POWR by Ledger is a very promising coin, as Ledger is one of the most popular crypto hardware wallets in the world. Fundamentals are pretty strong, and there is no doubt that this coin is going to continue in this promising uptrend. We are in a parabolic phase, so do not expect strong corrections. 10x is, in my opinion, still very possible if you buy the coin now....
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 0.3334 and 0.2936
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POWR is at the end of correction Elliot wave a and can potentially go back to $0,75 / $1,20 which is potential profit of approx. 156% / 310%. The current price looks very oversold and the Redk Everex indicator which is a combination of RSI, MACD and Volume is going up so the downtrend might be over for the short term.
Powr is power hungry with huge volume and multiple buy prints. The news is listing in DeFianceSwap. Targets below. DYOR
First Target : 0.5
Second Target : 0.70
Third Target : 1.0
#POWR/USDT pair:
Technical Analysis:
Trendline Support: POWR is currently above a strong ascending trendline support, suggesting a bullish trend.
Rebound Potential: The trendline support indicates the potential for a rebound in the price.
Entry Point:
Buy at CMP: Consider buying at the Current Market Price (CMP), taking advantage of the current position above...
On the above 3-day chart price action has corrected by 90%. Today is great long opportunity. Why?
1) You know why.
2) RSI and price action resistance breakout.
3) Price action double bottom.
4) Price action prints on past resistance since breakout. Look left.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of...
I am short on POWRUSDT for the following reasons pointed out on the chart
1. rising wedge formed
2. decreased in volume with a corresponding increase in price (decrease in momentum)
3. we are in over bought region if BTC maintains it correction
note a financial advice
Mock Up Price Action for BINANCE:POWRUSDT | Near-Mid Term (12HR)
- Watching and waiting for opportunities to enter short
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from...
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 0.4581 and 0.4171
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POWR is on fire and when you look at the weekly chart there is no resistance left. It can go straight to it's alltime high and even more up to Fib. 1.618 (another increase of 100%). The pattern looks similar as with Injective.
LONG #POWRUSDT
30m TF. The instrument is in the game, is in the growth leaders and is trading at increased volumes, the traded volume per day is more than 600m, after an upward movement it entered consolidation, as a result of which it formed a resistance level on a round number and near VAH, large prints for purchase and density in the glass at the level,...
The POWR breakout on the 2-day timeframe is currently yielding a profit of approximately +315%. The outlook suggests anticipation for a significant bullish trend ahead.
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 0.4270 and 0.3516
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Share your Thoughts if you have any?
**Power Ledger (POWR) Fundamental**
Power Ledger is a blockchain-based platform that facilitates peer-to-peer renewable energy trading and microgrid management. The POWR token is the native currency of the Power Ledger ecosystem and is used to pay for energy transactions, secure the network, and participate in governance.
**Key Features of Power Ledger:**
*...
