Long

Pundi X Breaks With Good Volume (Time To Move!)

Updated
We have been looking at Pundi X (NPXSBTC) for quite a while now, always remaining strong.

This one didn't take off like a rocket but its priced always remained above our recommended buy-in range.

At the current price, we are about 30% in profits from our last published active trade... But nevermind that, let's look at the chart:

  • We are looking at a strong breakout right now with NPXSBTC going below EMA10, EMA50 and EMA100, just to quickly break above all three with good strength and volume.
  • The above signal is enough for us to know that NPXSBTC will produce additional bullish action.
  • The high volume breakout is the main indicator here.


You can expect additional bullish action coming from this altcoin/token project.

Conditions for change: A break down and close below 17 satoshis invalidates the above signals and sends NPXSBTC into the bearish zone.

Thanks a lot for reading.

Remember to hit like.

Namaste.
Trade closed manually
"Conditions for change: A break down and close below 17 satoshis invalidates the above signals and sends NPXSBTC into the bearish zone. "
alanmastersBeyond Technical AnalysisbinancebitmexbittrexTechnical IndicatorsnpxsNPXSBTCpoloniexpundixTrend Analysisxbt

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