#POWR Ready For a Pullback or Will it Keep Falling? Key LevelsYello, Paradisers! Could #POWRUSDT be gearing up for a breakout, or will it fail to hold critical support levels? Let’s dive into the key areas of #PowerLedger:
💎#POWR has been trading in a descending channel formation for most of 2024, steadily making lower highs and lower lows. However, recent price action suggests a potential shift in momentum, signaling an opportunity for the bulls to step in.
💎The demand zone between $0.1856 and $0.2577 remains the critical level to monitor. This area has consistently provided strong support, and as long as the price stays above this zone, the bullish outlook remains valid. A sustained hold here would strengthen the case for a move higher.
💎If the price holds this demand zone and begins a reversal, the first target is the supply zone around $0.3500–$0.4500, which has acted as a key resistance in the past. A decisive breakout above this level could propel POWR toward its major resistance zone at $0.8000, opening up a potential rally to even higher levels.
💎That said, caution is essential. A daily candle close below $0.1856 would invalidate the bullish thesis and could trigger a sharp correction, exposing the price to further downside risk. In such a scenario, #POWR may revisit sub-$0.1350 levels, potentially shaking out weak hands before finding a new equilibrium.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Powerledger
POWR/USDT Breakout Alert | 👀🚀Is it Ready to Rally?💎Paradisers, zoom in on #POWRUSDT as it displays impressive market activity. #PowerLedger recently tested resistance at $0.526 and has retested solid support at $0.271.
💎If #POWR holds firm at this critical level, we could see a continuation of the bullish trend. This positive outlook is underscored by #POWR’s strong showing above the EMA, hinting at further upward movement from this base.
💎On the flip side, if #POWR finds it challenging to stay above $0.271, it might signal a time to adjust our strategies. But when this support weakens, your sights must be set on a potential bounce from the lower demand zone at $0.226.
💎A drop below this subsequent support could signal a shift to a bearish trend, prompting us to rethink our positions.
💎Keep sharp and adaptable, Paradisers. The ParadiseTeam is diligently analyzing the trends to provide you with key insights, ensuring your trading decisions are both strategic and informed.
POWR Ledger is going crazy, 10x still possible?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. We can see that the bullish volume is relatively strong. I am expecting an all-time high in 2024 very soon. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
PowerLedger (POWR)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 portfolio
Timeframe: Now, don’t sit on your hands.
Return: Will say elsewhere
Powerledger (POWR) formed bullish Gartley for upto 37% pumpHi friends, hope you are well and welcome to the new trade setup of Powerledger (POWR) with US Dollar pair.
Previously we caught a very nice pump of POWR as below:
Now on a 4-hr time frame, POWR has formed a bullish Gartley pattern for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Powerledger (POWR) forming bullish Cypher for upto 32% pumpHi friends, hope you are well and welcome to the new trade setup of Powerledger (POWR) with US Dollar pair.
Previously I shared a trade plan for POWR, but stil powr is moving in the potential revesal zone, and dragged too much.
Now on one hour time frame, POWR is about to complete another bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Powerledger (POWR) formed bullish Cypher for upto 98% pumpHi friends, hope you are well and welcome to the new trade setup of Powerledger (POWR) with Bitcoin pair.
Previously we had a nice harmonic trade setup of POWR as below:
On a daily time frame, POWR is very close to complete the final leg of a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Power Ledger (POWR) - July 18Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(POWRUSDT 1W Chart)
Whether the 0.2364-0.2885 zone is supported and able to rise is the key.
(1D chart)
Bollinger Bands are starting to contract.
Therefore, volatility is expected in the near future.
At this point, we need to see if we can break through the upper Bollinger Bands by moving above the 0.2885-0.2979 section.
The key is whether the 0.2204-0.2364 zone can support and rise.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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Powerledger (POWR) formed big Gartley for upto 451% pumpHi friends, hope you are well and welcome to the new trade setup of Powerledger (POWR).
Previously we had a nice short term trade of POWR:
Now on a weekly time frame, POWR has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
🆓Powerledger (POWR) Mar-19 #POWR $POWR
POWR has just broken out of the short-term downtrend and has also conquered the $0.5 zone, which is a good opportunity for POWR to advance to the $0.6 zone. The resistance areas of POWR are usually quite weak because it can easily have flash pumps so we need to book profits first to avoid losing profits.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.5$ zone
🔴Buy : 0.5
🔴Sell : 0.6 - 0.7 - 0.85
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.5$ zone
🔵Sell : 0.5
🔵Buy : 0.42 - 0.35
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Powerledger (POWR) is in uptrendHello Traders,
As you can see in weekly time frame, Powerledger ( POWR ) is in short-term uptrend, if it continues uptrend then it may complete cup pattern by reaching previous ATH. If it reaches previous ATH then it is big profit for us.
Recently POWR is listed in Binance, Coinbase and KuCoin exchanges so I am expecting lot of people investing into this token. Remember this is weekly buy so you has to hodl POWR for weeks, be patient.
Leave your opinion in comment section. Follow us for related analysis.
Thank you.
Powerledger (POWR) can hit the resistance of channelHi friends, hope you are well and welcome to the new update on Powerledger (POWR)
Big channel:
On a weekly time frame, price action is moving in an up channel. Recently Powr has also tested the support of weekly EMA 21 and bounced well. There is a $70 resistance, if the priceline of POWER breaks out this resistance then the next move can be at least up to the resistance of this channel.
Broke out wedge:
On a 4-hr time frame, POWER has broken out a falling wedge pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
When is the power turn? ( Power 1W )(( please read the description ))
Is it pump time Power Coin
With the growth of BTC, there is a possibility of price increases for other coins as well. Many coins these days cross their previous ceilings with the highest price and trading volume.
The power coin has been silent for a long time (it is asleep), the time of waking up is near
I tried to identify the points of resistance for you, trade smart, be successful.
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* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
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********************************* pay attention ****************************
For stress-free trading, see BTC price trend, BTC is effective in all trades
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POWRETH { POWER LEDGER } - BULLISH SETUPANALYSIS 🔎
- POWRETH brokeout above the falling wedge's resistance, hit a swing high and retraced.
- Price is retesting the falling wedge resistance and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone (high buying pressure).
- Price action is printing the double bottom pattern.
- The double bottom pattern is a bullish reversal pattern.
- We could be at the verge of an uptrend continuation.
BUY ENTRY ⬆️
- Conservative entry: breakout above the double bottom neckline resistance (@0.00011382)
- Aggressive entry: market price.
TARGETS
- Horizontal resistance level (@0.00014705)
- Horizontal resistance level (@0.00017160)
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.