ANALYSIS 🔎 - 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...
ANALYSIS 🔎 - POWRETH is bounded in the major falling wedge pattern. - The downtrend swing was bounded in the minor falling wedge pattern. - Price bounced off the major falling support and brokeout above minor falling wedge resistance. - Possible retest of the major falling wedge resistance. BUY ENTRY ⬆️ - Market price. TARGETS 🎯 - Horizontal resistance level...
The long term resistance has been broken. Expecting a 2x or a 3x pump. The MACD supports the move. Fingers crossed. The targets are mentioned in the chart keep a stop loss at 10%
IS POWER ready to start recovery mode? We can see a nice pullback Could be an entry Also USD chart looks good - can even pump today ! Not financial advise
Technical analysis: . PowerLedger/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 29. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
Hello everyone, A couple of things I want to put out first: First of all this is my first published idea ever, so if you got any advice or tips feel free to share them in the comment section. Second the lines I have drawn on the trend are not the best support / resistance lines, they are purly on what I think (I haven't looked at other ideas), third the lines...
Technical analysis: . PowerLedger/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
posible continuacion de tendencia alcista si rompe los 89000
Technical analysis: . POWERLEDGER/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 50. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a...
Technical analysis: . POWERLEDGER/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 50. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a...
RSI double bounce MACD perfectly on the positive bullish side Vol spike good Target 25%
In 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
Double bottom is spotted in POWR ETH pair. If trend continuation follows further, there is an opportunity now between 0.00074 to 0.00075 eth to go long Short Target could 1618 inversion 0.0088012 eth Targets can be divided into stages Target 1 : 0.0085150 eth - 127/1414 inversion of last leg Target 2 : 0.0088012 eth - 1618 inversion of last leg 1618 inversion...
looks like a accumulation followed by a possible break out. just need price to break threw resistance.