Pond is a Layer 0 protocol which operates for a few years now. We already had Layer 1 and 2 booms in the past (Some are still ongoing) and I think Pond has good papers to be on top of the next narrative, layer 0. From a fundamental perspective it's bullish , also the marketcap makes it attractive as a investment.
At the moment Pond is facing some resistance at...
A fake break in the trend line has occurred and the price is now back above it. It is also in a support area and on Fibonacci 50% of the recent wave. You can enter the long position with risk management
The $0.028 zone is the important support zone for POND at the moment, if it doesn't lose this support, at least in the next few days POND can recover to the $0.034 or $0.04 zone
♻️Condition : If 1-Day closes ABOVE 0.028$ zone
🔴Buy : 0.028
🔴Sell : 0.034 - 0.04
♻️Condition : If 1-Day closes BELOW 0.028$ zone
🔵Sell : 0.028
🔵Buy : 0.024 -...
Price is forming a king of side range box (consolidation) that needs to be broken. We must stay patiently for a breakout and enter on fib 0.5 or 0.618 ...
This strategy does wonder! with the best Risk/Reward ...
Adding this low cap Altcoin to portfolio
Also in Coinbase Ventures portfolio.
•Risk / reward ratio: 1:20
•2-3% from your funds
•Even with technical rebound can give us x4
Buy around 0.04$
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UPDATE: The price jumped 19% after bullish signal. POND broke resistance at 0.057. Now moving slowly to 0.066 USDT. RSI is in the bullish zone. Here is where the magic happens.
This analysis is made with my "Supertrend Ninja - Clean". It displays only the last few signals. Which gives it a clean look. Currently...
Hi dear friends, hope you are well and welcome to the new trade setup of Marlin (POND) token.
On a weekly time frame chart, POND has formed bullish Garltey move.
Buy and sell targets:
Buy between: $0.0746 to $0.0443
Sell between: $0.1171 to $0.1621
Below $0.0443, but there is also strong support at $0.062, therefore, in order to reduce...
Marlin (PONDBTC) is moving above EMA50 today on high volume, preparing for additional growth.
This is simple here.
Once EMA50 is taken out as resistance, the doors open for a new bullish wave.
We are within a higher low compared to Jan. 2021.
We are aiming for a higher high next.
Additional details on the chart.