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!
Marlin (PONDUSD) is having a +40% 1D candle so far, breaking above its 0.5 Fibonacci retracement level. The long-term pattern since has been a Channel Down since the early 2021 market top so there is still no indication of a long-term trend shift to bullish but at least on the short-term, there is further potential for a bullish extension above the 1D MA200...
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...
We suppose this volume as a fake volume ✔️
and we expect to see more range market and correction for the price ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
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...
Please Like or Follow if you enjoyed this content.
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...
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
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
UPDATE to my last analysis. There is a possibility for an upcoming inverse head and shoulders pattern. It's a reversal pattern including a second bounce from a 0.618 fib level (golden pocket zone). This is very bullish if it keeps up. Also notice that the last big red bar had low volume.
POND had a 35% move up and seems strong. There are strong buy volumes on the market.
It's pushing up the Bollinger bands but still tries to consolidate, which is a good sign.
Its been getting rejected by resistance too many times so watch out with your long positions.
Wait until the price crosses the first resistance and after it confirmed and closed a 4H candle...
Pond ( Marlin ) is creating very bullish chart. Target price is 35%. Short term.
If you like my analyse and if you want to get more analyses from me, please don't forget to push like to this post.
