POWRBTC trade ideas
POWR found support on the 50MA. News could push to new ATH?POWR is above the 50MA again. With news being released next week officially on a Partnership with Thai powercompany ( Monday ) and updates on collaboration with their Indian partner ( Wednesday ) could push POWR to new heights?
Very important to keep above the 50MA....
POWR BTC - POWER show to continue? POWER recently showed a massive bull run on back of some solid product news and feature aspects.
Technically, not enough data to present a conclusive trade, however, on hourly chart we can see 50% Fib being a support along with a possible double bottom, both can push the price upward towards new high.
Can be bought at current levels with target at 0.000118 and 0.000154, SL just below 50% fib level (0.000088)
Happy trading!
Possible breakout from powr againIf you followed my last chart you would have caught the dip at 8820 perfectly
If you are still waiting to buy in wait for the breakout of the blue cloud for a buy signal but it might not breakout so wait
last chart:
Tips are appreciated
ETH:
0x4d5668cA43E1dCAA0D2FBf428b55161262feFBc1
POWR's first day of REDPOWR tested its new High low droping doing to 8700.
MACD showing that we are very oversold yet we are still seeing the price drop.
FUD and FOMO showing itself today.
hoping to see the histogram turn upwards over the next 4 hours and start following the uptrend line, however should price continue to drop may see further correction before the night is done