Substantial project with real world demand and successful partnership trials already underway. Longing in the demand zone around 8600-8300 and holding until ~33000 (2.618 fib extension). Great undervalued project at only 300m USD with a potential growth to >10B in coming years in the 10 trillion USD energy exchange market. Entry: 8500 sats Exit: 33000 sats Stop...
- All boxes mark corrective patterns. --> Red boxes are correction of primary --> Yellow boxes are correction of cycle *I labelled the degree of corrections next to each box. Short/medium targets would be wave 1-2 fib ext. of the cycle. Stoploss: if we go below the assumed finished correction of the first subwave wave of the third cycle. (ie, the red box on the...
Hi guys, heres a favourite of mine, a fellow aussie coin called powr :) Power Ledger is an innovative way to manage power consumption, with their powr and sparkz mechanism. Buy: 8650 - 9500 sats Sell: 16450 - 17500, 21800 - 22800 sats. This project won't really take off until mid to late 2018 q3-q4 area with an absolutely packed 2019. Some Fundamentals: The...
WE ARE HEADED TO THE TREND LINE AND MAY EVEN SPIKE DOWN TOWARDS KEY LEVELS AT 61.8 AND 78FIB. WE SHOULD RECOVER AND MOVE UPWARDS AGAIN.
The Stoch RSI is going down for now, it will hit the support zone and will keep bouncing between support and resistance and then breakout.
PowerLedge started an uptrend after it tested 2600 satoshi low on the 8th of December. Price consistently went higher producing higher highs and higher lows. POWR/BTC even managed to break above the previous all-time high at 11.8k satoshi reaching a new high at 14.2k satoshi. On a corrective wave down it rejected the previous resistance at 7600sat, that has been...
This structure is developing nicely. If the first wave up is an impulse than i'm expecting price to correct in 3 or 5 waves before getting the next impulse. Every time it comes to the low im looking to accumulate more with a SL at zero. Thanks for looking. Trade responsibly!
Cup and handle forming on 1 hour chart. Should bring 30%+ gains. Handle has formed.
A relatively new coin with long upside potential. However, as a trader, I could care less about fundamentals. The mantra: Trade it until it fails. And since its inception nothing but clear signs of technical trading. POWR is following the Elliot Waves perfectly. With that being said, due to a leading diagonal after the first wave 5 completion (the 2 overlapping...
RSI is reaching oversold. Support, resistance and my existing trend lines for this market are giving me the indication that the bear market is about to reverse and turn bullish. Previously POWR has been probing the 12000 level but failed to break out.
This chart studies the magnitude of a previous move and used those proportions to hypothesise the magnitude of time and price of a possible move to the upside. January is massive for Power Ledger, Las Vegas CES, Richard Bransons top tech co.s, Doctor Gemma Green (co founder and chair) speaking at an event parallel to the World Economic forum in Davos...
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.
Power 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...