Bearish Fractal forming right now.There is almost complete symmetry on my trendlines on the 1hr view. Bearish fractal has formed. Price has dropped below the 50MA. RSI and today's trend line signal a reversal to a bear market.
POWRBTC trade ideas
$POWR - 15% POT. Profit, rising both short-term and long-termVERY SHORT-TERM
PowerLedger ($POWR) - I see $POWR rising both short-term and long-term. You can buy now and make some quick cash, or hold for a longer profit.
Very bullish at the moment. Buy now or cry later.
Bearish Wedge Indicator for Power Ledger (POWR)POWR looks to be exhibiting a bearish wedge. It hasn't been able to break through resistance, with volume dropping off day by day. I'm looking for POWR to drop in the short term, attempting to find support and reversal at the 21 day and then again at the 50 day if the price continues to drop.
Power Ledger ForecastPower Ledger - Current Daily candle needs to close at or above 0.00011600 to give a clean buying signal.
It will form a reverse hammer position which will be a bullish sign for the coin for further uptrend.
this is a short to medium term analysis based on the current situation. It has good support and resistance
levels which can also make it range bound if the volume does not play its role. I will be a buyer if it takes out the previous resistance level of 0.00011600 or if it drops to 0.000083000/0.00007200, based on the current scenario
POWRBTCTODAY, HIGHLY POTANSIAL
BUY POSITION: 8500 sats - 9500sats
TARGET: 11500 sats - 12000 sats and over
POWR Ledger | New Coin / New Technology = Lots of GrowthPicking up some POWR during this dip. I like it here because we are close to the bottom of the channel.
Me and many of my followers originally entered at 6.5k (original chart deleted by TradingView), but I believe this is a new good opportunity to accumulate.
This is a mid to long hold for me. Short term upside looks decent as well. Although coin is currently at 6x the ICO price, the current Market Cap ranks it at only #72 among other coins. A coin like this should rank much farther ahead (I'll explain why in the fundamentals below).
In addition, coin is not even $2 yet. These parameters indicate to me that we have a lot of growth ahead of us.
Entries:
Position at 9.9k, orders at 9.1k, and 8.5k
Targets: 11.7k (major resistance), 15k, 19k
Stop Loss: 7.6k
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Fundamentals:
I like to use different metrics when evaluating a coin. One important metric I like to consider is the sector that the coin is trying to tackle. Another metric is how far along a coin is to executing real projects, or how much backing it has.
POWR is a coin I believe is in a very promising sector: Energy Blockchain.
I could go into the technology benefits of having a decentralized network that can keep track of individual energy usage, and allows for peer to peer energy trading. Instead, I'll just link this article that states companies, including Shell and BP, are backing a blockchain powered energy trading platform:
www.coindesk.com
While POWR is not this specific platform, I included the above to show that this is a very valuable sector that big companies are showing interest in.
POWR itself has the backing of the Australian government ($8 million grant), and is working with the biggest energy provider in Australia.
This puts POWR ahead of most coins in terms of development and backing, while being in an a very valuable sector that could become global.
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As always, please feel free to ask me any questions you have. Always willing to have discussions with new and experienced people alike!
Xtreme Tech Challenge top 3 announced in 12hrs. GO POWR!After carefully looking over all 10 remaining companies, Powr Ledger looks like a shoe in. If they win, they can be looking at partnership with Richard Branson, Tesla...the possibilities are endless.
POWRBTC - Consolidation coming to a close, looking to BUYPOWRBTC - Consolidation coming to a close, looking to BUY
I may be jumping in a bit too early but we are on support that has caused a bounce before and it may be enough to push this one into its next leg higher.
BUY Entry 0.00010023
SL 0.00009020
T1 0.00012027
T2 0.00014032
T3 0.00018041
POWR Fibonacci RetracementPerfect retracement and a support line exactly at 10ksat. Safe bet for ATH.
POWR Update POWR went through its triangle with a horizontal move. POWR is a top 10 finalist in the Extreme Tech Challenge and will present on Jan 11, so it could go way up, or stagnant (if they present poorly, I doubt they present negatively).
I'm predicting at 23:00 UTC, we will truly see if it wants to break out.
POWRFundamentail Analysis - POWR/Bittrex
Entries:
Position: at 9.9k, orders at 9.1k, and 8.5k
Targets: 12.3k (major resistance), 14k, 21k
Stop Loss: 7.9k
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Power is officially finalist at Extreme Tech Challenge in Las Vegas 11 January, with Richard Branson as Judge.
Super Bullish Long, if they don´t qualify as number 1, its a huge sell off.
Long position with target of 2.3$ , execute limit orders with 20 % interval to hit max target.
Still qualifying on CMC rank 70+ , have been down to 40 , and available on major big exchanges. Their platform will launch 2018/2019 and they had many successfully tests with Australian and Indian based companies.
Expect big volatile POWR/BTC and watch the live stream to gain edge in the market.
POWR SHORTPowr headed for another run very soon. Supported by heavy volume, bounce off Ichimoku cloud, and Elliot trend, the next 1-6 hours could see some kinda of breakout towards the 5wave target.
Powr Ledger is exactly what crypto is forby the end of 2018 everyone will know what powr ledger is. They have a brilliant team, with a brilliant idea. Electric cars, and solar power are the future. The opposite of a Sh!& coin. Easily a $10 coin
Power Ledger is now on the finals at the Extreme tech challengeThe extreme tech challenge in Las Vegas is a startup challenge for tech companies. Power Ledger is one of the competitors.
It has been just announced, via Twitter, that Power Ledger is now on the top 3 finalists with the final winner to be announced 11th January around 2-3pm Las Vegas time.
Richard Brandson (Virgin Australia) is on the judge panel for the finals.
Let's hope for the best, if they win, it will give the coin a VERY strong boost
PowerLedgerIt's a pretty simple analyse but it's worth giving it a look.
If you can suggest any information or anything that can make you think the price will be different, hit me up in inbox, i am glad to hear new things!
5th WaveUsed an elliots wave app, so although real life didn't follow model, was pretty close, so yeah here ya go...
POWR BTC If it breaks above this line, possible moonshotThat is a strong congestion zone and it's tested it three times, twice after breaking from the triangle. Let's see what happens.
