Powerful bullish divergence from Butterfly pattern:
Previously the price action of the NPXS token started bullish divergence from the potential reversal zone of bullish Butterfly pattern, which I have been sharing with you since last year.
Hi friends hope you are well, and welcome to the new update on Pundi x token.
On daily time period chart, the price action of the NPXS token is completing the final leg of bullish BAT and soon it will be entered in potential reversal zone.
Possible profit and loss ratio:
This trade has profit possibility of 144% and the loss possibility is only 18.5%
The world’s 99th ranked cryptocurrency out of more than 2300 cryptocurrencies Pundi X (NPXS) was moving within a falling channel since Dec 2018.
Following this channel the traders were earning very easy money by simply buying at support of channel and sell at resistance.
The 1st bounce produced more than 80%, the second bounce produced more than 96% and 3rd bounce...
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free...
Hey friends, hope you are well and welcome to the update on Pundi x (NPXS) token.
The previous idea produced more than 310% rally sofar.
Retesting Ichimoku cloud:
Now after more than 310% rally the price action has broke out the Ichimoku bearish cloud resistance on long...
Hi friends hope you are well and welcome to the new update on NPXS token.
The previous idea of bullish Butterfly produced more than 300% profit.
Now on the small-time period 4-hour chart, the price action of the Pundi x has completed the final leg of bullish BAT and...
Hi friends, hope you are well and welcome to new update on Pundi x (NPXS) token.
Breaking down the channel’s support:
The price action of NPXS has broken down the support of channel but still has good supports of 50,100 and 200 simple moving averages. The 50 SMA has also formed golden cross with 200 SMA.