Get started

POWRBTC

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
POWRBTC formed bullish Gartley | Upto 114% bullish move expectedHi Friends here I come again with another fruitful trading idea. This time Power Ledger (POWR) with Bitcoin pair has formed harmonic pattern and that is bullish Gartley pattern. Let’s dig the pattern deeper to see how perfect the pattern is formed: After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci as perfectly required for Gartley pattern and now the price action is moving in potential reversal zone of this Gartley pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above the 0.786 Fibonacci levels then it can also lead to the long term bullish move. Buying And Sell Targets: The buying and sell targets according to harmonic Shark pattern should be: Buy between: 0.00000961 to 0.00000733 sats Sell between: 0.00001141 to 0.00001571 sats So this time we can expect up to 114% powerful bullish move. Stop Loss: The potential reversal zone area which is up to 0.00000733 sats can be used as stop loss in case of complete candle stick closes below this level.
Long
by moon333
1
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