We have been looking at Pundi X (NPXSBTC) for quite a while now, always remaining strong.
This one didn't take off like a rocket but its priced always remained above our recommended buy-in range.
At the current price, we are about 30% in profits from our last published active trade... But nevermind that, let's look at the chart:
We are looking at a strong breakout right now with NPXSBTC going below EMA10, EMA50 and EMA100, just to quickly break above all three with good strength and volume.
The above signal is enough for us to know that NPXSBTC will produce additional bullish action.
The high volume breakout is the main indicator here.
You can expect additional bullish action coming from this altcoin/token project.
Conditions for change: A break down and close below 17 satoshis invalidates the above signals and sends NPXSBTC into the bearish zone.
Thanks a lot for reading.
Remember to hit like.
Namaste.
Trade closed manually
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"Conditions for change: A break down and close below 17 satoshis invalidates the above signals and sends NPXSBTC into the bearish zone. "