With the current state of cryptoland, this coin should get a decent pump!
Fundamentally solid, and with a sligly undervalued marketcap I believe.
Fundamental
So yesterday we got some good news from PowerLedger.
Thai-Government backed BCPG agreement!
That's substansial and should increase the hype. It's a new coin, and there is a lot of speculation money flying around now. That's what I think could equal increasing demand for the short term.
POWR is a little difficult to fundamentally judge. It's very techie.
However, I like the team and it definetly looks like they are doing a lot of work and have some important connections.
That's enough for me to invest for the short-mid term. I see a good risk/reward ratio.
But I would recommend small percentage of portfolio.
Technical
You may know that I don't like to draw on BTC parings. If there is no USD pair I tend to go much more on the fundamentals.
However, I have added on some fib levels to where I think we could face some resistance. And the pitchfork is always nice to follow for support levels.
My target for this trade is around 16900 SAT.
I have added it to my Portfolio-Spreadsheet.
Where you can follow what changes I make in my hodlings.
Fundamentally solid, and with a sligly undervalued marketcap I believe.
Fundamental
So yesterday we got some good news from PowerLedger.
Thai-Government backed BCPG agreement!
That's substansial and should increase the hype. It's a new coin, and there is a lot of speculation money flying around now. That's what I think could equal increasing demand for the short term.
POWR is a little difficult to fundamentally judge. It's very techie.
However, I like the team and it definetly looks like they are doing a lot of work and have some important connections.
That's enough for me to invest for the short-mid term. I see a good risk/reward ratio.
But I would recommend small percentage of portfolio.
Technical
You may know that I don't like to draw on BTC parings. If there is no USD pair I tend to go much more on the fundamentals.
However, I have added on some fib levels to where I think we could face some resistance. And the pitchfork is always nice to follow for support levels.
My target for this trade is around 16900 SAT.
I have added it to my Portfolio-Spreadsheet.
Where you can follow what changes I make in my hodlings.
Nota
I get PM's wondering if I pump coins now, lol!Maybe I got some whale followers.
Nota
Powerledger looking good today!I am looking for bigger increases, but it's always smart to lock in profits.
Nota
Still bullish on Pwerledger! :)Nota
That didnt take a week! Nice surprise :)PowerLedger is closing in on my target, and I think the likelyhood of it hitting is relatively high!
Nota
So wrong can you be! Ohwell, let's have a look again :)Dagangan ditutup secara manual
Bailing on POWR. Sold at 0.581 USD, with a negative -46.7%.Selling out the majority of my coins today, as I see signs for a sideways market until summer or so. Hodling on to Ripple, Bitcoin, Peerplays & Unikoin :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.