As you can see, my entry was too hasty, but I still believe in my 840 tartget!
It's a good time to buy. POND is now in a strong support (uptrend) zone.
He doesn't have much to fall anymore, by a maximum of 100% :)!
When BTC calms down, we'll see a big altcoin show!
$pond #pond Layer 0 project. Listed on #Coinbase, $btc pair sitting on ma200 4H, D; consolidating under resistance. Tp1: 149; Tp2 229; Tp3 541 sats. Usd pair looks juicy too, accumulation from May 12. Pond looks like $matic before it starts its rally from 120 to 6500 sats.
This altcoins has an amazing trade setup for bulls!
On the daily chart we can see an ascending triangle, the most bullish chart pattern and we are close to a breakout.
As per my Elliott waves analysis, the impulse (5-3-5-3-5) has been completed, so we can expect an ABC retracement now.
On the log scale the price is printing an descending channel and this is a...
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...
Welcome to this quick POND/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-POND/USDT tringle pattern conform and retest buy the green zone
Entry:-CMP AND GREEN ZONE BUY
Target:- 30% to 40%
Stop loss:- 0.03986
Remember:-This is not a piece of financial advice. All investment made by me is under my own...
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.
Marlin (PONDBTC) is now moving above EMA100.
This opens the door for additional growth.
First, notice the red dashed line on the chart.
Back in January, when this line was surpassed strong growth followed.
Later this same line worked as support for more than 6 months.
Seeing prices move above EMA10, EMA50 and EMA100 after this support holds, can signal that the...
We have bullish divergence with the MACD and RSI on the PONDBTC chart.
Notice the higher low on the MACD (we have a lower low on PONDBTC):
The bullish divergence in present since October on the RSI.
With prices now safely trading above the EMA50 magenta line (0.00000159), this can signal that PONDBTC is ready to move up.
The downtrend has been broken.
POND is trading in a particular zone for some time. Resistance levels are 0.9869 and 0.11558 if daily candle closes above 0.9869 we can see a move to 0.11558. Also if the upper trend line is broke we can see a good move upward to 0.18 level. On the downside support levels are 0.7411and 0.6574