unconventional [Feb2018]INTERPRETATIONS BINANCE:POWRBTC is an ambitious project that democratizes power and electricity. Although promising in its future success, the project will not likely begin to yield significant progress and contribution until there is stability and universal acceptance of cryptocurrency as a whole. Despite POWR's secondary/tertiary stance & inability to provide in the short-term, its foundation and future promise will help keep the project relevant and competitive. This delivers opportunity for investors to enter a position with lowered risk. BUY SIGNALS -Pitchfork support test -RSI heading upward -Green cloud buying pressure CAUTIONS & CONFIRMATIONS -Double bottom possibility enforces upward momentum -T&K cross to be tested -Price-Cloud Bear entry (awaiting price to reverse w/successful challenge or outbreak below) POSITIONS Entry @ 8020
by FILOVIRUS
5
POWR/BTC Volume Analysis Prediction 2/7/2018Power coin made a false break down of strong supoort level 6485. Also the price break out the trend line. On intraday chart we have a strong bullish trend. In summary, buy priority with a great potential. Trade recommendation: Entry point: 7890 (buy limit), 8602 (buy stop). Stop: 7349 Target1: 9850 Target2: 10900 Target3: 11700 Glossary of terms Point of Control (P O C) – The price level for the time period with the highest traded volume . Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion. Balance - Accumulation Area.
Long
by mooncatcherpro
PowerLedger - Counting Waves - All boxes mark corrective patterns. --> Red boxes are correction of primary --> Yellow boxes are correction of cycle *I labelled the degree of corrections next to each box. Short/medium targets would be wave 1-2 fib ext. of the cycle. Stoploss: if we go below the assumed finished correction of the first subwave wave of the third cycle. (ie, the red box on the very right) Giving us an absurd risk/reward ratio of 14! I will take the trade. AL.
Long
by someone514
3
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**
Long
by EnZo
PowerLedger VS Bitcoin New All-Time High?PowerLedge started an uptrend after it tested 2600 satoshi low on the 8th of December. Price consistently went higher producing higher highs and higher lows. POWR/BTC even managed to break above the previous all-time high at 11.8k satoshi reaching a new high at 14.2k satoshi. On a corrective wave down it rejected the previous resistance at 7600sat, that has been acting as a support. Yesterday PowerLedge once again attempted to break below this resistance but failed as it only managed to produce the spikes that went lower, but no definitive breakout has been recorded. Not to mention, that price rejected the 4/1 Gann Fan trendline. This could suggest that POWR/BTC might continue going higher where the next upside target is seen at 15.5k sats. Break above that resistance should confirm further strength and should send it much higher, therefore that level should be watched closely. On a downside note, only a break and close below the 6.4k sats could invalidate bullish outlook.
Long
by CryptoPAMM
2