Power Ledger (POWR) - Profiting Off The Unconventional [Feb2018]

INTERPRETATIONS
POWRBTC is an ambitious project that democratizes power and electricity. Although promising in its future success, the project will not likely begin to yield significant progress and contribution until there is stability and universal acceptance of cryptocurrency as a whole. Despite POWR's secondary/tertiary stance & inability to provide in the short-term, its foundation and future promise will help keep the project relevant and competitive. This delivers opportunity for investors to enter a position with lowered risk.

BUY SIGNALS
-Pitchfork support test
-RSI heading upward
-Green cloud buying pressure

CAUTIONS & CONFIRMATIONS
-Double bottom possibility enforces upward momentum
-T&K cross to be tested
-Price-Cloud Bear entry (awaiting price to reverse w/successful challenge or outbreak below)

POSITIONS
Entry @ 8020