POWRBTC trade ideas
Trade set up for PowerLedger - looks like it has genuine supportMost cryptos have made a higher run this week, but volumes remain low. This indicates that this is simply a relief rally and likely to be short-lived. One exception is PowerLedger, which showed rising volume as prices increased, breaking out of its downtrend channel.
Prices have now paused and may possibly retrace, providing an opportunity to accumulate closer to the stop loss, which should be placed just below the breakout.
If this trade plays out, there is a possibility of trippling your outlay.
Although, as will all bets in this market, nothing is guaranteed!
POWR uptrend starts? Buy it.Power Ledger is in ideal situation, if BTC will be good, POWR uptrend will be confirmed, there is break and retest, so I buy POWR and I will wait for 1. target 5800sat now, 2. target 6450sat
MACD- possitive divergence
Bollinger bands looks great
The volume is increasing and accumulation was around two weeks
POWR/ BTC POWR>> Confirmed Uptrendhe Wolf of patriot link keeps it simple. True potential does not need complicated explanations.
1. Broken downtrend / Wedge formation
2. Building Volume as price has been increasing the past few days
3. 50EMA cross acts as a support now that POWR has broken through it
4. Small scale fib retracement on the last 7 day candles shows POWR bouncing off support @ 5000 Sats level (Coincides with the 50 EMA support )
5. RSI bullish divergence ( Creating higher lows and higher highs in a uptrend channel )
Trade Active @ 4500 Sats
If you like my work buy me a beer :)
Tip Jar LTC: LRtRch51VQdzQT7eRGXzySDjzUVmPGDhwb
Tip Jar BTC: 1NzGBiXBgJLKmDZkzNtkcz83ZGydiEBPBx
Tip Jar ETH: 0x54186ba567f0323abafaab06ec50455875046cc4
Tip Jar GAS: AYzPmwnXESdhkUhbDjGAczmDfHnKJ3BFs1
POWRBTC 20% + 60 + 100% +POWRBTC 20% + 60 + 100% +
Good day to all!
The market continues to please us.
We have a new opportunity to make a purchase at the right time and at a good price.
When entering the market, I advise you to have a clear trade plan that will protect your capital and help it to increase.
And as always, I advise you to remember about profit taking. After all, only the profit that you recorded can be called a true profit, the rest is only a mirage!
Good luck and good trading!
POWER LEDGERBullish pattern Moving in triangle. beak out resistance line
Power Ledger’s will present in the start-up section.
From the 17th — 19th April, EventHorizon will bring together pioneers, experts and visionaries of both the energy and blockchain sectors in Berlin.
The event serves the best interests of all sectors attending with deep dive sessions to broaden the horizon and start-up pitches to experience the latest breakthroughs.
eventhorizon2018.com
POWR/BTC >> POWR gaining momentumIve opened up a trade on POWR / BTC @ 4500 Sats (i published this chart a few days after entering the trade)
RSI > Bullish Divergence
Broken out of Extremely long downwards Wedge
Volume has picked up on the daily as price
50EMA has been breached and is currently bouncing off the support offered on the line + small scale fib retracement is at 23.6% which coincides right where the current 50day EMA lays
SUPER SIMPLE CHART. AWESOME FUNDAMENTALS. LETS MAKE SOME PROFITS
I will be posting charts frequently using T.A to give you my perspective on the markets
If you like my work then buy me a beer :)
Tip Jar LTC: LRtRch51VQdzQT7eRGXzySDjzUVmPGDhwb
Tip Jar BTC: 1NzGBiXBgJLKmDZkzNtkcz83ZGydiEBPBx
Tip Jar ETH: 0x54186ba567f0323abafaab06ec50455875046cc4
Tip Jar GAS: AYzPmwnXESdhkUhbDjGAczmDfHnKJ3BFs1