#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...
POWR is trading at the top of the resistance channel. May consolidate here nfor a bit but any break above .096 should be bought with stops at 0.84. Looking for a 23% target gain to .12 on a break higher.
XZC, OMG,POW,DASH price target 2019
Just some of my where-is-the-bottom scenario for all altcoins
XZC(Zcoin) : Target $1.5 ( 2016 price )
OMG : Target $1.12 | $0.32 ( presale price )
POW (Power Ledger ) : Target $0.0838 / $0.044
DASH : $46
If bear market continue, we might see these price after parabolic capitulation sometime in the future ( BTC reach $1200-$1500 )
This remains one of my favorite cryptos. No reason to buy other than the extreme oversold conditions in this and the overall market. Can it go lower? Sure, but dollar cost averaging at rsi oversold levels is always a good idea if you believe the project/crypto has long term legs. Ravencoin and Cloakcoin are others I continue to accumulate for longer term plays.
Yesterday, Power Ledger has introduced Asset Germination Events via Twitter: twitter.com
Asset Germination Events is a Power Ledger’s token (AGE), which aims to offer a way for anyone to invest in renewable energy generation. Currently, someone with less than USD 2,500,000 can’t get his own wind farm or a solar...
We are now at Good support and we are ready to buy
use a stoploss and take out some capital at each level so you can make profits
Buy around $ 0.15 or you can wait for the retrace to $ 0.125 but only if Bitcoin goes to 6000 dollar again.
stoploss at 5% below the support level
targets are at
So Im still very much learning in the technical analysis space, yet I know a perfect set up when I see one. Further to that, if you actually dive deep into the fundamentals of Power Ledger, you begin to uncover a blockchain project that actually has balls. Unlike many of the ICOS of 2017, this one actually has a reputable team comprising of PHD doctorates,...
Essentially this project is as gold as they come in blockchain. A really bright and powerful team with great credentials, a good cause - moulding sustainability technology and blockchain together.
I've been bullish on this project for 9 months straight, but before it takes off, we still have to retrace a little bit after that massive pump yesterday. If your...