The long term trend is bearish for the coin, it's in the new zone of price discovery . There are no heavy buyers observed in the Zone. I will defiantly stay away from it until it clears this zone. There is always the possibility of reversal but it's not showing the signs till now.
For now, until the cloud clears I am going to invest somewhere else :)
Best wishes, Let me know your thoughts on this.
Disclaimer:
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in the publication constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
For now, until the cloud clears I am going to invest somewhere else :)
Best wishes, Let me know your thoughts on this.
Disclaimer:
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in the publication constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
Trade closed: target reached:
As predicted the target is achieved and PUNDIX dropped to the predicted zone.