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llywellyn
Dec 29, 2017 7:57 PM

$POWR - Pump Coming - Start Taking Positions - 200%+ Long

PowerLedger / BitcoinBittrex

Description

POWER has the look of a chart that will see a sizable pump soon. It is currently testing resistance, which doesn't look terribly strong at the moment - we can see price poking through the trend line. RSI is showing some strength increase & the Ichimoku cloud is showing support for an upward movement, though it is a short look back window so we should take all indicators with a grain of salt. If price moves above the previous swing high, that is a good time to open long trades (green dotted line). Another option is to start accumulating coin & average down as the price swings. Then it's just a waiting game until the inevitable happens.

Potential profit levels listed on the chart but pumps can be hard to predict. Have patience but scale out & take profit when you're up to protect your gains. Good luck!


If you make some dough off this idea, a little coin is always appreciated:

BTC: 1LPqupsqR5oNHep48eur3o4tYVGsEzybP
LTC: LQ41PW8fHqwioHPkrbxf3WyBAzMZb9uD77
BCH: 19nLdKeyC6H1f7hhFefN4Fm9iWYDxCWE5w
Twitter: @armada_crypto
Comments
silent_sniper_
according to trinagle it so fall down before the rise. so can you suggest me the good time to buy?
thanks man. appricate what your hard work :)
llywellyn
@silent_sniper_, around .00008088, where the green dotted line & green arrow is, is a good place to buy. when it breaks the previous swing high that is a strong sign price will continue upwards.
vilks.jan
Thanks! Insightful!
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