#PUNDIX
The price is moving in a downward channel and sticking to its limits well
It was penetrated upwards forcefully and was stabilized above it
We have a higher stability Moving Average 100 in red
We have an uptrend on the RSI that the price is following well
Entry price is 0.4734
The first target is 0.5022
The second target is 0.5352
The third goal is 0.5748
Will we see all time highs coming in this breakout!? We'll have to wait and see. It looks like it's definitely pushed through and doesn't seem like it's slowing down as of yet.
Hi friends, hope you are well and welcome to the new trade setup of PUNDIX with US Dollar pair.
On a 4-hour time frame, PUNDIX has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Trading Signal:
A Trading Signal is seen in the PUNDIXUSDT PundiX
Traders can open their Buy Trades NOW
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This is what I would call a MA kiss,
as the moving averages slightly meet parallel to each other then eventually diverge
I have plotted the divergence on the chart
Also a cup and handle pattern
Inverted in this example
Yu know the drill by now,,, right?
Reason for trade: Double Bottom + EW Count + Great R/R/R
GREEN = BUY Zones (1-2 BUY Orders)
BLUE = Liquidity Zone ( 1 Large Order)
RED = Place Stop Loss Below
TP1: 388
TP2: 425
TP3: 550
TP4: 645
TP5: 889
Technical analysis:
. PUNDIX/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary...
NEXT 3 MONTHS SUPPOSE TO BE DISTRIBUTING THE REST OF THE TOKENS, THIS WILL DILUTE THE COINS IN WHICH WILL DROP THE PRICE, I DONT SEE THE DEMAND FOR THE TOKEN COMING IN THAT FAST FOR OVER 100 BILLION COINS COMING INTO CIRCULATION, ISNT GONNA HAPPEN, AFTER THE DROPS ARE FINISHED THERE WILL BE NO MORE ADDED COINS AVAILABLE TO PUT INTO CIRCULATION. WITH THAT SAID, THE...
Technical analysis:
. PUNDIX/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
Technical analysis:
. PUNDI X/ETHEREUM is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000535 to 0.00000450). if so, traders can set orders based on...
Pundi X / Bitcoin is our topic today
PundiX ETH chart is what we want to look at at the moment for $NPXS. Our Bitcoin chart simply shows us accumulation and indicator signals.
This is what I would like to see in terms of a continuation.
Breakout from range high & re-test occuring. Recent Bittrex listing could be the catalyst PundiX needs to finally break...
