Pundi X 1h ShortSetup: Pundi X has been on long term downtrend and recently got rejected off 200D EMA and its 4h 200 EMA
Entry: 0.8145
TP: 0.71
SL: trail using SAR indicator( currently at 0.8526 )
PUNDIXUSD trade ideas
PUNDIX 4h shortSetup: PUNDIX has been respecting the downward trend line
Entry: Macd crosses down
SL: 1 ATR above 200 EMA
TP: 0.6( ATL)
PundiX finally breaks out of 1.5 month Triangle patternPundiX in my opinon looks like it's finally starting to make its way up to the 23.6% retracement level.
PundiX, short to midterm hold.PundiX (formerly NPXS) lost its hype after the redenomination and regaining some momentum after its massive drop to ~$0.5. I'm expecting a bounce in these areas, placing my spot orders around $1.71-1.65 area, then I'll DCA if it goes lower to ~$1.59. I may place some orders at MA200 (blue line).
Not a financial advise. Just my idea. Let me know your thoughts. Have a good day! 😊
I'm clearly bullishPundix had a breakout of the falling wedge pattern and it's now printing an inverse SHS pattern as the retest. A clear indication of bullishness.
Falling wedge bottomPundix just hit a strong support forming a falling wedge. I'm taking a risk to buy. Buy now or buy the breakout.
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Pundi x After consolidation for a while and then some major sell off while the token swap was happening. overall I'm pretty bullish on pundi x lets see if this can go our way.......The only way is up!
The only way is up! After the swap the exchanges will open again and the Pundix will go up again as it was!
