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
Power companies may have a disruptive force entering their lives within the the next 10 years 2025-2030 timeline as powerledger will inevtiably become the biggest independant competiter to the government backed electrical giants
,buying your energy to the grid at a Fixed price aka,0.33cents Per KWH when it only costs them 0.05 cents to generate the energy, will...
This is a logarithmic chart of Powerledger vs the USD. This is a fractal taken from the last leg which fits perfectly with the Fibonacci resistance levels and the ascending channel. I'm expecting a 5 wave (Elliot wave) move up to the 0.9 level (Max) this month. Powerledger has been making small moves against bitcoin of recent which is positive news, as well as two...
(Refer to Chart) Hey guys, this is my bullish scenario for POWR near term. First Target is in the 0.66-0.68 Range, however I do expect a move up to the 0.90-0.93 Range as altcoins move against bitcoin. Please don't take my elliot wave analysis to heart, as it's just a rough etching of what might possible happen if bullish.
For people who...
Always looking for opportunities when the markets are so bullish and this is worth keeping an eye on.
Although Power Ledger has seen gains since it's March low it hasn't seen the % gains of other projects.
(Could be good reasoning as to why- so always DYOR!)
Chart wise though if it breaks this upcoming level we could see significant gains in the coming...