POWRBTC trade ideas
POWR completes wave 3BOOM... We mapped POWR last week and we just hit the 3rd wave take profit zone.. 40%
Things are starting to look real good in the ALTS trading again. Wait for wave 4 retrace for a new entry
POWER LEDGER: FORBES ARTICLE MENTION? - PROFIT = 52.18% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 11th of July 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 52.18% PROFIT!!!
The increase in price may also be explained by positive developments including:
The increase in price may also be explained by positive developments including:
April 24: Power Ledger & Kansai Electric Power Co. To Trial Peer-To-Peer Renewable Energy Trading In Japan.
May 1: Power Ledger & Clean Energy Blockchain Network Partner With Northwestern University For First Commercial Deployment In United States
May 3: Power Ledger in TechCrunch: ‘Power Ledger Deploys Blockchain-Based P2P Energy Trading System In Chicago’
May 8: Power Ledger In Bloomberg: ‘Blockchain May Soon Be Helping Puerto Rico -2.40% Keep The Lights On’
May 23: Power Ledger Profiled In CNET: ‘Blockchain Helps Us Take Green Power Into Our Own Hands’.
June 1: BCPG to install 12MW rooftop solar for Chiang Mai University’s Smart City-Clean Energy project, using Power Ledger P2P Platform.
June 19: Power Ledger & CEBN Partner with Silicon Valley Power on Renewable Energy Tracking for Electric Vehicles.
June 21: Forbes publicises Power Ledger's positive impacts on sustainability in area of reducing greenhouse gas emissions and renewable energy and carbon credit trading.
July 12: Power Ledger featured in the '10 Best-in-Class Smart Grid Tech Solution Providers' of 2018.
The general uptrend in the crypto markets as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
New potential buy inI am thinking POWER is due for a small retrace which would open up a nice spot to buy in.
We've seen a triple touch at the highest high @ 5760 sats. RSI is oversold. I Could see it falling back to the 61.8 Fib retracement line where past market highs have been to before. If coins can be picked up on the 61.8 line and the market rises again to the resistance at 0.00 there could be a 10% trade to be made.
I wouldn't expect it to fall past the 61.8 but if concerned a stop loss could be placed at the 78.6% Fib.
This is just what im seeing and I like to do this to test myself and my TA ability. As always do your own research, this is not trading advice.
POWRBTC Fibonacci 618 FlipAfter a decent run power ledger is grinding its way down
Volume analysis indicates that 0.618 fibonacci level is respected as a decision level
If price decides to go above it, we'll buy the retest
Good Luck
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POWR CUP AND HANDLEMy favourite bag. I've made so many good trades on POWR that I'm sitting on house money. A beautiful cup and handle formation although a smidge below the neckline. Wait for the 50% retrace and possibly a confirmation before re-entry .
POWER Retrace to a nice potential buy inAfter the recent push, the market is in retracement. I suspect that the 61.8% fib would be a sound entry point. I believe there to be some strong support here and great potential to bounce off and move upward again. The market does look like it is finding support off the 50% fib however there is larger gains to be made if we can make a buy off the 61.8%.
This is not financial advice, trade at your own risk.
POWRBTC - Triangle patternI have bought POWRBTC at 4570 when I see this pattern. Let's wait for the target
$Powr $BTC It is turning bullish$Powr $BTC It is turning bullish
Description: Power Ledger is a decentralized energy exchange platform. It incorporates energy applications, such as a P2P energy trading application that allows businesses to host trading on the platform. This technology enables the sale of surplus renewable energy generated at residential and commercial developments (including multi-unit/multi-tenanted) connected to existing electricity distribution networks, or within micro-grids.
POWR is an Ethereum-based token that fuels the Power Ledger Ecosystem. POWR tokens serve as access permisson tokens, allowing the Application Hosts and their consumers to gain access to the P2P trading features and other Power Ledger applications. To synchronize the ecosystem globally and create cross-market electricity compatibility, a second token, Sparkz, is used in Power Ledger's ecosystem transactions. Applications Hosts may convert their POWR tokens to Sparks when the ecosystem has been accessed.
