POWR Bullish Scenario 1HR Logarithmic Chart Elliot Wave Analysis

2021년 4월 11일

Analysis:
(Refer to Chart) Hey guys, this is my bullish scenario for POWR near term. First Target is in the 0.66-0.68 Range, however I do expect a move up to the 0.90-0.93 Range as altcoins move against bitcoin. Please don't take my elliot wave analysis to heart, as it's just a rough etching of what might possible happen if bullish.
Fundamentals:
For people who don't know, this token is already being used for projects (a successful utility token) and two new projects commencing this week (One in India and one in Australia). The Paris 2015 (Zero carbon 2050) agreement is pushing for the use of renewables and POWR is the best in it's field (crypto) for achieving goals set by the agreement. Australia in particular is well behind on Policies and regulations for net zero buildings (Carbon zero too) and with POWR already implementing it's concept in the Australian market (A market that has come to full fruition) shows there's huge potential for this company to grow. Good news, with good technicals, i think we are moving further up.