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✍️.
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
Huge news and partnership for Power Ledge that may push it much higher. IF this news is true, this may be a solid trade w/ a stop near the red marker. Targets near the markers in green. Weekly looks solid and developing w/ good volume.
Here's a quote from the Power Ledger website:
Solar Exchange has been developed in partnership with the 5-star rated1energy...
POWRBTC pair gonna breakout CUP with Handle pattern.
Today, partnered with India's largest integrated power company @tatapower_ddl and @IndiaSmartGridF on the first live solar energy trading project in Delhi. This is an important milestone in India’s rapid adoption of renewable energy. Its a massive NEWS!
So, Our 1st TP will #0.00000830, than #0.00000980
POWR is trading in the uptrend and respecting the support and resistance zone. This is good time to build a small position and hold in POWR.
Buy Zone: 490-500
Stop loss: 448
- POWRETH is bounded in the major falling wedge pattern.
- The downtrend swing was bounded in the minor falling wedge pattern.
- Price bounced off the major falling support and brokeout above minor falling wedge resistance.
- Possible retest of the major falling wedge resistance.
BUY ENTRY ⬆️
- Market price.
- Horizontal resistance level...
POWR as a strong FA case and is working effectively, real use case.
On the TA part, its simply bottomed out. Now the 2 years falling wedge just broke out.
It could take time to develop the upside as the view is in Daily time frame.
DEFI coins had a great run (not finished),
its now time to find those unpumped Small caps.
There you go. 7x potential in the next...
Power Ledger (POWRBTC) is giving out a strong bullish signal today.
We have really high volume as prices challenge/break above EMA50 (0.00000362), bold mangeta line.
Moving above this resistance level, can send prices straight up (green arrow).
What is it going to be?
Will Power Ledger move back lower or will it continue up?
The chart is saying UP!
I feel the...