Hello Traders. Hope everything is fine.
Today I want to share my thoughts on NPXS. As you can see in the 4H chart, price is moving in a upward channel and it has touched bottom and top
of the channel many times. There are 2 reasons that I think NPXS is going to touch the support area ( purple range ) :
1) Every time that it has touched top of the channel, price...
The big harmonic move on 2 week chart:
In previous post we have already seen that on 2 week chart the price action of NPXS has completed the formation of bullish Butterfly pattern.
After taking bullish divergence at the starting of Feb 2020 it moved up by more than 70% from the lowest price of Jan 2020 which was $0.00012001 and now the price action has again...
NPXS/USDT
NPXS might be ready to attempt a breakout within a week as the price reaches the trend-line resistance without falling below the key support area.
We can also see the RSI is painting a bullish sign with respect to price action. I'm currently favoring the bullish side as long as NPXS can hold this current support levels and not break below 1200 lows.
The world’s 99th ranked cryptocurrency out of more than 2300 cryptocurrencies Pundi X (NPXS) was moving within a falling channel since Dec 2018.
Following this channel the traders were earning very easy money by simply buying at support of channel and sell at resistance.
The 1st bounce produced more than 80%, the second bounce produced more than 96% and 3rd bounce...
