NPXS/USDT -the strong daily candle broke recent top resistance -this is most likely driven by fundamental news -I do not recommend to buy at current price levels -wait for a good pullback zone and look for a reversal entry point -I have highlighted on the chart where a potential zone to watch -the next upside target is up to 2100s
Hi friends hope you are well and welcome to the new update on Pundi X . As it has just bounced from the support of the channel that is formed on the daily chart therefore in today’s post we will try to understand that how much it can go bullish. The formation of this channel was started after 13 March 2020. And so far the price action did not break out or break...
Everything is visible in the image And it all depends on bitcoin behavior ....
Yesterday on 4 hour chart the priceline of Pundi X was forming a bullish BAT pattern and it was likely to complete the final leg of this move. As per Fibonacci sequence of bullish BAT move it was expected that the last leg of NPXS will be retraced between 0.786 to 0.886 Fibonacci level. And from there it will take the bullish divergence. But the price line went...
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...
Pundi X just reached Fib. 0.786 at 0.0001474 and is looking for a new retracement upwards now. This is for short-term trade but still midterm is quite promising for the token. Function X is in testnet and mainnet will be live in Q3 2020 so better hold some bag for the long run also! Buy Entry= 0.0001565 - 0.0001445 Take Profit= 0.0001770 | 0.0001959 |...
This shitcoin doesn't fail to surprise people. Probably the biggest money grab out there. Been following this one closely since ICO. But other than disappointment it had nothing to offer. only way you can win with this asset is to short it somehow.
Pundi X (NPXS)has started a strong bullish rally at the starting of Feb 2020 and it is up by more than 70% from the lowest price of Jan 2020 which was $0.00012001. The moving average convergence divergence (MACD) is turned strong bullish and relative strength index (RSI) was oversold now it has turned bullish and moving up. The balance of power is strong bullish...
The World's No:106th cryptocurrency Pundi X (NPXS) is forming bullish BAT pattern on 12hr chart and expected to enter in bullish potential reversal zone soon. Lets have a look on the Pundi X price action's move: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is almost projected between 0.382 to 0.886 of...
World's 111 ranked crypto token Pundi X Pundi X (NPXS) has formed bullish Gartley pattern and entered in potential reversal zone and ready for bullish reversal soon. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone. Lets have a look on the dimensions of NPXS priceline's move: After initial leg (X...
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.
Priceline of world's 110th largest cryptocurrency out of more than 2300 crypto tokens Pundi X (NPXS) has formed bullish Shark pattern and entered in potential reversal zone. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone. Let’s have a look on the dimensions of NPXS price action's moves: After...
Following up and taking data from their recent AMA into account it all comes down to the following points imo: - Number of deployed XPOS is not clear and not very like to increase. Hence transactions are non existent. - Removing fees to burn NPXS will further work toward the goal of decreasing supply and making more and more investors nervous. - Exchanges...
On daily chart the price action of NPXS has formed a falling wedge pattern and hitting 3rd time at the support of this wedge the formation of this chart pattern was started from 23rd Oct 2019 and every time the priceline consistantly getting bounced from the support of wedge so we can expect this time soon we will see bullish divergence and the greens will be...
Priceline of Pundi X / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.0001481 to 0.0001457 Sell between: 0.0001507 to...
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...