Power Ledger (POWR): MACD & Price Very Similar to Bitcoin!!

[haejin]

SUMMARY

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Power Ledger (POWR) looks very similar to Bitcoin (BTC). Why? Because sentiment between the two is quite uniform. In other words, many who hold BTC must also be holding POWR.

There is likely a nested 1,2 scenario going on. The blue waves 1,2 are nesting the white waves 1,2. Note that the white 1,2 are subwaves to the blue 3; and so being of lesser degree of trend than blue 1,2; they are nested.

I'm just so impressed by the MACD indicator. Note how there is almost zero room for it to move either up or down. Look how close it is to the apex. Let's give it time to marinate and await the what could be an explosive breakout.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
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Tutorial on the use of Fibonacci & Elliott Waves
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Essay: Is Technical Analysis a Quantum Event?

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Comments

[viettchinhkt]

Rất ok bạn nếu có thể bạn cập nhật thông tin về đồng SPR một lần nữa

[victoravwerosuo]

Nice Post @haejin, I wish I could chat with you on discord!

[coin.info]

Coins mentioned in post:

Coin		Price (USD)	📈 24h	📈 7d
BTC	Bitcoin	7695.090$	0.62%	4.96%
EOS	EOS	14.428$	-1.41%	15.6%
POWR	Power Ledger	0.348$	1.87%	11.42%
QAU	Quantum	0.181$	-0.29%	20.91%
WAVES	Waves	4.342$	0.53%	3.82%

[attoan.cmt]

Thank you very much for your nice post. I do own some POWR and your post makes me more confident!

[teenovision]

Means if Bitoin rise up by 10% then POWR will also move by 10% and vice a verse

[trincowski]

Let's see how many followers will you lose tomorrow. I don't think most of them want to follow your account, if you're going to post about stocks and such.

[tjfire]

I post about stocks and continue to gain followers. If I can do it. So can Haejin.

[trincowski]

Maybe... but he gained ALL of his followers through Crypto Analysis. Now he's doing a U-Turn...
It's as if he wants to intentionally lose followers. Well, and maybe he does, since he earns the same no matter if he has 1 follower or 30.000 followers. :-P

[tjfire]

I still follow his analysis. Stocks are interesting, just like cryptos.

[viviw]

really want spent time for upvote or reply who has comment on your post