PENDLEUSDT.PPENDLEUSDT.P is in bearish trend.
Broke the last HL and made first LL.
we wait and watch for the breakout of last hl.
PENDLEUSDT trade ideas
Pendle continues price discoveryPendle has respected the price discovery fib extensions fairly reasonably as it grasps for new all-time-highs each week. This is my largest Arbitrum holding, after I sold out of GMX I doubled down on the position at around 90 cents. I am still standing firm on a price target of at least 1 billion market cap, or 10$. I plan on selling the entire position around then unless the market is really on fire.
PENDLE/USDT Perfectly Break out the pattern. Very Bullish !!!💎 PENDLE has recently become a key player in the market, impressively breaking out of a bullish pennant pattern, highlighted by a robust green candle. Notably, PENDLE has managed to breach not only the pattern but also the resistance of a previous higher peak.
💎 If PENDLE maintains its position above the support level in the 8-hour closing candle, there's a high probability it will continue its upward trajectory, probability aiming for the target set by the bullish pennant.
💎 However, if PENDLE is unable to sustain its position above the support at the close of the candle, it might retreat back to the demand area, which also aligns with the support trendline. In this zone, PENDLE would need to gather new momentum to resume its upward movement.
💎 In the demand zone, a strong bounce is essential. If PENDLE only consolidates without a significant recovery, it risks losing this key support area. This could potentially lead to a further decline, taking PENDLE back towards the stronger demand area.
Pendle is pumping, how much % can it make? (342%)Pendle is one of the stronger coins currently on the crypto market. We can see that we have had a pretty long consolidation where whales were accumulating coins. Of course they want to make money, so they sent the coin to the upside. We can see that the uptrend is starting to be parabolic, which is very good because you can make a lot of money in a short period of time. My profit target is the 2:2 FIB extension, which is 342% profit from the current price if you buy the coin right now.
About Pendle - Pendle is a protocol that enables the tokenization and trading of future yield. With the creation of a novel AMM that supports assets with time decay, Pendle gives users more control over future yield by providing optionality and opportunities for its utilization.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Pendle pushes 2$Pendle looks like 2$ today on strong volume. After this strong sideways consolidation this is expected from one of the best networks on Arbitrum. I have remained bullish with a long-term end of year price target of 8-10$.
PENDLE/USDT upward momentum? 👀🚀PENDLE Analysis💎 Paradisers, focus on #PENDLEUSDT as it currently attempts to break a resistance level, hinting at a strong possibility for a bullish trend post-retest.
💎 #PENDLE has recently shown a Market Structure Shift (MSS) and is now making its second attempt to breach the $1.4107 resistance. A successful break above this point could open up an attractive trading opportunity at the retest level. If it sustains this upward trajectory, the next target could be the Fibonacci resistance level.
💎 However, given the ever-evolving nature of the crypto market, being ready for various outcomes is essential. If #PENDLE struggles to maintain its upward momentum after the retest, a change in our approach may be required.
💎 Under such circumstances, our Plan B would be to prepare for a bullish push from a lower demand level at $1.0204. It's crucial to remain alert, as failing to hold this level might suggest a tilt towards a bearish market trend. 🌴💰.
Pendle fib extensionPendle has exploded again with the arbitrum liquidity pump. I added fib extensions to attempt to realize some price levels for overextension etc. Pendle is my largest bag in the ecosystem after I sold GMX into the token to add more. I think there might be some resistance at the psychological 2$ level but we could easily extend as far as 2.1ish.
Remember the longer the consolidation, the longer the pump, this token had a great consolidation phase, this is when you add.
Spotted a Similarity Between NTRN and PENDLE
Hello, friends! Hope everyone is doing well ✌🏻
🧐I've noticed an interesting similarity between two assets - NTRN and PENDLE. Both of these assets are new, which is extremely important for my analysis. On closer inspection of NTRN, an exciting pattern emerges - a slight correction followed by a relentless increase of 300+%. PENDLE has a very similar structure and seems to be replicating this pattern. Currently, its price is at the maximum level that was during the listing. If compared with NTRN, a further rise of 200+% can be expected after the breakthrough.
I have already entered a position and will be observing. Here is the chart, which I am documenting for a more detailed self-analysis later on."
Pendle "Unlocking Litecoin's Potential: Why It's Time to Buy Now**Short Fundamental Analysis**
Pendle is a decentralized finance (DeFi) platform that aims to provide a more user-friendly and secure way to manage crypto assets. The platform offers a variety of features, including a non-custodial wallet, a decentralized exchange, and a yield farming platform. Pendle is built on the Ethereum blockchain and uses the ERC-20 token, PENDLE.
**Recent News**
* **Pendle Launches Public Beta of Decentralized Exchange:** Pendle has announced the launch of the public beta of its decentralized exchange (DEX). The DEX allows users to swap between a variety of cryptocurrencies without the need for a central intermediary.
