$POWR, The Last Dip….
Weekly
Looking at our trend timeframe we see price making a retracement towards our 4000 support zone. Momentum still in favor of bulls after our radical run from 3000 to 6000. Expecting a higher low at this level followed by a wick fill towards 6000. Waiting for price to get as close as 4000 before taking any buys.
Powerledger
POWER LEDGER: FORBES ARTICLE MENTION? - PROFIT = 52.18% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 11th of July 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 52.18% PROFIT!!!
The increase in price may also be explained by positive developments including:
The increase in price may also be explained by positive developments including:
April 24: Power Ledger & Kansai Electric Power Co. To Trial Peer-To-Peer Renewable Energy Trading In Japan.
May 1: Power Ledger & Clean Energy Blockchain Network Partner With Northwestern University For First Commercial Deployment In United States
May 3: Power Ledger in TechCrunch: ‘Power Ledger Deploys Blockchain-Based P2P Energy Trading System In Chicago’
May 8: Power Ledger In Bloomberg: ‘Blockchain May Soon Be Helping Puerto Rico -2.40% Keep The Lights On’
May 23: Power Ledger Profiled In CNET: ‘Blockchain Helps Us Take Green Power Into Our Own Hands’.
June 1: BCPG to install 12MW rooftop solar for Chiang Mai University’s Smart City-Clean Energy project, using Power Ledger P2P Platform.
June 19: Power Ledger & CEBN Partner with Silicon Valley Power on Renewable Energy Tracking for Electric Vehicles.
June 21: Forbes publicises Power Ledger's positive impacts on sustainability in area of reducing greenhouse gas emissions and renewable energy and carbon credit trading.
July 12: Power Ledger featured in the '10 Best-in-Class Smart Grid Tech Solution Providers' of 2018.
The general uptrend in the crypto markets as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
PowerLedger VS Bitcoin Volume Increasing PowerLedger still trading within the descending channel, where prevailing trend is obviously down. On the 28th of June POWR/BTC found the bottom at 2847 satoshis, after which, under an increased heavy volume price went up to 6030 satoshis, breaking above the 50 Moving Average.
The upside move resulted in a 110% growth, but then price corrected down, where it found the support at the 50 Moving Average, that has been consistently rejected during the past five days.
Yet again, under an increased volume, today PowerLedger went up sharply, suggesting that the upside momentum is still valid. This should result in further growth and could send price up to the 127.2% Fibs at 6600 satoshis area, where previously resistance has been formed.
Break above the 6600 satoshis could send price much higher, perhaps towards 10k satoshis psychological round number, that corresponds to the 327.2% Fibonacci retracement level.
POWERLEDGER: PARTNER WITH SILICON VALLEY POWER - PROFIT = 109%!Our " Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of June 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicato r, you would have expected to net 109.08% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 24: Power Ledger & Kansai Electric Power Co. To Trial Peer-To-Peer Renewable Energy Trading In Japan.
May 1: Power Ledger & Clean Energy Blockchain Network Partner With Northwestern University For First Commercial Deployment In United States
May 3: Power Ledger in TechCrunch: ‘Power Ledger Deploys Blockchain-Based P2P Energy Trading System In Chicago’
May 8: Power Ledger In Bloomberg: ‘Blockchain May Soon Be Helping Puerto Rico Keep The Lights On’
May 23: Power Ledger Profiled In CNET: ‘Blockchain Helps Us Take Green Power Into Our Own Hands’.
(NEW) June 1: BCPG to install 12MW rooftop solar for Chiang Mai University’s Smart City-Clean Energy project, using Power Ledger P2P Platform.
(NEW) June 19: Power Ledger & CEBN Partner with Silicon Valley Power on Renewable Energy Tracking for Electric Vehicles.
The general uptrend in the crypto markets as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
Power Ledger (POWR) Retrace IncomingThe candlesticks and Bollinger Bands are showing signals of a coming retrace.
Power Ledger had a massive take off today and reached all the way up to 0.00005786. A retrace is coming which is normal after breaking through several resistance levels.
You can expect the 0.000039000 - 0.00004200 level to work as support.
This is just a friendly notice.
Note: This is an educational post. This is no trading advice. Check my Power Ledger (POWR) long term trade for additional information (targets and other trade details).
Thanks a lot for reading.
Namaste.
POWR/BTC 4 hr Binance...I Hunt Whales ;-)Hello fellow traders.
A new post just for your education. Just wanted to let you know that I am Certified Whale Hunter now. Posts from here on out will be less frequent. I just do not have the time managing all my trades. Please review my materials, methodology, and progress.
Good luck
longmoney out
POWR/BTC Power is showing great signs to break forward, though the crypto world is still sceptical of the future of bitcoin, unless we see bitcoin drop to low 7k - $6800 would go long with power if price reaches either .3800 or 4100
otherwise wait for break of .4601
T1 .4900
T2 .5300
T3 .5700
T4 .6300
SL .3550
if bitcoin drops and bring power down i reckon we will see a reversal around .3600-.3800 so long time holders already in, hang on.
