POWR updateRIght now I think it is overbought will retrace so I have taken some profits and will try and catch the rebound but I am bullish longterm even if it doesn't drop.
prev analysis:
POWRBTC
Power Ledger about to flyNews about a deal with a thailand electric company about to be announced twitter.com
The chart is also looking bullish, it's about to break out of the cloud.
Not target price yet but just bought some at 7400 satoshi
POWER LEDGER POWRBTCThis is my top pic today, Power ledger are set to release a press release that they have signed a contract with the Thai goverment.
This is also a great option to go long and stay long on over the next 6 months. POWR are set to do some pretty amazing things, I believe they raised 34mil on the pre token and main sale.
It is also the first crypto currency the Australia government have invested in.
Still bull with signs of close correctionMy previous analysis we correct on target but not in time. Backed up by fundamentals this, coin is running up quicker than expected.
Some clear signs of correction are there, but I believe it will go for even higher ath before a big correction.
Personally, Im out now for a while especially since BTC is sliding sideways with mixed signals...
POWR vs BTC, bullish run continues Prev. correction ended in a triangle that popped out starting a new set of waves.
I expect to reach 10,000 within the coming 4-8hrs.
Power Ledger (POWR) a new star is rising.BITTREX:POWRBTC
This coins is a very promising one, massive support from community and governments (Australia), if you didn't get any you should because it will become massive soon (already did an impressive move).
The down trend wave has just started so the final wave will start soon. A good point to buy back is 0.00005000 BTC. Unfortunately cannot be both with USD but if it does it will explode. I'm a little bit speculating how high the final wave will go since we do not have historical data but from my sources the target is expected to be $1 - $1.30.
The time will tell.
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. :)
POWR correction in the coming 4-8hrsPrevious projection were pretty spot on in targets. Chilling now with POWR under the coming 4-8hrs and wait out the correction to attempt jump on the pulse to gain some more BTC.
POWR Upward TrendingPOWR looking to go to ATH
Target 9500
Upward trending - breaking upwards with news of Thai power station support and as Australia clue into Australian Government Deal.
Does POWR Have The Power?POWR is building a nice looking symmetrical triangle. Decision time soon. RSI is strong. Stoch supports upwards movement. Waiting for the price to close above the trigger with volume. Chikou span cross would be a great sign as well. On the flip side, this is still a very new coin and could just as easily tank.
PM me for entries, targets, and custom charts.
$POWR second wedge after dumpFirst wedge we identified broke downwards. There's a new wedge that could potentially start the pump.
POWR closes into a wedge after dumpPOWR had risen to ATH in the last couple of days. However, it suffered a great dump yesterday. With the volume and fundamentals that are backing up this project and coin it has seen a rapid recovery in as little as 12h. Now it is closing in on a wedge that could potentially send it on a pump ride.
Power Ledger 5th WavePower Ledger Elliot Impulse wave. 5th Wave coming? Possible target 16000 satoshi.
POWR / BTC impulsive wave This time, right crypto. I expect to see an impulse wave against BTC today.
Target before correction around 8500
Ready for next Pop?Power consolidating in a flag pattern while RSI and MACD bottoming out signalling overselling. Holding the price really well. Cannot wait until next upward movement! Very strong community, Government backed. Perth based ICO from Australia. Clearly not a scam. Very bullish for POWR for long term. Early investers will have massive gains I reckon.
Power Ledger Pennant formationPossible pennant formation. Not 100% convincing. Already gone up a lot recently so if you want to buy now for long be careful. But I am hopeful for it to go up much higher and managed to buy back bit lower after profit taking during last run so I will be holding for long.
How far does POWR retract?I'm looking to get into POWR given its recent rally. I'm trying to find a reasonable spot how far it might correct after the most recent run. Thought?
The current short term plan is to wait for tomorrows NEO related announcements and take some partial profit. The profit would go straight into investing in POWR.
POWR Rises with Tesla AnnouncementsSince POWR is tied directly to the distribution of decentralized energy and TESLA is the primary producer of decentralized energy I believe that POWR will rise and fall with Tesla news and innovations. Tesla produces the home batteries and solar powered required to really make sharing of electricity possible. These two need each other.
