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POWRBTC

Power Ledger cup and handle for January/ February 2018This chart studies the magnitude of a previous move and used those proportions to hypothesise the magnitude of time and price of a possible move to the upside. January is massive for Power Ledger, Las Vegas CES, Richard Bransons top tech co.s, Doctor Gemma Green (co founder and chair) speaking at an event parallel to the World Economic forum in Davos Switzerland. I am expecting this exposure will attract bullish price moves and new investors. I am a huge fan of Power Ledger. The idea, vision, platform team and community are rock solid!
Long
by JustFish
1
Power Ledger ForecastPower Ledger - Current Daily candle needs to close at or above 0.00011600 to give a clean buying signal. It will form a reverse hammer position which will be a bullish sign for the coin for further uptrend. this is a short to medium term analysis based on the current situation. It has good support and resistance levels which can also make it range bound if the volume does not play its role. I will be a buyer if it takes out the previous resistance level of 0.00011600 or if it drops to 0.000083000/0.00007200, based on the current scenario
Short
by shaxrashid
POWR Ledger | New Coin / New Technology = Lots of GrowthPicking up some POWR during this dip. I like it here because we are close to the bottom of the channel. Me and many of my followers originally entered at 6.5k (original chart deleted by TradingView), but I believe this is a new good opportunity to accumulate. This is a mid to long hold for me. Short term upside looks decent as well. Although coin is currently at 6x the ICO price, the current Market Cap ranks it at only #72 among other coins. A coin like this should rank much farther ahead (I'll explain why in the fundamentals below). In addition, coin is not even $2 yet. These parameters indicate to me that we have a lot of growth ahead of us. Entries: Position at 9.9k, orders at 9.1k, and 8.5k Targets: 11.7k (major resistance), 15k, 19k Stop Loss: 7.6k -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fundamentals: I like to use different metrics when evaluating a coin. One important metric I like to consider is the sector that the coin is trying to tackle. Another metric is how far along a coin is to executing real projects, or how much backing it has. POWR is a coin I believe is in a very promising sector: Energy Blockchain. I could go into the technology benefits of having a decentralized network that can keep track of individual energy usage, and allows for peer to peer energy trading. Instead, I'll just link this article that states companies, including Shell and BP, are backing a blockchain powered energy trading platform: www.coindesk.com While POWR is not this specific platform, I included the above to show that this is a very valuable sector that big companies are showing interest in. POWR itself has the backing of the Australian government ($8 million grant), and is working with the biggest energy provider in Australia. This puts POWR ahead of most coins in terms of development and backing, while being in an a very valuable sector that could become global. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- As always, please feel free to ask me any questions you have. Always willing to have discussions with new and experienced people alike!
Long
by ecoinamist
4
Power Ledger Looking HorizontalWith the MA 50, MA 100, and MA 200 all looking very flat today, we will see if it will want to go back up into its respective channel. Yesterday POWR went into its bearish cloud and it may take a few days to see it emerge out of this bearish trend. With BTC falling this morning, we could see POWR go up through the week and with the numerous events POWR has going on this month, I believe it will eventually hit $2.75. If you want to read more on POWR in January: steemit.com
by PreSager
$POWR.X #cryptocurrency #POWRBTC flagging here for +15-20%POWR flagging here with an excellent risk/reward profile of ~1:6. Daily chart has reset as well, so with high volume we could test ATHs again. Worthwhile to trade/profit from the flag setup and retain 20% for potential confirmation higher. If you're not using Binance yet, you should give it a shot; rapidly growing platform with consistent updates and they're putting significant effort into building a stable, easy to use exchange. Using their token, BNB, lowers trade fees to 0.05%. If interested in registering, I would appreciate if you use my referral link: www.binance.com It helps me a little and your fees are still the same!
Long
by JustChartThings