POWR broke through the 21MA and found support and it continues to ride the upward support line. Entered for a quick long play.
POWR heading back down to test support at the 3100sat level for the third time. It is forming a descending triangle pattern which usually is a bearish sign. However if this support level holds for the third time it will form a triple bottom which is a strong reversal sign and we may see a decent bounce and a break out of the triangle. My ultimate entry for a...
Not really sure how Energy works with this Blockchain stuff...But it's definitely a Chart a Trader should take interest in. I will accumulate... For my Education Only... Longmoney
POWR is respecting the short term downward trend and is forming into a falling wedge. Coming down to the lowest level it has been for quite some time, I have a buy zone of around 3000 satoshi just above a strong weekly level of support. Once we reach this level I will be watching very closely for potential long positions. Some potentially huge gains to be...
After breaking out of the long term weekly downtrend, POWR has started to create new market structure with a higher high and higher low. It has now pulled back to a weekly support level which has been respected multiple times. If this support level can hold, we may see a strong bullish move back to test the previous structure around 5300 mark or even the most...
Weekly Looking at our trend timeframe we see price making a retracement towards our 4000 support zone. Momentum still in favor of bulls after our radical run from 3000 to 6000. Expecting a higher low at this level followed by a wick fill towards 6000. Waiting for price to get as close as 4000 before taking any buys.
POWR looking good on the chart
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...
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...
Unfinished pattern Profit target: - 4025 Sats - 5299 Sats - 6213 Sats - 7026 Sats - 8573 Sats
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: ...
The 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...
power breaking through trend line like most things this week but RSI looking well oversold would not be surprise if this is one of the coins that rebound the most. would wait for DMI before entering a trade. targets #3700 #4043 #4620 #5050 #6500 resistance #3250 #3010 #2523
Hello fellow traders. A new post just for your education. Just wanted to let you know that I am Certified Whale Hunter now. Posts from here on out will be less frequent. I just do not have the time managing all my trades. Please review my materials, methodology, and progress. Good luck longmoney out
Power is showing great signs to break forward, though the crypto world is still sceptical of the future of bitcoin, unless we see bitcoin drop to low 7k - $6800 would go long with power if price reaches either .3800 or 4100 otherwise wait for break of .4601 T1 .4900 T2 .5300 T3 .5700 T4 .6300 SL .3550 if bitcoin drops and bring power down i reckon we will see...
BITTREX:POWRBTC 1D Chart, also works in 4H, at this time PowerLedger (POWR) is testing by third time the SUPPORT ZONE since April 7 (0.00004273 BTC), gaining strength to move towards RESISTANCE ZONE 1 (TARGET 1 0.00005927 BTC). The 50, 100, 200 MA already crossed up its 100/200 days signals (GREEN ARROW), the Volume is decreasing -BUY SIGNAL-, and the Stochastic...