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#POWR Ready For a Pullback or Will it Keep Falling? Key LevelsYello, Paradisers! Could #POWRUSDT be gearing up for a breakout, or will it fail to hold critical support levels? Let’s dive into the key areas of #PowerLedger: 💎#POWR has been trading in a descending channel formation for most of 2024, steadily making lower highs and lower lows. However, recent price action suggests a potential shift in momentum, signaling an opportunity for the bulls to step in. 💎The demand zone between $0.1856 and $0.2577 remains the critical level to monitor. This area has consistently provided strong support, and as long as the price stays above this zone, the bullish outlook remains valid. A sustained hold here would strengthen the case for a move higher. 💎If the price holds this demand zone and begins a reversal, the first target is the supply zone around $0.3500–$0.4500, which has acted as a key resistance in the past. A decisive breakout above this level could propel POWR toward its major resistance zone at $0.8000, opening up a potential rally to even higher levels. 💎That said, caution is essential. A daily candle close below $0.1856 would invalidate the bullish thesis and could trigger a sharp correction, exposing the price to further downside risk. In such a scenario, #POWR may revisit sub-$0.1350 levels, potentially shaking out weak hands before finding a new equilibrium. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
Long POWRWith BTC stabilizing above support, I think it goes to 70k next. This will drag ALTS up along with it. I am going to start dipping back into some of the previous positions which I was stopped out of with all the volatility. One such position was POWR. I like POWR here above the VRVP PoC and above that long-trending RSI support. I don't know if it will go to a dollar again but that will be my final target rn with profit taking along the way. Entry was .38 with a SL of .29 for a rrr of 7/1.
COINBASE:POWRUSDLong
by stewdamus
3
POWR Ledger is going crazy, 10x still possible?POWR by Ledger is a very promising coin, as Ledger is one of the most popular crypto hardware wallets in the world. Fundamentals are pretty strong, and there is no doubt that this coin is going to continue in this promising uptrend. We are in a parabolic phase, so do not expect strong corrections. 10x is, in my opinion, still very possible if you buy the coin now. We can see that the bullish volume is relatively strong. I am expecting an all-time high in 2024 very soon. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Long
by Xanrox
4
Unlocking Profit Potential: #POWR/USDT Technical Analysis#POWR/USDT pair: Technical Analysis: Trendline Support: POWR is currently above a strong ascending trendline support, suggesting a bullish trend. Rebound Potential: The trendline support indicates the potential for a rebound in the price. Entry Point: Buy at CMP: Consider buying at the Current Market Price (CMP), taking advantage of the current position above the ascending trendline support. Additional Entry: Add more positions if the price drops to 0.3833, using this level as an additional buying opportunity. Target Prices: Set specific target prices at $0.45, $0.47, $0.54, $0.62, and $0.74. These levels represent potential profit-taking points as the price moves upward. Stop Loss (SL): To manage risk, set a Stop Loss (SL) at 0.36. This level is chosen to limit potential losses in case the market doesn't move as expected. Risk-Reward Ratio (R:R): The Risk-Reward Ratio is mentioned as 1:6. This indicates that for every unit of risk (1), there is the potential for six units of reward. A higher R:R ratio is generally considered more favorable for traders. Cautionary Note: Emphasizes the importance of using leverage cautiously and aligning it with individual risk tolerance. Using leverage conservatively is recommended to minimize the risk of substantial losses. Reminds traders to conduct their own research (DYOR) before making any trading decisions, emphasizing that the information provided is not financial advice. In summary, the recommendation suggests a bullish stance on #POWR/USDT based on the strong ascending trendline support. It provides specific entry points, target prices, and a risk management strategy, while also urging traders to exercise caution, especially with leverage, and conduct their own research.
Long
by CRYPTOMOJO_TA
1
Powerledger (POWR) formed bullish BAT for upto 30.50% pumpHi friends, hope you are well and welcome to the new trade setup of Powerledger (POWR) with US BTC pair. Previously the priceline of POWR moved slightly down than buying zone, however, recovered soon and pumped more than 35% as below: Now on a daily time frame, KMD has formed a bullish BAT move for the next pump. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
Powerledger (POWR) forming bullish Cypher for upto 32% pumpHi friends, hope you are well and welcome to the new trade setup of Powerledger (POWR) with US Dollar pair. Previously I shared a trade plan for POWR, but stil powr is moving in the potential revesal zone, and dragged too much. Now on one hour time frame, POWR is about to complete another bullish Cypher pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
1
Power Ledger (POWR) - July 18Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (POWRUSDT 1W Chart) Whether the 0.2364-0.2885 zone is supported and able to rise is the key. (1D chart) Bollinger Bands are starting to contract. Therefore, volatility is expected in the near future. At this point, we need to see if we can break through the upper Bollinger Bands by moving above the 0.2885-0.2979 section. The key is whether the 0.2204-0.2364 zone can support and rise. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
POWRUSDTWhat is Powerledger (POWR)? Powerledger (POWR) is a technology company that builds software for distributed and decentralised energy markets for a sustainable future. It has developed a blockchain-based platform that enables the tracking and trading of energy, flexibility services and environmental commodities. Its goal is to provide the platform for a fully modernized, market-driven grid that offers consumers a choice in their energy while driving the democratization of power.
Long
by SENKU-SAN