green channel, could still break up or down or just keep on keeping on
Simple setup, an impulse followed by a consolidation is a sign for a continuation. I am looking to exit at 61.8 fib and re enter after a correction to retest breakout price as indicated on the chart. What are your thoughts? Trade with care.
BITTREX:POWRBTC Entry: 0.000068 Stop Loss: 0.000066 Targe: 0.000088
We have a potential Top Double Cup and break-out, on trend with my previous forecast of 7500 Satoshi
An over-extended consolidation period on a strong coin... it's go time.
Power Ledger in a bullish pattern again when breaks out.
Typical movement from this cryto. its reached its ATH and now retracting down to its support at around 3000-4000. possible support at 4800, if power carries on diving down, wait for support to jump back in. Look to get in around 4000 with profits taken at around 9000. stop loss at 3600. Happy trading and please be sure to give me a like if you agree or a add me...
Ok so I am looking for POWR to first dip down....hit support and then buy it on a turn around when it goes back up through my entry point. Risk to reward is right up my alley and I think POWR is a good coin...unlike a lot of others that are just whitepapers and social media hype. Trade safe!
it's probably too early to tell, but from the looks of it. Power will begin it's consolidation on the 1 day support trendline. Resistances are marked in the chart. Candles have been testing the EMA 55 and the EMA 20 continues to ride above the candles. Expecting a reversal trend within the next couple of days. IF the 1 day trendline fails, Expect to see Powr...
After a long way down, we are nearing a support line. Possible reversal of trend, forming a bull pennant with the support line. Remember to set a stop-loss.
POWR just bounced off the rising uptrend. First targets 8k - 9k depending on breaking out of the triangle. Stop loss just under the rising uptrend. Stop loss can be adjusted each day.
Looks like power is oversold and about to head north
PowerLedger might be forming elliot wave. Targeting fib 1 level.
RSI, MACD and OBV all points to oversold. Also price is at strong support point. Let's see if it bounces back from here.
Hello, this is my analysis for short-term trade. I think it will be quite fast move. We will see.