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...
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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...
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...
I think it's a good time to buy POND
Lying on strong horizontal support level on higher timeframe, Forming triple bottom and descending triangle on 1D timeframe.
Expecting bounce from here in short term
Target mentioned in above chart
Stop if 1D close below 145