ecoinamist
看多

POWR Ledger | New Coin / New Technology = Lots of Growth

BITTREX:POWRBTC   PowerLedger / Bitcoin
Picking up some POWR during this dip. I like it here because we are close to the bottom of the channel.
Me and many of my followers originally entered at 6.5k (original chart deleted by TradingView), but I believe this is a new good opportunity to accumulate.

This is a mid to long hold for me. Short term upside looks decent as well. Although coin is currently at 6x the ICO             price, the current Market Cap ranks it at only #72 among other coins. A coin like this should rank much farther ahead (I'll explain why in the fundamentals below).

In addition, coin is not even $2 yet. These parameters indicate to me that we have a lot of growth ahead of us.

Entries:
Position at 9.9k, orders at 9.1k, and 8.5k

Targets: 11.7k (major resistance), 15k             , 19k

Stop Loss: 7.6k
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fundamentals:
I like to use different metrics when evaluating a coin. One important metric I like to consider is the sector that the coin is trying to tackle. Another metric is how far along a coin is to executing real projects, or how much backing it has.

POWR is a coin I believe is in a very promising sector: Energy Blockchain.
I could go into the technology benefits of having a decentralized network that can keep track of individual energy usage, and allows for peer to peer energy trading. Instead, I'll just link this article that states companies, including Shell and BP             , are backing a blockchain powered energy trading platform:
https://www.coindesk.com/bp-shell-statoil-ing-abn-amro-societe-generale/

While POWR is not this specific platform, I included the above to show that this is a very valuable sector that big companies are showing interest in.

POWR itself has the backing of the Australian government ($8 million grant), and is working with the biggest energy provider in Australia.
This puts POWR ahead of most coins in terms of development and backing, while being in an a very valuable sector that could become global.


-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
As always, please feel free to ask me any questions you have. Always willing to have discussions with new and experienced people alike!
交易進行: POWR showing why I like to use these FIB channels to break down my trade.
You can see that the big alt dump caused price action to hit bottom of the channel before bouncing back strong.

Using this channel allows me to put buy orders in this bottom range and capitalize on these dips. Got some 8.7k

Anything below 10k is a steal in my opinion
評論:
Thanks.
回覆
yesterday's price: 117000
I think for the long term, because this is a very valuable project
target: 25000
+1 回覆
Thank you for the heads up. Really like POWR as a long term option. So much potential.
+1 回覆
@Staz17,
Agreed. This is an established coin in a sector established by big companies.
And you're welcome, hope it helps.
回覆
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人檔案 個人檔案設定 帳戶和帳單 我的支援工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出