#PUNDIX/USDT#PUNDIX
The price is moving in a downward channel and sticking to its limits well
It was penetrated upwards forcefully and was stabilized above it
We have a higher stability Moving Average 100 in red
We have an uptrend on the RSI that the price is following well
Entry price is 0.4734
The first target is 0.5022
The second target is 0.5352
The third goal is 0.5748
Pundixethereum
PUNDIX formed big bullish Gartley for upto 89.50% pumpHi friends, hope you are well and welcome to the new trade setup of PUNDIX with US Dollar pair.
On a 4-hour time frame, PUNDIX has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Pundi X Retracement is almost Done, can be Longed 24/02/2021as we can see NPXS has almost done its retracement and now getting ready for an other rally cycle,
we have specified total of 3 TPs,
the 1TP is the one we can easily target after the current retracement is over the the bull run cycle starts
2 TP is the Trigger for the 3 TP so if we get to the 2 TP directly after the 1 TP cycle, we can be very optimistic about the 3 TP too on the line.
please comment your opinions
There is a possibility for the beginning of an uptrend in NPXETHTechnical analysis:
. PUNDIX/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000450 to 0.00000410). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000450)
Ending of entry zone (0.00000410)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000495
TP2= @ 0.00000564
TP3= @ 0.00000633
TP4= @ 0.00000731
TP5= @ 0.00000856
TP6= @ 0.00001113
TP7= Free
NPXS DROP BEFORE MOONNEXT 3 MONTHS SUPPOSE TO BE DISTRIBUTING THE REST OF THE TOKENS, THIS WILL DILUTE THE COINS IN WHICH WILL DROP THE PRICE, I DONT SEE THE DEMAND FOR THE TOKEN COMING IN THAT FAST FOR OVER 100 BILLION COINS COMING INTO CIRCULATION, ISNT GONNA HAPPEN, AFTER THE DROPS ARE FINISHED THERE WILL BE NO MORE ADDED COINS AVAILABLE TO PUT INTO CIRCULATION. WITH THAT SAID, THE POINT OF SALE DEVICE WILL ULTIMATELY SPREAD OUT AND MORE BUSINESSES USING IT WILL CAUSE MORE USERS IN RETURN MORE TRANSACTION FEES WILL OCCUR, ALL FEES ARE AUTOMATICALLY BURNED FOREVER WHICH WILL SLOWLY DECREASE THE SUPPLY AND MORE USE CASE WILL INCREASE DEMAND CAUSING PRICE TO RISE. LONG STORY SHORT...... WAIT WILL LAST AIRDROP TO BUY NPXS. SEE YOU ON THE MOON!!!!!
There is a possibility for the beginning of an uptrend in NPXETHTechnical analysis:
. PUNDIX/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000450 to 0.00000409). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000450)
Ending of entry zone (0.00000409)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000494
TP2= @ 0.00000564
TP3= @ 0.00000633
TP4= @ 0.00000731
TP5= @ 0.00000856
TP6= @ 0.00001113
TP7= Free