POWRBTC trade ideas
Powr Long Powr has a been more to fall to use previous resistance as support. looking to enter around 0.000082- 85 range. Take profit around 0.000138 -158. POWR has good fundamental support with lots of news coming out recently a lot of people have their eyes on it. Should be profitable within the next few days.
Power Ledger (POW) TA - BeginnerWe can expect a breakout soon which will kick off the 5th Elliot wave. I have tried my best to use the Fib extension and Elliot waves to assume that the 5th wave could go above the 1.618 Fib levels considering the 3rd wave was bigger than the 1st wave (> 1:1). I would really appreciate the inputs of people who are more experienced in analysing charts.
POWER or lower?I think power still wants its bigger retracement. I have been bullish on this coin and still am, but we may see it retrace to lower support as indicated by the yellow ellipse on chart. If it breaks to the upside of the triangle i will be long again. If it gets down to support first i will be long as well with a tight stop below support.
Thoughts?
POWR shows resistance strength!looking good as we test the FOMO and FUD surrounding POWR these last couple of days
many people think this coin has peeked and are pulling out their 10X profits while i truely believe this coin if purchsed below .50cents could 100x or more over the next two years.
alot of uncertainty due to the Block chain not being launched until Q2 2019 however people are forgetting that the solar aspect and smart city aspect are already taking place and were proven successful before this project became an ICO.
KEY FACTORS
this token is FIRST TO MARKET in terms of a tangible utility token with real world use "in use"
richard branson huge name is a associated with power ledger in that he is looking to use this tech on his private resort!
the worlds largest community battery was just completed and announced 11/22/2014 by TESLA, and this is very important... it was completed in under 100 days. around 100 days ago we heard about Elon Musk receiving Documents from Power Ledger!!!!
those who sold will be sad when they have to buy back in over $1