Currently I'm neutral after failed attempt of breaking through channel.
We are in the middle of the channel currently testing a possible new support from old resistance.
If we hold here I'm bullish, if we don't hold testing bottom of channel again and I will enter again with a stop loss below channel.
Discord: For serious traders only.
I'm long term bullish on Pundi X.
Due to multiple reasons.
1. Huge consolidation between 20 -27 sats
2. Higher lows over the past couple weeks
3. Project itself (POS system, and first phone call on the block chain)
4. Increase in volume due to rumors of being listed on Bittrex
BTC still looking like its stuck in a downward trend. In between to channels going down. Looking promising of some sideways movement here soon after making a higher bottom (6.4k) than our last (6k) bottom