POWER LEDGER (POWR) is a SLEEPING BEAUTY!!

in bitcoin •  7 years ago 

SUMMARY

POWER Ledger (POWR) is a sleeping beauty and is simply awaiting the awakening kiss of the prince Bull Sentiment!

The below chart is that of POWR/BTC. I've labeled as many subwaves possible because subwaves serve two functions: First, it serves as a quality control of your higher degree counts. It tells you whether those higher degree counts are correct. Second, the subwaves tell you how much more of a correction might be left. As you can see below, the wave c has one more final dip remaining before this beauty awakes to impulse up towards 0.0002198 BTC!!

Here is the POWR/ETH pair. The Bullish Downward Pointing Symmetrical Triangle is uncanny! The subwaves on this also tells you one more dip lower and this baby is gonna fly! So, is now a good time to ladder in? Damn ya!

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf


Legal Mumbo Jumbo: 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.**

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Waiting for Powerledger to go up ... I started accumulating 3-4 weeks back. I did some Alt shopping 2 weeks back and that was a big mistake. The prices fell even more after that and Alts have been crushed totally. Now its much lower and clearly this is a great entry point for POWR. But I'm totally out of BTC to spare to buy any Altcoin. So got to sit this out one

Will be happy if this happens and POWR takes off! Good work man!

Alts have to turn around at some point. It is very possible that “some point” starts soon. When BTC normalizes, alts go berserk. Very possible futures trading, after initial swings, will settle BTC and then alt coins take over. This is important to the development and maturation of the crypto space as a whole IMO.

probably only end of Feb, beginning of March

I learn so much from EVERY SINGLE ONE of your posts! Love you Haejin:)

Thanks @haejin! I am waiting for XVG patiently to explode to about 140 satoshi, but it is painful watching all the massive gains and holding to XVG.....But i have learned from you specifically to be patient bc of the "hurry up and wait syndrome".....I am also waiting for Ada, and I am heaviest in Steem.....So with what I have i am diversified, and I continue to believe...Much love💓......Thanks for all you do

Worth the wait my friend! ;)

I agree, this Verge HODL has been a pure test of will for this rookie trader! Luckily for me, the lessons learned from this blog have been put in action: Ladder your positions, and be patient. When the alts decide to wake up, XVG is going to chaaaarge :)

I agree thats why i am holding like 150,000 verge in hope it will hit a few dollars one day.....visualize, manifest🙏

Anyone know whether ledger nano s support is forthcoming for Verge or whether it might get listed on bitshares? I want mine off the exchange and I could not get the electrum wallet installed on Mac

Even at the poor satoshi price of verge I'm up 2x in satoshi on xvg, massive profits in dollars. Hold XVG it will pay off.

Yes i am holding....

Excellent post i am looking forward to 2018 and what POWR can do.

SO MANY of the alt charts are looking similar right now. Haejin has pointed this out previously, and it's really a bit uncanny. Very curious what the next few weeks hold.

I’ll watch this one.

Love your work, thank you so much for all you do. And thank you most of all for reminding people of the most important thing, to do good! you are an inspiration. My wife has been looking at POWR for some time, glad to see you see what she's been thinking. BTW, what do you think of PIVX?

does anyone know if theres a site you can buy ETH like you can buy BTC on localbitcoin or coinbase and what have you?

Congrats on 68! Amazing work @haejin!

I saw that last night... Along with being a solid project!

Faantastic Haejin.
Try analysis of Ormeus coin ?
Looks promising ?

i follow your post dear

Thanks for the updates Haijen! i will be contacting you soon for private lessons!

I'm confused..

Can someone explain me why at the first chart the target is set at 0.0002198 BTC (± $3.43) and on the second chart the target is set at 0.002554 ETH (± $1.12)?

haejin please update DNT.

Agree, the chart looks funky with all the bars the same size.

Any chance of having a look at XRP longer term, have taken note of the recent blog however curious further out.
Also if possible electroneum. Thank you Kind Sir!

Thank you, I'm learning so much from you. I've recommended your videos to other family members.

Powr is a good investment to hold and is currently undervalued

Based on what ? You know the number of coins they have out there ?? You know that all they have done so far is 1 trial they are in the middle of, another one that will start next year - which is due to run for 2 years and a 3rd one they are trying to do in India in a closed campus environment - where they are a small player ? What are you basing your supposed valuation on ? I am happy to play the EW plays on this - but do not try and tell me this company is undervalued.

based on the fact they have a massive first mover advantage, attention from some very noteworthy billionaires (musk and Branson), are sitting on a gold mine of solar demand in Australia (highest energy costs in the world), backing from Aussie government, partnership with Origin energy, microgrid dev partnership with Tech Mahindra in India, and a deal with a large Thai energy company waiting to be detailed. INTERNET OF ENERGY - this will grow much faster than anyone thinks because the demand is there, especially in developing world. This coin has potential to be one of the absolute beasts of crypto and competes for “best real world application of blockchain tech” in my humble opinion. Throw in asset germination - chance to buy into solar farms, battery farms.. unreal potential long term, just unreal.,

Nice reply :)

Interesting comment. There are trials occurring. What I like about PowerLedger is the potential. The POWR token is like a license to trade power, using some sort of microgrid system. Sparkz tokens will be used to make payments, with its value linked to the local currency. I think it's an awesome project. It's got me thinking about whether it would be a profitable enterprise, to set up a solar power system to provide solar power to a small town.....using the PowerLedger technology. If so, it's an enabler....and I think blockchain technology and electricity supply are a natural business fit:) Undervalued? HODL....

What you’re investing in is the Internet of Energy. Think about the potential and this should already be a 1-2 billion MC coin. Australia is where the solar revolution bull run is going to start.

Thanks for covering this, Haejin :)

Hey Haejin “Oracle Of” Lee.. :) Now that Novogratz has bet heavily on FunFair.. want to look in your seer stone of TA and give an outlook on it? :D

Im In

nice, Powerledger is basically the start coin and 2nd biggest holding behind steem. I'm ready for a monster 2018 with this coin.

We have lift off on POWER!Thanks haejin. Just purchased the books you suggest and plan to start reading over the holiday. I wish to become a true master of Elliott Waves like you.

Thank you for the write up on this one. It's definitely an exciting concept I've got my eye on for the future!

Hi! I just upvoted you! I found similar article on Power Ledger that covers the everything from why it matters to how to buy and store it: http://cryptoupdates.net/guides/power-ledger

Its one of my best performing coins, go POWR go! Great project, hitting all targets

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