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
We are seeing now many pairs looking good and some already printing strong bullish action.
The next chart is for Marlin, PONDBTC.
Here we have a base we are naming "support line".
Each time this line is challenged, a bullish move shows up.
Just yesterday PONDBTC hit the support line, with bullish indicators, my money is on prices this time also going up.
PONDUSDT Forming symmetrical triangle on 1D timeframe and looking very bullish in BTC pair once breakout it can pump hard also BTC looking bullish so we can expect good return from #POND in coming days Buy and hold it for maximum profits
PONDBTC showing great signs of potential up move,
the pair is breaking out of long period of consolidation, with higher low confirming the start of a new up trend.
The buyers are supporting with high volume participation.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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