Hi friends, hope you are well and welcome to the new trade setup of Powerledger (POWR) with Bitcoin pair.
Previously we had a nice harmonic trade setup of POWR as below:
On a daily time frame, POWR is very close to complete the final leg of a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly...
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(POWRUSDT 1W Chart)
Whether the 0.2364-0.2885 zone is supported and able to rise is the key.
Bollinger Bands are starting to contract.
Therefore, volatility is expected in the near...
Hi friends, hope you are well and welcome to the new trade setup of Powerledger (POWR).
Previously we had a nice short term trade of POWR:
Now on a weekly time frame, POWR has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
A Symmetrical Triangle has formed on the 1D timeframe📐, the lower border has been broken👊 and tested, I expect a further decline to the level of 1.618 Fibonacci✅
I will be grateful for the likes👍 and comments✍️.
POWR has just broken out of the short-term downtrend and has also conquered the $0.5 zone, which is a good opportunity for POWR to advance to the $0.6 zone. The resistance areas of POWR are usually quite weak because it can easily have flash pumps so we need to book profits first to avoid losing profits.
♻️Condition : If 1-Day closes ABOVE 0.5$...
As you can see in weekly time frame, Powerledger ( POWR ) is in short-term uptrend, if it continues uptrend then it may complete cup pattern by reaching previous ATH. If it reaches previous ATH then it is big profit for us.
Recently POWR is listed in Binance, Coinbase and KuCoin exchanges so I am expecting lot of people investing into this token....
Hi friends, hope you are well and welcome to the new update on Powerledger (POWR)
On a weekly time frame, price action is moving in an up channel. Recently Powr has also tested the support of weekly EMA 21 and bounced well. There is a $70 resistance, if the priceline of POWER breaks out this resistance then the next move can be at least up to the...
The powr / btc chart is currently in good condition. If the weekly candle is closed and fixed below the green line, it is likely to fall to the areas I have specified, because in rsi I see an inverted head and shoulder pattern.
But if the weekly candle closes above the green line, we have a chance to climb to area 1
(( please read the description ))
Strong support, Power support by Fib 0.382 ~ 0.5, The first Target is to defeat the resistance, Profit can also be in resistance.
* MACD ( Shows a downward trend, if the price of Bitcoin rises, shows an upward trend )
* The trading is above the MA 50 (Blue line), one should hope for an uptrend and test the resistance...
POWR USDT looking strong in acending triangle. BULLISH
Break to the upside has very little resistance to 0.44 usdt. Currently above the itchikomu cloud and the 100 and 200 dma.
also above the 30vma.
Large spike in volume over last two weeks.
Currently big consolidation around 0.382 fib
- POWRETH brokeout above the falling wedge's resistance, hit a swing high and retraced.
- Price is retesting the falling wedge resistance and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone (high buying pressure).
- Price action is printing the double bottom pattern.
- The double...