Pendle continues the uptrend with a break in the downturn of RSI. There was a huge buy order that brought the token back into the channel that has stood since mid October. The token is looking to retake the 11EMA, and bounced nicely off the local demand. We are looking at another attempt of the .886 Fib level.
Pendle remains on the overall trend and had a meaningful cool off which is needed to keep the longer-term momentum. RSI took a breather and HV is on an uptrend. The most recent bounce was directly on the .5 FIB which is a power move imo. I think we see ATH soon. I added a local demand as additional supportive context. I would say we see ~1.20 in ten days time.
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this PENDLE/USDT Trade setup. PENDLE forming bull flag like structure in 1hr time frame and currently, bouncing from the lower trendline of the bull flag. Might see a 25-30% move to the upside from here. Long here with tight SL. Entry:- Long at CMP and add more...
Pendle has had the RWA narrative since before people realized it was a thing. I doubled my position on this token around .82$ recently and am very bullish on the token long term. RSI is still strong and HV is on a large uptrend to the historical level I marked. I think we see 1/28$ soon. This price level will put the token into price discovery which is exciting in...
Two pattern in one trade call for bull market, we have the flag pattern and the liquidity has been taken area, I can't wait to see it get to our entry level
**Pendle (PENDLE)** is a privacy-preserving lending protocol that allows users to borrow and lend assets without revealing their identities or transaction histories. It does this by using a zero-knowledge proof (ZKP) system to verify users' identities and transaction histories without revealing them to anyone else. **Recent news** * On November 2, 2023, Pendle...
Today we offer you our "estimate" of a potential medium-term trade for PendleUsdt Although we have several options for entering at long Pendle, we publish the "safest" one in terms of risks and entry points on a possible "false breakout" of liquidity. Long entry - range $0.5751-0.5851 Stop loss - $0.5399 Take profit - $0.9540 P/L ratio - 9.3 If the price...
I think we could get a short opportunity once it passes .866 and target is at .75
Keeping an eye on #PENDLE/USDT Diagonal Trendline in 4-Hour TF! I am not shorting $PENDLE until it breaks the PWH $0.7745 support zone. Wait for Breakdown and retest to short it. For long, I will wait for PDH $0.8365 breakout.
Hello again, mates; This evening my second position will be my #PENDLEUSDT.P #short position. Although the target will be very low like my other position #TRBUSDT.P The part that interests me will be the short term of 0.72 levels. In short, the trend has broken and is making the last touches to get confirmation of the decline. An ideal sweet scalp for me. I say...
It has printed series of HH and HL, with no bearish divergence detected. Aiming to enter long trade at the break of last HH with SL set below last HL and TP at 1:1 R/R ratio.
Chart 4H TF Pendle has broken up resistance around 0.63 and go on bullish now. BINANCE:PENDLEUSDT is trading at 0.638x now I expect this retrenchment can up to 0.7 Wait for next move
PENDLE Next Support & Resistance 0.536354921 0.611952268 0.639683654 0.679437827 0.724689136 0.809443757 1.328878171
#PENDLE/USDT bounced from the support level in 4-Hour TF! We shorted the Top already. If you want to open a new position, wait for Trendline breakdown and retest to short it. $PENDLE local support level is PWL $0.6095 and the resistance level is PDH $0.7225.
PNDL has resting eq highs from a few months ago that will act like a magnet, we just had a nice gartley form with a sponsored candle following it.
**Pendle** is a decentralized lending protocol that allows users to borrow and lend assets without the need for a trusted intermediary. Pendle uses a unique mechanism called "tranches" to allow users to choose the level of risk they are comfortable with when lending or borrowing assets. **Fundamental Analysis** One of the key advantages of Pendle is that it is...
Thats a scalp position. I showed my target zone at the chart. Enjoy it! Make ur DYOR!
pendle can either continue the reversal downward or bounce ansd continue the uptrend we will see a decision in the next hour im sure