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Npxstether

NPXSUSDT Price falling down? 🤔Hello Traders. Hope everything is fine. Today I want to share my thoughts on NPXS. As you can see in the 4H chart, price is moving in a upward channel and it has touched bottom and top of the channel many times. There are 2 reasons that I think NPXS is going to touch the support area ( purple range ) : 1) Every time that it has touched top of the channel, price has corrected towards the bottom of the channel. 2) You can clearly see a negative divergence on rsi where NPXS has made higher highs but the indicator has made lower highs. So in my opinion, you can make a short position here. Entry : 0.0072$ Target : 0.0058$ ( purple range ) Stop loss : 0.0078$ 🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades. 🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders. If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis. Thank you guys for reading my idea on NPXS and don`t forget to comment what you think. ✌
NShort
by Existansilon
Pundi X needs little more drop and then bang | upto 1482% gainsThe big harmonic move on 2 week chart: In previous post we have already seen that on 2 week chart the price action of NPXS has completed the formation of bullish Butterfly pattern. After taking bullish divergence at the starting of Feb 2020 it moved up by more than 70% from the lowest price of Jan 2020 which was $0.00012001 and now the price action has again dropped down in potential reversal zone of this pattern. The support: Even though the pundi X has found a recent support at: $0.00011078 but now there are chances that the price action may reach below this level. And during this move the priceline may not break down the $0.00011078 support but the spike can be hit beyond this level for the completion of another harmonic pattern that is being formed I will show that pattern latter on in this article. Oscillators and indicators: Previously we have observed that the moving average convergence divergence (MACD) was turned strong bullish and relative strength index ( RSI ) was oversold and it was turned bullish. The balance of power was also strong bullish and momentum was shifted to bulls. But now moving average convergence divergence (MACD) is turned weak bearish from strong bearish, relative strength index ( RSI ) is also turning bearish, balance of power is turned bearish, momentum is also being shifted to bears and if we see the stochastic then it has also given bear cross and these indications can lead the price action more down. The recent harmonic move: On 2 day chart price action of Pundi X (NPXS) is forming a bullish butterfly pattern we need little more drop for the completion of this pattern and then price action will be entered in the potential reversal zone and final leg will be completed. Formation of this pattern was started on 23rd December 2019 and at this time the final leg is being formed. The dimensions of new pattern: Let’s see how perfect this pattern is being formed: After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) should be retraced between 1.27 to 161.8 Fibonacci then the priceline will be ready to take bullish or upwards move. Buying And Sell Targets: The buying and sell targets according to harmonic Butterfly pattern should be: Buy between: $0.00006849 to $0.00001354 Sell between: $0.00011114 to $0.00021421 Is this volatility is insane? So for example if the last leg will be formed upto its maximum extent of $0.00001354 then there is possibility that this trade may produce upto 1482% huge gain. This move can be insane in some people’s point of view but the level where the Pundi X is moving at this time is turned extreme volatile therefore the little movement of NPXS produces huge profits and losses as well. For more examples you can see the PundiX charts I have published on tradingveiw then you will find this token produces hundreds of percents gains and losses even on hourly charts. And this is the beauty of PundiX that makes it more attractive for traders. Stop Loss: The potential reversal zone area which is up to $0.00006849 can be used as stop loss in case of complete candle stick closes below this level. Note: This idea is for education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
NLong
by moon333
Pundi X (NPXS) Long Term Analysis | Pundi X Completed ButterflyThe 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 gave more than 106% profit and then finally in July 2019 the price action broke down the support of channel and since then NPXS has formed a long bear leg. The Ichimoku cloud: On daily chart In the month of July the ichimoku cloud turned bearish now after more than 4 months finally the cloud is turning bullish as we can clearly see that lead 1 has crossed up the lead 2 and lagging span has attempted to cross up the priceline. The Indicators and Oscillators: The chop zone which was turned strong bearish since Aug 2019 is also turned weak bearish in the month of Oct 2019 and moving average convergence divergence (MACD) is also turned weak bearish from strong bearish and fast length of MACD is likely to cross up the slow length very soon and RSI is also oversold since Sep 2019. The pennant: When the Pundi X extended its bear leg then it changed its movement from up channel to pennant by having 4 touches at resistance and 3 touches at bottom of pennant now the price action is at the end of this pennant now from here the priceline can either breakdown the support of pennant or breakout the resistance but as discussed earlier we have seen that indicators and oscillators are turning bullish so we can expect the breakout or more sideways trend. The harmonic move: After all above observations the most powerful signal and indicator for me is the harmonic move which is always formed by nature by supply and demands of humans and this time the Pundi X has formed a bullish butterfly now lets have a look at this pattern: After initial (X to A) leg the B leg is retraced upto 0.786 Fibonacci as required for bullish butterfly and B to C leg is projected between 0.382 to 0.886 Fibonacci projection area of A to B leg this is the second confirmation of bullish Butterfly now finally we needed the retracement between 1.27 to 1.618 Fibonacci and by retracing upto 1.376 the price action confirmed that it has completed the bullish butterfly pattern and now it is in potential reversal zone of this pattern. Here the important point is that the 1.618 Fibonacci level is in negative and the priceline cannot cross the 0 point so we can assume that the price line has hit the lowest point and cannot move more down now we can set our sell targets between 0.382 to 0.786 projection area of C to D leg. The buying and sell targets should be: Buy below 0.00010493 Sell between: 0.00037007 to 0.00101017 According to above calculations the Pundi X can be the coin which is gonna give profit more than all cryptocurrencies. Regards, Atif Akbar (moon333)
NLong
by moon333
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