PUNDIXUSDT trade ideas
PUNDIX HODL ! Hello there ;
PundiX The former NPXS could not collect volume after the split. The reason for this was that swap transactions did not occur in all exchanges during the transition period, and 2 coins and investors were formed in the market as both NPXS and PundiX. Recently, they have been trying to support the transitions in other exchanges and this process will necessarily increase the demands for PundiX. HODL can be added to the list of coins we will be adding, and many different figures may be encountered in the future.
We created a channel between 3.60 and 2.70. If there can be an exit from the channel, the rise can accelerate.
Reg.
Merhaba ;
PundiX Eski NPXS bölünme sonrası hacim toplayamadı . Bunun sebebi geçiş sürecinde bütün borsalarda swap işlemi gerçekleşmemesiydi piyasada hem NPXS olarak Hem PundiX olarak 2 coin ve yatırımcısı oluştu. Yakın tarihlerde geçişleri diğer borsalarda da desteklemeye çalışıyorlar ve bu süreç PundiX e olan talepleri zorunlu olarak arttıracaktır. HODL edeceğimiz coin listesine eklenebilir ileride çok farklı rakamlar ile karşılaşılabilir.
3,60 ile 2,70 arasında bir kanal oluşturduk. Kanaldan yukarıya çıkış olabilir ise yükseliş hızlanabilir.
YTD.
Syg.
PUNDIX - Daily - "New Redenomination Support In Progress"Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
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///////👍✋Not financial advice, do your own due diligence ✋👍////////
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➡️Technical Standpoint⬅️
1.) Open interest has been increasing for PUNDIX. Meaning several shorts and longs are being placed.
2.) Based on the social activity indicator, the fuchsia dot clustering suggests consolidation.
3.) A close and hold above the 0.618 FIB, would allow for a move to the next FIB zone.
➡️Fundamental Standpoint⬅️
1.) Deflationary based token burn to occur between the first and second week of July.
2.) Total supply around 260 mil.
3.) Market cap around $750 mil.
➡️Current Season⬅️
- Altseason / 105 Days
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//////Indicator Legacy/Meaning//////
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✨ Linear Regression Line( LR ): is the green/red worm-like line.
✨ Major Resistance Line( MRL ): is the color fuchsia.
✨ Major Support Line(MSL): is the color aqua.
✨ Social Activity Indicator(SA):
- Based on trader sentiment. The indicator will provide either a Strong Interest, Neutral/Some Interest, or No Interest signal.
- Lime background = spike in interest.
- Yellow background = drop in interest.
- Fuchsia Circles = Clustering of circles on the lower end of the spectrum means consolidation.
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///🎉🎉🎉Before You Go🎉🎉🎉///
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""Keeping it short and sweet as always.""
- assetsandcoffee📈☕
🆓Pundi X (PUNDIX) May-05 #PUNDIX $PUNDIXPUNDIX is moving down to 2.5$ zone after losing the 3$ zone. The 2.5$ is an good opportunity for PUNDIX to make new rally up to 4.7$ zone in this May. But if it keep losing the 2.5$ zone, it may drop to 2$ or even 1.5$ zone
📈BUY
-Buy: 2.44-2.56$ if A. SL if B
-Buy: 2.93-3.07$ if A. SL if B
📉SELL
-Sell: 2.93-3.07$. SL if A
-Sell: 3.52-3.68$. SL if A
-Sell: 4.6-4.8$. SL if A
♻️BACKUP
-Sell: 2.44-2.56$ if B. SL if A
-Buy: 2.0-2.1$ if A. SL if B
-Buy: 1.4-1.5$ if A. SL if B
❓Details
🕯Timeframe : 8 Hours
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
PundiX: Back towards 4$ and Beyond ?Pundi X is very popular. And BTC is a little bit back on track. If btc manage to keep stable or rise towards 60K or even 70K. Alts are in for a nice Bull moment too.
PundiX made a token burn of /1000 where it seems to be recovered from. It went down from aroun 8$ to $2.10. And build up some heavy resistance points.
I made a little forecast. Pundi is currently retesting the 3.52 resistance. For the 4th time. If it fails again it will retest the 3.27 again.
This is a support that has been tested twice before and i believe it will hold for a 3th time.
I also think it will move along the up trend line. And it will break this resistance.
What will bring us to the 3.71 previous supp. now resistance. Which is also the 1st target. ( Blue text)
It probably will test the new support around 3.52.
And from there the first old support now resistance $4.125 will be tested and which will be our 2nd target.
From there the next fib sequence will be the 1.618 ( on $4.20 ) What will act as some resistance but will hopefully break and that brings us on the 4.45
And last target for this TA.
The Red line is a less bullish line. And also a trigger on which this TA will be totally invalid.
PUNDIX ideaThe goal of the Pundi X project is to make cryptocurrency available to everyone. While other similar projects attempt to outperform the banking system, Pundi X looks to simplify transforming retail businesses to make this happen.
Pundi X has created a blockchain payment ecosystem with the XPOS, XPASS and the virtual XWallet. The XPOS is the world's first blockchain-powered wireless point-of-sale (POS) for cryptocurrencies.
Using the XPOS, retail merchants, as well as consumers, can easily buy, sell and transact using digital assets in physical stores. The product is designed to accept every cryptocurrency. Popular digital assets like Bitcoin (BTC), Ethereum (ETH) and Pundi X (PUNDIX) are listed within the ecosystem.
PUNDIX/USDT I am staying away for nowThe long term trend is bearish for the coin, it's in the new zone of price discovery . There are no heavy buyers observed in the Zone. I will defiantly stay away from it until it clears this zone. There is always the possibility of reversal but it's not showing the signs till now.
For now, until the cloud clears I am going to invest somewhere else :)
Best wishes, Let me know your thoughts on this.
Disclaimer:
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in the publication constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.