Power Ledger / Bitcoin
0.00000145BTCR
0.000000000.00%
As of today at 00:35 GMT
BTC
No trades
POWRBTC trade ideas
POWR:BTC Short term trade. Resistance hit. Only way is up...We have hit a firm resistance level that has been holding steady. A gradual and marginal uptrend has been started and with an increase in volume this will start to pick up.
I recommend the following trade targets. There will undoubtedly be some small retraces at each but it is a chance to re-buy at the dip for the next run. This coin has the ability to have quick gains once it get traction
Buy in - 0.00010800
Take profit 12116 (Approx 12%)
Take profit 13192 (Approx 22%)
Take profit 15132 (Approx 40%)
I cannot tell the future, just read the charts, and if this has a certain amount of guess work
dot
POWR BTC good buy if you're late, but may consolidate a bitPOWR has a lot of fundamental stuff behind it, it's not a shitcoin. That said, I see a little bit of bearish divergence between the price and RSI and a wedge may be forming. I think it will consolidate around the 0008540 range before taking off again. If it breaks above .000947 area that would be another strong bullish confirmation signal. Overall it is quite bullish. People with a life outside of trading would be better off just holding POWR for a long-term swing trade rather than trying to catch another dip.
Bullish trend for POWR ahead! (35%-120% Profit)As you can see it broke the wedge yesterday, from that point onward, support is continuously increasing. It's going to have bullish trend for upcoming days.
Trading:
Buy range: 7000-7400 (In you want to get in now)
Sell Target 1: 7900 Stoshi (Short-Term)
Sell Target 2: 9900 Stoshi
Sell Target 3: 11,280 Stoshi
Stop Loss: 6300 Stoshi
Warning: This is just my point of view. This might or might not be true. You can set your limits accordingly. I don't want you to jump in blindly. DYOR and only get in if you are satisfied with it. Make sure you keep an eye on BitCoin price as well.
Anyway POWR is a good project with solid team. It's a good long-term hold (Around 3-8 months) and it can give upto 700% return.
POWRBTC short term viewIt broke downward trend a few hours ago with a good volume.
Now it looks its doing a correction. but the red line is very important. If there occurs a pull back and returns upward first target will be 7300.
If the red line is broken down, the downtrend will continue 6440 - 6406 support zone.
