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POWR

POWR 15M Timeframe Chart 19 December 2017POWR, short term version. Seems to be making an ascending triangle, RSI is turning above 50 as well, indicating that leg C is done, going to leg D. Made two small breakouts as well, so that’s great. MACD will become positive within an hour, wouldn’t be surprised if we see this pattern and break out of it tomorrow. Scenarios: - You can swing the legs. - Buy the breakout after leg E (or perhaps earlier if it breaks horizontal line) - If we fall out, start accumulating around 5000 sats (first bounce probably there, could be around 5400, but that’s more risky) Good luck!
by CryptoMichNL
Time to turn on the POWER!With the current state of cryptoland, this coin should get a decent pump! Fundamentally solid, and with a sligly undervalued marketcap I believe. Fundamental So yesterday we got some good news from PowerLedger. Thai-Government backed BCPG agreement! That's substansial and should increase the hype. It's a new coin, and there is a lot of speculation money flying around now. That's what I think could equal increasing demand for the short term. POWR is a little difficult to fundamentally judge. It's very techie. However, I like the team and it definetly looks like they are doing a lot of work and have some important connections. That's enough for me to invest for the short-mid term. I see a good risk/reward ratio. But I would recommend small percentage of portfolio. Technical You may know that I don't like to draw on BTC parings. If there is no USD pair I tend to go much more on the fundamentals. However, I have added on some fib levels to where I think we could face some resistance. And the pitchfork is always nice to follow for support levels. My target for this trade is around 16900 SAT. I have added it to my Portfolio-Spreadsheet . Where you can follow what changes I make in my hodlings.
Long
by Kryptokelly
65
POWR/BTC Short TermPower Ledger broke out of the big downtrend channel on the 12th (see my previous post), traded sideways for a few days and just completed an Elliott impulse wave with correction which in itself is part of an even bigger Elliott wave structure. If it breaks the resistance level at 6048 Satoshi (which may happen within this hour; volume so far looks high and the candle is long), chances are we'll visit 10000+ within a few days. The uptrend will most likely consist of 5 smaller waves like was the case last time. Previous:
Long
by ViktorC
PowerLedge - POWR Looking for Breakout (500%+ Potential)POWR is looking to start some action, it is looking to breakout. Buy-in range: 0.0000320-356 Stop-loss: 0.000030 Targets: (1) 0.0000449 (2) 0.0000619 (3) 0.0000816 (4) 0.000116 Indicators: - Hit bottom and support held strong - bounced. - Forming small uptrend on the 1h chart. - TD giving bullish signals. - MACD & RSI indicators allow for massive growth. - Low volume allows for plenty of growth as well. - Orderbook - Not many active sellers. - Looking for breakout. Risk = ~15% Reward = ~500%+ Trade with patience. Think, and breath, before buying in. Relax and stay strong, the targets can be reached tomorrow, or it can take a full month. This game is all about learning to wait. This game, is all about, making money the easy way. Set it, and forget it. Namaste.
Long
by AlanSantana
162
POWR 1H Timeframe Chart 15 December 2017POWR, updated chart on the 1h. As we can see it's approaching a triangle. Few red flags for this: - RSI turning down (below 50 still), so not bullish - MACD about to cross negative, which is also bearish On the other hand, if BTC doesn't break the 18K mark and stays in the ascending triangle, we might jump out of this in an uptrend, seeking for an ascending triangle and then we might see some up movement for 1 day or so. If not, we'll be back around the 3K zone to test whether that's support.
by CryptoMichNL
1