POWRBTC
Power Diving to Support LineTypical movement from this cryto. its reached its ATH and now retracting down to its support at around 3000-4000. possible support at 4800, if power carries on diving down, wait for support to jump back in.
Look to get in around 4000 with profits taken at around 9000.
stop loss at 3600.
Happy trading and please be sure to give me a like if you agree or a add me if you enjoy my Analysis :)
POWRBTC IdeaOk so I am looking for POWR to first dip down....hit support and then buy it on a turn around when it goes back up through my entry point. Risk to reward is right up my alley and I think POWR is a good coin...unlike a lot of others that are just whitepapers and social media hype. Trade safe!
$Powr - Riding the 1 Day Trendlineit's probably too early to tell, but from the looks of it. Power will begin it's consolidation on the 1 day support trendline.
Resistances are marked in the chart.
Candles have been testing the EMA 55 and the EMA 20 continues to ride above the candles. Expecting a reversal trend within the next couple of days.
IF the 1 day trendline fails, Expect to see Powr head down to 5000 sats.
I'm going long on Powr accumulating as much as I can.
Good luck and happy trading.
POwr buying opportunityAfter a long way down, we are nearing a support line.
Possible reversal of trend, forming a bull pennant with the support line.
Remember to set a stop-loss.
PowedLedger short term tradePOWR just bounced off the rising uptrend.
First targets 8k - 9k depending on breaking out of the triangle.
Stop loss just under the rising uptrend. Stop loss can be adjusted each day.
PowerLedger possible elliot wave formingPowerLedger might be forming elliot wave. Targeting fib 1 level.
Power Ledger good re-entry point?RSI, MACD and OBV all points to oversold. Also price is at strong support point. Let's see if it bounces back from here.
POWRBTC Short-Term Long Trade IdeaHello, this is my analysis for short-term trade. I think it will be quite fast move. We will see.
POWR Bullish PennantWait for candle to break out of the top of the triangle pennant for bullish confirmation.
Flagpole is used for predicting future rise.
Stoploss below the triangle if you enter
ETH donations are welcome
0x4d5668cA43E1dCAA0D2FBf428b55161262feFBc1
POWR 30 Min Chartcup forming (2) with the past cup (1). Volume levels show same signs of upward cup trend. Expect a climb back up to a new high. Safe trading/holding everyone.
POWR got the powerMACD curling up. Just bounced off the Kijun Sen. Waiting to see if this bounce off the Kijun is enough to give an extremely bullish TK Recross above cloud.
POWR BTC - POWER show to continue? POWER recently showed a massive bull run on back of some solid product news and feature aspects.
Technically, not enough data to present a conclusive trade, however, on hourly chart we can see 50% Fib being a support along with a possible double bottom, both can push the price upward towards new high.
Can be bought at current levels with target at 0.000118 and 0.000154, SL just below 50% fib level (0.000088)
Happy trading!
Possible breakout from powr againIf you followed my last chart you would have caught the dip at 8820 perfectly
If you are still waiting to buy in wait for the breakout of the blue cloud for a buy signal but it might not breakout so wait
last chart:
Tips are appreciated
ETH:
0x4d5668cA43E1dCAA0D2FBf428b55161262feFBc1
Power Ledger in a descending Triangle? Power Ladger had a very good run. I think it is time for little correction. I am not planning to sell any but if it does pull back I will end up buying some more.