* **Pendle Integrates Chainlink Price Oracles:** Pendle has integrated Chainlink price oracles to provide accurate and reliable pricing data for its DeFi products. Chainlink is a decentralized oracle network that connects smart contracts to real-world data.
* **Pendle Announces Staking Rewards:** Pendle has announced that it will be offering staking rewards for its PENDLE token. Staking allows users to lock up their tokens and earn rewards in return. The rewards will be paid out in PENDLE tokens and will be based on the amount of PENDLE staked and the length of time it is staked.
**Disclaimer**
The information in this summary is for informational purposes only and should not be considered financial advice. Investing in cryptocurrencies carries a high level of risk. Please do your own research before making any investment decisions.
**Additional Information**
buy some pendlei have set the target price only by market cap
entry only 1-5 % from your total investing
PENDLE/USDT Possible to make new higher high or rejected ??💎 PENDLE has undeniably captured significant attention in the market. Presently exhibiting a favorable rounding bottom movement, PENDLE is poised for a probability upward trajectory toward the Fibonacci target area.
💎 However, if PENDLE falls short of establishing a new higher movement in the future, there's a likelihood of a downward shift with a retracement to the demand area.
💎 In the scenario where PENDLE retraces to the demand area for a retest but fails to sustain its position, resulting in a breakdown, PENDLE may shift to a bearish movement, extending its descent and potentially retracing to a robust support area.
Pendle contractionPendle is once again contracting on both price action and RSI, a big move is coming. The token approaches all-time-highs and then we are in price discovery mode where charting becomes difficult for a while. I continue to hold this long-term aside GMX as my arbitrum exposure. Stay safe out there, I think we see all-time highs very soon.
PENDLE IS BULLISHAn upward structure can be seen on the chart. The previous roof is broken well and we have had a successful pullback. By maintaining the green range, it can move towards the targets.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
PENDLEUSDT Next Target $2.00PENDLEUSDT Technical Analaysis Update
PENDLEUSDT has formed a cup and handle pattern on the daily chart. Now that the price has broken through the cup and handle resistance (neckline), we can expect a 50% move from the current level.
Buy zone : Below $1.23
Stop loss : $1.10
Always Keep StopLoss
Regards
Hexa
Pendle looking to break consolidationPendle is looking to break consolidation to the upside on the bullish BTC price action. RSI is reaching for a breakout of contraction. Volume had a meaningful reset. With the Ethereum price action I expect the arbitrum ecosystem to maintain this bullish momentum. This next fib is my next price target and should resolve soon, if flipped to support, ATH is on the horizon (the gray fib). Once we are in price discovery, this becomes a lot harder to chart. We are sitting right after a bounce off the center moving average of the Bollinger band, this token is not overheating and is looking for another leg up. A local demand was updated for additional support if a breakdown occurs.
Pendle 12h is looking SOLIDPNELDE has one of the cleanest charts and looks amazing honestly
It has two harmonic patterns with good targets
I prefer to enter PENDLE with DCA strategy since it is above the POC
All the best insha Allah!
PENDLE target 24h time frame
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PENDLE is correcting since increasing 170% from 0.45, we can pay attention to two critical support. First one is 0.99, this is composed of previous wick lows, another is 0.618 Fibonacci Projection(0.94). Also, according to Elliot impulse wave, PENDLE is probably on the second wave. If it is, then we can target 1.7 and 2 in future.
TP: 1.7 / 2
SL: 0.8225
Pendle consolidates with rsi contractionPendle has been struggling to maintain the previous channel so I deleted those lines. The chart has respected fib levels very well on the weekly and daily. Price has been ranging between the .618 and .886 respectively. Volume is on an overall uptrend with contracting RSI. A move is coming. Gaming has taken the current hype away from RWA and defi plays. I think these boring times are good opportunities to stack up. The demand box is a fallback zone.We are approaching price discovery soon which will make it harder to chart Pendle. I am net bullish on the token and still have a 1 billion dollar market cap price target. However this is a bearish divergence here. We are looking to continue to consolidate for a bit.
#PENDLE/USDT trying to break the Diagonal Trendline #PENDLE/USDT trying to break the Diagonal Trendline and Bearish Order Block in 4-Hour TF!
$PENDLE needs to clear PWH $1.1855 resistance level to gain the bullish momentum. Wait for BO and retest to open a long position.
Altcoins going to bleed (pendle)Altcoins are about to have a meaningful correction here, the red dashed line is my first price target for Pendle. The token could fall as low as the .618 teal line. EMAs are coiling downward on falling volume and RSI. Correction time. I am not selling my spot Pendle.
Pendle Is Still Strong I anticipate that the price of Pendle will continue to rise further. There could be a bullish move of at least 20-40% in the coming days.
However, please note that this is my personal opinion and not financial advice. I encourage you to conduct your own research.
Pendle quick washout and uptrendPendle 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 continues trend linePendle 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.
