ShawnMCR

POND - Trade Setup

BINANCE:PONDUSDT   POND / TetherUS
POND had a 35% move up and seems strong. There are strong buy volumes on the market.
It's pushing up the Bollinger bands but still tries to consolidate, which is a good sign.
Its been getting rejected by resistance too many times so watch out with your long positions.
Wait until the price crosses the first resistance and after it confirmed and closed a 4H candle above resistance, you can open your long positions. Use risk management.

I'll keep this chart updated.
Use this chart as your trade setup for now.

Current Market Price: $0.1000

Good Luck
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