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POND / TetherUS
Long

Pond hidden bullish divergence. Upwards continuation.

By Secret_Cervix_Agent
Historic bounce off of RSI oversold support line. Hidden BULLISH divergence on MACD to confirm upward trend continuation. Price respecting the upward trendline dating back to JULY. Price fulfilled long term Fibonacci 'ABC' pattern, waiting on price to reach target 'D' (0.22494) - our first take profit. Price also completed a short term Fibonacci sequence, 'ABC', first short term Fibonacci target 'D' (0.21911) aligns nicely with long term Fibonacci target.

Have patience, don't get greedy and not take profits when price reaches our targets :)

Have a nice day.
Bullish DivergenceFibonacciPONDUSDTtakeprofittargetsTrend AnalysisTrend Lines
Secret_Cervix_Agent

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