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
POWRUSDT
Power Ledger (POWR) - July 18Hello?
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(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.
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** 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.)
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Powerledger (POWR) formed big Gartley for upto 451% pumpHi friends, hope you are well and welcome to the new trade setup of Powerledger (POWR).
Previously we had a nice short term trade of POWR:
Now on a weekly time frame, POWR has formed a bullish Gartley 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
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.