And there we have POWR, one of my favourites. It's currently almost breaking out of the triangle, possibly running to a next leg, which has resistance around 6000 satoshi, as this is the earlier support level. Key facts for this are some rumours regarding partnerships, also RSI is turning up, it's above the EMA's and MACD stays positive as well. If it can't...
POWR broke out of downward wedge. resistance/targets at previous peaks.
POWERLEDGER hit support level at falling wedge pattern. we can set new buy from this point, and set 100% - 300% profit target. Good luck
I was wrong, it did not breakout and dipped again to the lowest support zone. - we might have a reversal from the 3100 level. (might dip again nevertheless) - Volume does not confirm reversal yet, take notice today. I am a beginner in TA, any feedbacks will be valuable.
POWER CAN BREAK UP TREND STRONG . TARGET 4 : 20000+
POWR appears to be approaching a key resistance of its general downward trend. Two scenarios I'm looking at are a possible breakout to the 0.5 Fib level (0.00007321), which could represent an end to the downtrend, or a rejection that retraces at least to the current key support (~0.00006), in keeping with the current trend. If POWR breaks bearish, there's a...
Practicing my analyzing of graph, appreciate any feedback to improve my analysis. Always DYOR and form your own opinions.
100&200 day MA converging and a pennant: bullish signs On the larger scale there's a symmetrical triangle: neutral in character
Here is an update as the structure of this coin has changed, upside is still present. What are your thoughts? Trade with care.
I am personally bullish on this crypto currency - however the first support is broken and potential bounce back of second support, I indicated on the chart. Long term still bullish.
We have a potential Top Double Cup and break-out, on trend with my previous forecast of 7500 Satoshi
An over-extended consolidation period on a strong coin... it's go time.
Typical movement from this cryto. its reached its ATH and now retracting down to its support at around 3000-4000. possible support at 4800, if power carries on diving down, wait for support to jump back in. Look to get in around 4000 with profits taken at around 9000. stop loss at 3600. Happy trading and please be sure to give me a like if you agree or a add me...
POWR just bounced off the rising uptrend. First targets 8k - 9k depending on breaking out of the triangle. Stop loss just under the rising uptrend. Stop loss can be adjusted each day.
Wait for candle to break out of the top of the triangle pennant for bullish confirmation. Flagpole is used for predicting future rise. Stoploss below the triangle if you enter ETH donations are welcome 0x4d5668cA43E1dCAA0D2FBf428b55161262feFBc1
cup forming (2) with the past cup (1). Volume levels show same signs of upward cup trend. Expect a climb back up to a new high. Safe trading/holding everyone.