POWR (Power Ledger)
Looking Bullish & Bottomed Out..
Making Falling Wedge Pattern Daily Timeframe ..
80-100% Profit Expected In Midterm.
Buy Around 940-960 Sats
Sell Targets 1316 - 1586 - 1880 - 2224 Sats
Stop Loss Below 900 Sats
Chart Timeframe : Daily
Hit Like On Idea For Support & Follow Me For More Interesting Ideas.
If you look at the candles and obv, then there is an accumulation. The presence of divergences and a large volume in bullish candles speak of a potential rebound.
Pair : #POWR / #BTC
RSI : 30
TA Notes :
- MACD : Still trying to cross to be in a bullish side.
- RSI : Trying to wake towards the bull sign in a neutral level for now.
- EMA : Looking to go downwards but needs to get energy and become below the price level.
- Volume : Looking good on the past 2 days and if it continues its current...
#POWR Gaining momentum as potential ascending triangle develops...
UCTS Buy signal active on the 6h (not daily yet)
Volume rising over the last weeks
RSI trying to get out from oversold, While MACD about to bullcross
I would like to see a break over 1740sats w volume!
$POWR Reached ATL BTC Support at around 2k sats ...
Volume decreasing while RSI at oversold values on the daily...
Wait for reversal/bounce signals prior entering (increase in volume// Break above current descending trendline // )
BINANCE:POWRBTC held support nicely at the support trendline considering the altcoin dump due to the Bitcoin pump. It held EMA support and is currently trading near the 200EMA. The next strong resistance is at 3500 so we will be conservative and sell the green. Looking like a good possibility. On this I would do something like the following:
#POWR/USD price setting higher support level signaling an upcoming bullish momentum in the short term for the energy blockchain token. The price set a new support level at $0.11334278 USD and crossed the upper support level at $0.11450243 USD. The Stochastic oscillator is currently in the oversold region (19.02) signalling a short bullish trend on the POWR/USD...
UCTS still active on the daily..(22%+ up)
MACD and RSI rising
Volume still looking strong
Changing current analysis could also result in an ascending triangle, leaving target at around ~3900sats resistance.
Symmetrical triangle trying to break to the bullish side..
Volume increasing, just crossed EMA200 and Ichi Cloud on the daily that was rejected every time since MAY18.
MACD bullcross, RSI Rising, UCTS showing a buy signal.
Potential targets on the chart. #POWR