Pundi X (NPXS) Is Taking Its Time, But Getting Ready (50%+ PP)

Updated

NPXS is taking its time. Look at the blue channel, it has been moving sideways, trading within the same range for 51 days, but let me show a few signals that points to a bullish break:

One. We've been trading sideways remaining always within the same price, but when you look at the MACD, it is creating higher highs.
Two. We've been seeing how the price remains the same for so long, but now we are trading above EMA50 (magenta line) and EMA10 (green line) which tells us that progress is going on.
Three. Even though we are going sideways, we are looking at more green.
Four. The break above EMA10 created a candle with big volume, a signal of upcoming break.
Five. This is just a quick analysis, we already have several positions for NPXSBTC’ and an open trade.

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Here is our Pundi X [NPXSBTC] trade.

[NPXSBTC] Pundi X Finally Getting Ready [200%+ PP]

AlanSantana

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