POWR is building the operating system for the new energy marketplace POWR token helps people transact energy and trade environmental commodities within the POWR ecosystem so we can see its future of green energy.
Technically POWR is on a horizontal support level also having a trendline that supports a big jump is much likely to happen.
Build your position in it...
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Is it pump time Power Coin
With the growth of BTC, there is a possibility of price increases for other coins as well. Many coins these days cross their previous ceilings with the highest price and trading volume.
The power coin has been silent for a long time (it is asleep), the time of waking up is near
I tried to identify...
Price action trading. There is always a risk of capital loss for any investment. The investor shall make the final decision after studying and researching each provided analysis extensively and shall take responsibility for any consequences
powr +45% profit
Many traders waited for touching the uptrend at points (6-7-8-9-10)
And with the good daily closing after touching the point (10) as we indicated in the chart
We bought powr-btc at 0.0000491
We sold when the price touched the resistance at 0.0000722
Congratulations to the team members
We have a potential higher low now printed on the POWRBTC chart.
We see that the RSI went all the way down to oversold and marked a nice hidden bullish divergence...
This happens when you see lower lows on the indicator, this case the RSI, yet we have a higher low on the trading pair (POWRBTC).
The MACD is starting to curve showing a young bullish...
POWR doesn't have a trend, but it has something better - tradition to pump high from time to time 😎 Powerful pumps is what we need in this boring market =)
Support at 700 should be a nice spot for entry (if it get there of cause). And 825 is the nearest target. Might wick higher.
Price action trading.
There is always a risk of capital loss for any investment. The investor shall make the final decision after studying and researching each provided analysis extensively and shall take responsibility for any consequences.
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
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...
POWR has just completed its double bottom. If price breaks its rising wedge to the upside then we can see a retest to previous resistance levels.