POWR
POWR BTC - POWER show to continue? POWER recently showed a massive bull run on back of some solid product news and feature aspects.
Technically, not enough data to present a conclusive trade, however, on hourly chart we can see 50% Fib being a support along with a possible double bottom, both can push the price upward towards new high.
Can be bought at current levels with target at 0.000118 and 0.000154, SL just below 50% fib level (0.000088)
Happy trading!
Possible breakout from powr againIf you followed my last chart you would have caught the dip at 8820 perfectly
If you are still waiting to buy in wait for the breakout of the blue cloud for a buy signal but it might not breakout so wait
last chart:
Tips are appreciated
ETH:
0x4d5668cA43E1dCAA0D2FBf428b55161262feFBc1
LSK 4hr and POWR 1hr charts for BTFD members UPDATEDBy Request For BTFD Members
looking at possible formations and speculation on two popular pairs
**redrew Gann Fann from POWR high and redrew the weak support on LSK**
LSK looks to be following the patterns, would wait for clr entry point and when POWR breaks into the 1:1 area possible entry there
more examples pointing towards the 27th Nov being a big movement date for many pairs, up i hope!
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...
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. :)
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 Analysis - Confused Energy Needs To Sort Itself OutPOWR seems to have found a momentary bottom at the 0.236 Fib retracement level, and is now dancing along the 0.5 with some bearish energy on the 30 Min and 4 Hour timeframes. We're on the verge of a bearish MACD cross on the 4 Hour, with some bullish momentum on the Hourly.
I'm expecting a pullback to 0.32 Fib level before rallying towards our recent highs. We could push back down towards 0.236 if folks are stop loss hunting, but on the whole, I'm bullish on POWR .
If the bulls can exceed 0.0009145 in a shorter timeframe, we could see a follow-through of a reversed H&S pattern, but that would require a substantial amount of volume.
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.