POWRBTC Bittrex 1D up to 26MAY18 Crypto Trading Analysis (TA)BITTREX:POWRBTC
1D Chart, also works in 4H, at this time PowerLedger (POWR) is testing by third time the SUPPORT ZONE since April 7 (0.00004273 BTC), gaining strength to move towards RESISTANCE ZONE 1 (TARGET 1 0.00005927 BTC). The 50, 100, 200 MA already crossed up its 100/200 days signals (GREEN ARROW), the Volume is decreasing -BUY SIGNAL-, and the Stochastic RSI Index & MACD and are both about to pierce up below 20 RSI Signal and Histogram respectively (BLUE ARROWS), we could spect the POWR price to move UPwards in the next hours. But remember, this is our optimistic approach, keep in mind that is plenty of possibilities to witness a reverse from any point at any time. At this time the Market Cap is recovering at 338 Billions and the BTC is traying to get oxigen at $7.5K. Good Luck!
Grafico de 1D, también funciona en 4H, en este momento PowerLedger (POWR) está probando por tercera vez la SUPPORT ZONE desde el 7 de abril (0.00004273 BTC), ganando fuerza para moverse hacia RESISTANCE ZONE 1 (TARGET 1 0.00005927 BTC). El Indicador 50, 100, 200 MA ya cruzo sus señales de 100/200 días (GREEN ARROW), el volumen está disminuyendo -BUY SIGNAL-, y el índice estocástico RSI y el MACD ambos están a punto de cruzar sus señales por debajo de 20 RSI Signal y el Histograma respectivamente (FLECHAS AZULES), podríamos observar el precio de POWR moverse hacia ARRIBA en las próximas horas. Pero recuerde, este es nuestro enfoque optimista, tenga en cuenta que hay muchas posibilidades de presenciar un retroceso desde cualquier punto en cualquier momento. En este momento, el Market Cap se está recuperando en 338 Billones y el BTC está tratando de obtener oxígeno en $7.5K. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
POWRBTC - getting squeezed on trendlinePOWR token getting squeezed within trend line .. hoping some action soon. As always, tried to make my chart easy to understand. Use Fibonacci levels for support and resistance. Ladder your profit with Fibonacci levels. RSI moving upward and bounces from trend line. It might bounce down to trend or fib support level before moving up.
Please hit "LIKE" to support.
PS: my trades aren't for day traders, however, they sometimes hit target sooner than expected.
Good luck
Vinny
POWR/ETH is forming a nice descending wedge patternIn the 1 day chart we can see a beautiful descending wedge pattern for POWR/ETH, with lower highs and lower lows.
RSI is way oversold.
It might find support at the previous lowest point (light-blue line)
Comment your feedback, we're all here to learn! :D
POWR - Trying It's Best to Break Out Above Heavy Resistance!!OK so after a short break spending some quality time with the wife and the little one (as well as working on my motorbike at nights) – I am back!
Let’s have a look at POWR vs BTC on the one hour log chart to see what we find!
POWR finally broke out of its three month down trend channel (dashed black line) around the 11th of April and has since been trading within a smaller ascending (uptrend) channel. At the moment we find ourselves at a critical point in our journey! As you can see we have some strong resistance above us in the red dashed line and although we have tried and tried to break to the upside of it over the past week; we have ultimately failed! Unless we break out by today's close with supporting volume, then we are likely going down. How far down? Well let’s take a look at our moving averages to see if they can give us a possible scenario…
We had a recent bullish crossover of the short term moving average (12 EMA) over the longer term moving average (26 EMA) on 14/04/2018; and since then we have been riding the support offered by the 12 EMA. Now with the heavy resistance looming directly above us, the support is barely holding. If we don’t break out by today’s close, then it is likely we will fall to test the support provided by the 26 EMA in Pink. If this doesn’t hold, then we next have the 50 EMA represented by the green dashed support line. Therefore, in terms of where we will drop to; I think the green dashed line is as far as it will go. Let’s take a look at our other technical indicators to see if they support this theory.
Aroon Up is below 50, whereas Aroon Down is around 7. At the moment this indicates that neither bulls nor bears have the edge – this can still go either way! If the Aroon Down is to increase above 50 and Aroon Up remains below 50, then bears definitely have the edge. Given neither bulls nor bears currently have an edge, then there would not be a lot of strength to the drop below the uptrend channel if this occurs. On the flip side however, if we do break out above the heavy resistance and we do not have the supporting volume required; then again we there will not be a lot of strength to the break out, and we will probably not find support above the red dashed resistance line (effectively this will be a false breakout).
RSI is at 58 and the MACD also have no momentum currently, further supporting the view that a drop at this stage is likely to take us to the next level of support at the 26 EMA; whereas a breakout above the resistance will be a false break out. Like I mentioned earlier however, if we do drop and both the 26 EMA fails and then the 50 EMA green dashed line also fails - then we are dropping further!
Volume gives me a positive indication that all the buyers over the last week are not going to want to sell so soon. A drop out of the uptrend channel is not going to scare them enough in to selling, although it may shake out a few loose hands. This again, supports the notion of a drop only as far as the 26 EMA or green dashed support line representing the 50 EMA before a bounce.
At the moment, this is a no trade zone for me. In order for me to go long, I would need to see a break above the red heavy resistance dashed line (with the all-important supporting volume!) which would likely take us all the way up to the 61.8% Fib where we are met with our next level of resistance. I will be looking for this break and once confirmed, going long.
Cheers
POWER LEDGERBullish pattern Moving in triangle. beak out resistance line
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