POWRBTC trade ideas
POWR BTC (using Bitmex Cobra)Using the Bitmex Cobra on POWR on 15.min chart is very profitable
Profit Factor 7.235!
Bitmex Cobra is a highly profitable trading strategy which can help to spot profitable trades as early as they occur or even before. With the Bitmex Cobra you get trading signals right on the chart which tells you when you should buy or short the market. With Bitmex Cobra you are always in full control of your trading no matter how the market moves.
Check the list of trades as well to see past trades.
PWR - Power - Reversal in PlayLet's get right into it!
Indicators:
RSI at 40 and pointing up. Still slightly oversold but more buys going on.
T3-CCI - About to go positive, Green basically means green light to enter trade.
MACD about to cross up, momentum building.
My trading strategy as posted in my Discord group:
bit.ly
POWR on Bittrex or Binance
Buy up to 4500
T1: 4950 10% profit
T2: 5400 20% profit
Stop Loss : 3825
Rating : 4 out of 5 stars
Daily Volume: 419 BTC
POWRBTC huge gains require great consolidationPower Ledger broke out today and brought huge gains. Price reached 0.00005786 level. A retracement and consolidation is coming which is normal after breaking through several resistance levels.
The candlesticks and Bollinger Bands are showing signals of a coming retrace which are confirmed by Ichimoku clouds.
We expect the 0.0000340 - 0.0000360 range to work as a new support, consolidation and bounce level.
This is drawdown game strategy. Wait till the price hit the support then open long position. Targets will be presented in the Premium channel later
Power Ledger (POWR) Retrace IncomingThe candlesticks and Bollinger Bands are showing signals of a coming retrace.
Power Ledger had a massive take off today and reached all the way up to 0.00005786. A retrace is coming which is normal after breaking through several resistance levels.
You can expect the 0.000039000 - 0.00004200 level to work as support.
This is just a friendly notice.
Note: This is an educational post. This is no trading advice. Check my Power Ledger (POWR) long term trade for additional information (targets and other trade details).
Thanks a lot for reading.
Namaste.
POWR/BTC Long - between 8% and 30% profitsPowr / Btc is reaching the end of a wedge pattern, and indicators are positive for a breakout to the upside.
- Price is trending towards the upper part of the wedge
- RSI has a good support level and in fact seems to be climbing
- MacD is looking to crossover
A problem for the breakout might be the trading low volume and the current bearish sentiment of the market.
A good entry is probably at a clear sign of a breakout, around 4100 sats.
We would also put a stop loss around 3900 sats.
When breaking out of the wedge,
we might want to wait for a retest to see if it bounces upwards from the diagonal line or goes below it.
We put 4 targets, we can decide the distrubution for ourselves.
However, in this market, we would not wait too long to take profits. We might sell 50% at 8% and the rest later.
If you profited from this trade, we welcome tips at:
- Bitcoin: 1FGtVGU2Ph23j4XtL4ADcqoWBiDnBzaSVf
- Ethereum: 0xdf5D882136D177C8DAb2Cd7dD02D2AD06954276E
POWR/BTC 4 hr Binance...I Hunt Whales ;-)Hello fellow traders.
A new post just for your education. Just wanted to let you know that I am Certified Whale Hunter now. Posts from here on out will be less frequent. I just do not have the time managing all my trades. Please review my materials, methodology, and progress.
Good luck
longmoney out
POWR/BTC Power is showing great signs to break forward, though the crypto world is still sceptical of the future of bitcoin, unless we see bitcoin drop to low 7k - $6800 would go long with power if price reaches either .3800 or 4100
otherwise wait for break of .4601
T1 .4900
T2 .5300
T3 .5700
T4 .6300
SL .3550
if bitcoin drops and bring power down i reckon we will see a reversal around .3600-.3800 so long time holders already in, hang on.
#POWR update: Bullish move from 4100 sats #crypto#POWR has broken out of the bullish falling wedge pattern
Bounce off 4100sats level
RSI & MACD are showing bullish Divergence
MACD bullish crossover of the signal line
We can expect a rally to 6400sats region.
Target1: 5000sats
Target2: 5600sats
Target3: 6300sats
trend reversal imminent, possible %156 gain. I have just finished charting my Analysis on Power ledger (POWR/BTC)-Binance
Fundamentally I've been a big fan of this ambitious project since the ICO, I think they have a talented, diverse and methodical Development that have a clear and precise long term vision for Powers implementation. Its not very often you hear about their achievements, which is something I value, the Power team are quiet achievers focused on delivering and I'm positive they will deliver.
I have been waiting patiently to add to my investment portfolio since its last push on the 11/5/2018 and I believe we are nearing a good entry.
SUPPORT & RESISTANCE
On the 4 hour chart we've had a steady pull back of %29.31 from the 16/05 which saw a strong reaction to the long term ascending trend line indicated by the dashed line. This trend line spans all the way back to the 13/11/2017 and touches multiple time on the
08/12/17 - 18/03/18 - 02/04/18 - 24/05/18. this trend line alone has indicated a Bullish on 4 occasions now.
Price has also been respecting the 4 hour support line, this support line was resistance that was tested 5 times before breaking out for a %47.15 run on the 08/04/2018.
Possible formation of a Descending triangle which could play out as Bearish or bullish, but due to the Trend line, 4 hour support and %29.31 I am confident it will breakout Bullish. (indicated by the grey solid line closing on the trend line)
INDICATORS
-RSI, is looking bullish to me.
-MACD is looking like it wants to cross back under but given the respect to support i think it will curve up.
-Bollinger bands (Not shown) are restricting nicely indicating reduced volatility this is also confirmed by the reduced volume.
-We have the 50,100,200 Moving averages acting as resistance at the moment, so expect to see the price rejected at these points.
THE PLAY
play 1) wait for bullish breakout of (Descending triangle) wait for it to retest and hold the 4 hour resistance then buy and sell as per your trade plan.
play 2) wait for Bearish breakout of (Descending triangle) and look for buying opportunities closer to the Daily Resistance.
play 3) decide your happy with a %67 pull back from 04/01/2018 (All time high), buy in knowing the price could still dip further %10 from (all time Low) but add to your investment and potential %156 gain to retest (All time high)
I would love to hear your thoughts,
are you Bullish Or Bearish.
happy trading, Jarrah
$POWR , fuelling up?$POWR fuelling up for a sufficient time.
have taken a bullish divergence on the daily but bearish in the 4H which means a temporary dip around the corner.
The next ATH should be the Green margins,
Scalpers/Day traders should exit at the yellow margins.
it's a holder's heaven,
Good Luck!
Trade Recommendation: POWRBTCSignal for BINANCE: POWRBTC
New trading opportunity here:
Buy @ 0.00005148
Stop Loss @ 0.00004414 (-14.2%)
Take Profit @ 0.00006354 (23.4%)
Risk on the trade is 1%. Please let me know if anyone needs an explanation on how to calculate risk per trade using 3commas service.
To place take profit (TP), stop loss (SL) and Trailing I use 3commas services. Register and get 10$ on your trading account.