Pundi X (PUNDIX) - August 1
Updated
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(PUNDIXUSDT 1W Chart)
The key is whether it can be supported in the 0.772-0.910 section.
(1D chart)
Primary resistance: 0.841
Secondary resistance: 0.910-0.963
Support: 0.738-1.772
In order to continue the upward trend, it must rise above the HA-High indicator.
therefore,
- Maintain the price by rising above 0.963 as it is, or
- It should go down, causing the HA-High indicator to decline.
In order for the uptrend to continue, the horizontal line of the HA-Low indicator must be longer than that of the HA-High indicator.
It is expected to swing up and down to reverse the trend in the current flow.
If the price holds above 0.578, I think it is likely to lead to further gains.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(PUNDIXUSDT 1W Chart)
The key is whether it can be supported in the 0.772-0.910 section.
(1D chart)
Primary resistance: 0.841
Secondary resistance: 0.910-0.963
Support: 0.738-1.772
In order to continue the upward trend, it must rise above the HA-High indicator.
therefore,
- Maintain the price by rising above 0.963 as it is, or
- It should go down, causing the HA-High indicator to decline.
In order for the uptrend to continue, the horizontal line of the HA-Low indicator must be longer than that of the HA-High indicator.
It is expected to swing up and down to reverse the trend in the current flow.
If the price holds above 0.578, I think it is likely to lead to further gains.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Note
(PUNDIXUSDT 1D Chart)Resistance: 1.056-1.134
Support: 0.772-0.910
If it is supported and rises in the 1.056-1.134 section, it is expected to form a new uptrend.
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