POWRBTC trade ideas
Potential Cup and HandleA cup and handle may potentially be developing. The timeframe drawn here might be a bit short, but it's feasible considering the anticipation for the coming weekend. Not sure if that Thailand announcement has materialised yet. Also there's talk of an announcement related to India (to take place Monday?).
Power ledger have only been on the market for 20 days, right now they're in the motions of taking off. There's no reason to say the company won't exploit this weekend with more announcements on top of India and Thailand.
When you've got a good thing going, when the momentum is there.... well.....
you tell me.
POWR correctionThe new ATH was set before correction now forming a H&S pattern. I expect the drop to next support zone before next try to rise.
POWR to 15000 sats ?POWR is an interesting coin with good fundamentals. I think it will hit 14000-15000 sats in next 2 days.
It is also a great coin for long term holding as well.Happy trading
This is not a trading advice and I am not responsible for any losses my occur.
double bottom at 9500 rangeBull are showing their horns.
histogram is tightening as expected looking forward to this next push
POWR holds strong as high low testedWhat you guys think, held strong through this last dip. staying within trend lines and histogram turning up,
looking forward to $1.00
POWR updateRIght now I think it is overbought will retrace so I have taken some profits and will try and catch the rebound but I am bullish longterm even if it doesn't drop.
prev analysis:
Power down for the 4th WaveBut boot back up around 8k as I think we're going to around 14k.
Haha Sorry for the pun. Had to do it.
Power Ledger about to flyNews about a deal with a thailand electric company about to be announced twitter.com
The chart is also looking bullish, it's about to break out of the cloud.
Not target price yet but just bought some at 7400 satoshi
POWRBTC peak coming 11am AEST?I'm no expert but drew out the fib retracement at 1pm AEST yesterday and the chart has fit quite nicely since then.
Given the expected announcement re:Thai govt partnership at 11am AEST I would expect price to peak at or around this time, followed by a dip... not sure how deep.
Take it or leave it, this is my first real idea!
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.
powrbtc
POWRBTC hit our 100% target at previous analysis only with 2 days,, congrats ^_^
we can set new buy if this coin pullback at 7941 or 6180, and set new target at 13740 with 72% profit projection.
Good luck
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...
Double top as POWR pushes to new ATH $1.00 by end of day????With this second double top showing at 11450 I'm expecting to see a bit of dip if not even some correction,
however should the bulls keep playing and try to push this up to that ATH again i think we may very well see powr go over $1.00
Pathway to the moon!Had you picked this gem up at .06! The tech is there with Aussie government support. A must buy!
So WTF are you waiting for?
Who turned on the $POWER??These fresh coins always have great Elliott Wave sequences. Expect this 5th wave to get very very volatile
POWR made my day, is it gonna make our night ?Great fundamentals. That project is so smart, it could solve unemployment and sustainable development issues at the same time, in fine with big ifs obviously but still the idea is positive and mankind challenging. The dev team looks really serious with a structured white paper (that''s my opinion right ?), important announcements are coming this week as well. On the very long run, their idea might be taken by another coin though.
From an analytical point of view, all indicators are green. Obviously again, it does not guarantee much but that's worth a try at that price with such a nice idea.
