Hey friends hope you are and well welcome to the new update on NPXS. This is a wonderful week for the Pundi X as it has surged more than 90% in just 3 days.
the basic reason behind this bullish move announcement that they are going to launch XPOS Merchant PayPal App on 14th July 2020.
The up channel has been broken out:
If we take a look at the live daily chart...
The price is currently forming a Symmetrical triangle with the sign of lower in volume and volatility. On the 2 hours chart the price is trending slightly above the EMA 55 (yellow) which acts as a dynamic support. This is however a strong support for Pundi X. While the price comes closer to the APEX of the triangle, I'll expect a breaks toward the upside and...
Hi friends hope you are well and welcome to the new update on Pundi X . As it has just bounced from the support of the channel that is formed on the daily chart therefore in today’s post we will try to understand that how much it can go bullish.
The formation of this channel was started after 13 March 2020. And so far the price action did not break out or break...
Massive Inverse Head & shoulder forming possible ascending triangle forming as well
when we have this type of patterns forming at the BOTTOM they have good chances of massive breakouts
setup invalid if we have candle close above Red box
I am focusing more & more on HTF charts as they are my strength, smaller time frame charts are messed up if BTC have a...
-the strong daily candle broke recent top resistance
-this is most likely driven by fundamental news
-I do not recommend to buy at current price levels
-wait for a good pullback zone and look for a reversal entry point
-I have highlighted on the chart where a potential zone to watch
-the next upside target is up to 2100s
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- Big breakout potential
- Pullback sitting on strong support
- If TP1 is key to breaking and holding
- If support holds then it...
XPOS® now supports Paypal. This news catalyst could turn into a 2-4 day bull runna gunna!
We have broke through the top side of the ascending price channel and closed a daily just above the top of the trend line.
Idea is to long support of the ascending price channel to the 0.618 Fibonacci.
The final target for this trade is the 0.618 Fibonacci from the ATH...
NPXSUSDT, the trend has sharply risen and just broke the resistance line above.
1. It might continue to increase. Watch an open-close candle above the support line and then buy some or more and wait for your profit :)
2. It might decrease. Watch an open-close candle below the resistance line and then sell some or all depending on your risk...
a coin in an upward channel, the resistance is a trendy one. Also, now the price has formed a rectangle with levels of 1400 and 1500. Targets at break-down of the triangle and the trend one, by VPVR in zones 1850 and 2400.
RSI before posting was 63.44. RSI Feb 5'20 was 73.60. We closed that day at 0.0001559 and bottomed Mar 13 at 0.0000701. Since then we've been rising towards the possible break out of a downward trend at 0.0001690.
PundiX price hits resistance and my first target and was slightly rejected. Currently it's on the daily support. Expect a ranging here and the second target at 0.0001700 BTC.
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Information is just for educational purposes, never financial advice. Always do your own research.