USD Price: $0.29
BTC Price: 0.00004519
USD Volume: $6,221,660.00
USD MarketCap: $107,638,839.00
Circulating Supply: 373,730,395
Total Supply: 1,000,000,000
Upcoming News & Events
Title: Extreme Tech Challenge
Date: 18 October 2018
Description: Update: The final round of the @ExTechChallenge (XTC) will now take place on October 19, 2018 on Richard Branson's Necker Island.
POWR BounceWe discussed POWR last week and picked the 50% retrace hold. Nice bounce here off of that and now in a wave 3.
Perfect entry point.. Lets see if this can hit the targets or stop out at break even.
PowerLedger VS Bitcoin Volume Increasing PowerLedger still trading within the descending channel, where prevailing trend is obviously down. On the 28th of June POWR/BTC found the bottom at 2847 satoshis, after which, under an increased heavy volume price went up to 6030 satoshis, breaking above the 50 Moving Average.
The upside move resulted in a 110% growth, but then price corrected down, where it found the support at the 50 Moving Average, that has been consistently rejected during the past five days.
Yet again, under an increased volume, today PowerLedger went up sharply, suggesting that the upside momentum is still valid. This should result in further growth and could send price up to the 127.2% Fibs at 6600 satoshis area, where previously resistance has been formed.
Break above the 6600 satoshis could send price much higher, perhaps towards 10k satoshis psychological round number, that corresponds to the 327.2% Fibonacci retracement level.
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.
#POWERLEDGER #BITCOIN #BITCOINPRICE #TRADINGUnfinished pattern
Profit target:
- 4025 Sats
- 5299 Sats
- 6213 Sats
- 7026 Sats
- 8573 Sats
Trending to ascending (take 2)As far as i can tell POWR is forming a small ascending trend-line where it will continue upwards and push against resistance on the 50% fib. I suspect it will push past it hit some solid resistance as indicated by the zone around 38% fib.
Support seems strong.
Upward trend has started.
Bollinger Bands have tightened and we are crossed the middle.
RSI has plenty of room to move upward before being oversold
MACD are still separated but do concern me a little as they indicate moving closer together..
Trending to acending!As far as i can tell POWR is forming a small ascending trend-line where it will continue upwards and push against resistance on the 50% fib. I suspect it will push past it hit some solid resistance as indicated by the zone around 38% fib.
Support seems strong.
Upward trend has started.
Bollinger Bands have tightened and we are crossed the middle.
RSI has plenty of room to move upward before being oversold
MACD are still separated but do concern me a little as they indicate moving closer together..
POWER POTENTIAL Looking like we could have potential to move upward! Been watching this retracement for a few days since the last big push.
Trend has found support on the 61.8% Fib line
MACD looks like its formed well for a cross over
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
Short term levels for POWRPOWR has been really strong on this bull break, waiting a higher low to form, I think the 430 area could be the support for the next leg up, it will form a pretty large bull flag, as for the target it's difficult to establish one since this strenght can't last forever.
POWERLEDGER: PARTNER WITH SILICON VALLEY POWER - PROFIT = 109%!Our " Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of June 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicato r, you would have expected to net 109.08% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 24: Power Ledger & Kansai Electric Power Co. To Trial Peer-To-Peer Renewable Energy Trading In Japan.
May 1: Power Ledger & Clean Energy Blockchain Network Partner With Northwestern University For First Commercial Deployment In United States
May 3: Power Ledger in TechCrunch: ‘Power Ledger Deploys Blockchain-Based P2P Energy Trading System In Chicago’
May 8: Power Ledger In Bloomberg: ‘Blockchain May Soon Be Helping Puerto Rico Keep The Lights On’
May 23: Power Ledger Profiled In CNET: ‘Blockchain Helps Us Take Green Power Into Our Own Hands’.
(NEW) June 1: BCPG to install 12MW rooftop solar for Chiang Mai University’s Smart City-Clean Energy project, using Power Ledger P2P Platform.
(NEW) June 19: Power Ledger & CEBN Partner with Silicon Valley Power on Renewable Energy Tracking for Electric Vehicles.
The general uptrend in the crypto markets as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
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.
