XVG x PumaPay - XVG Throw it in the trash end buy Pumapay PMAADVISED
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XVG Throw it in the trash and buy Pumapay PMA
Npxs
NPXSUSDT AnalysisPeople who listened EngineeringRobo's sell signals, they saved 29% of their profit from losing.
As of now, there are 3 SELL signals & I'm BEARISH.
So, this is not a good time to buy at the moment.
If you want to buy again, we have 4 different options;
1- You can wait for EngineeringRobo's buy signals to be present,
2- You can buy if candles will touch the support line (0.00014),
3- You can buy when candles open-close above the up-trend line,
4- You can wait for candles to open-close above resistance level (0.00020) for 1D to buy.
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
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NPXSUSDT formed two bullish reversal movesHey, friends hope you are well and welcome to the new update on Pundi X. Previously we have seen that this token had formed a Cup and Handle formation and the price action was just completing the handle of this cup. Therefore I was expecting that the price action will try to breakout the resistance of the Cup that was at $0.0002400. Finally the price action started the bullish move and hit the resistance of the cup but unfortunately the priceline of NPXS token failed to breakout and dropped down again.
The support of the channel is broken down:
During this drop the price action also broke down the support of the up channel where it was moving since mid of March 2020.
www.tradingview.com
The priceline is breaking out 200 SMA:
The price action of Pundi X token also broke down the 50, 100 and 200 simple moving averages on the daily chart. Then the priceline started consolidating just underneath 200 simple moving average. Now the price action of NPXS token is likely to breakout the 200 SMA again. Once the priceline will have strong support of 200 simple moving average then we can expect that it will also break out the 50 and 100 simple moving averages as well.
Hrmonic bullish Shark move:
Now if we switch back to the 2 day chart again then it can be easily observed that the cup and handle pattern is still not invalidated because the price action has retraced up to 0.618 Fibonacci level. This is the Fibonacci level from the bottom of the cup to the resistance. Now if we take more closer look at the chart then it can be easily seen that the price action has also completed the bullish Shark pattern on this 2 day chart and just entered in the potential reversal zone. After initial X to A leg the price action is retraced between 0.382 to 0.618 Fibonacci retracement level. Then B to C leg is projected between 1.13 upto 1.618 Fibonacci projection. There is a minor difference to reach up to 1.13 Fibonacci projection but all other legs are driven perfectly as required for the bullish Shark pattern, Therefore I have ignored this minor difference. The final leg has retraced between 0.886 to 1.13 Fibonacci level and from here the potential reversal zone of bullish shark starts. Now we can expect that from this PRZ level the price action can start the bullish move at any time.
Conclusion:
Even though the price action of NPXS token has formed two bullish reversal patterns therefore we can expect that the priceline will start the movement to the upside very soon. However, we should set the maximum extent of the potential reversal zone of bullish shark pattern as stop loss. Because if this support will be broken down then more powerful rally to the downside can be started.
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PMA Pumapay Top We are already preparing ground. 2nd round sightPMA Pumapay Top We are already preparing ground. 2nd round sight
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NPXSUSDT once again ready to move up from the support of channelHi friends, hope you are well and welcome to the new update on Pundi X token. Recently token rallied more than 50% and retraced back again. As in my previous article I told you that the price action has completed the cup and handle pattern and there was a possibility that the price action will breakout the handle and also hit the resistance of the cup. Finally, the priceline of NPXS token moved up and broke out the handle and hit the resistance of the cup that is at 0.0002400 btc.
The priceline has broken down the EMAs:
Recently the price action also has broken down the exponential moving averages with the time period of 10 and 21 on the daily char. But if we watch the history of the priceline after the bullish move of March 2020 then it can be clearly observed that whenever the price action breaks down these to EMAs then after few candlestick the price action breaks out these exponential moving averages again and starts then you rally to the upside.
Price action hits the again:
After being rejected from the resistance of the Cup & Handle pattern at 0. 0002400 btc the price action again moved down at the support of the up channel. This channel was started after the mid of March 2020. We have already seen that the price action has recently broken down the exponential moving averages 10 and 21. Now this support of the channel will help the priceline of NPXS token to move up again and break out these 2 EMAs. Now the price action can again reach at the resistance of this channel. It can be approximately 21% move. Therefore in next few hours are very important as a price action has already consolidated at the support, therefore it can start the new rally to the upside very soon.
For the 1st time NPXS hits bearish cloud for big move:
Now if we switch to the long-term weekly chart and place Ichimoku cloud. Then it can be clearly observed that for the first time in the history of Pundi X the price action of this token is trying to break out the bearish Ichimoku cloud. The lagging span of Ichimoku cloud is already above the candlesticks and we have already received bull cross between the conversion and the baseline that is very strong bullish signal. The cloud in itself is also getting squeezed and soon it can turn bullish. Once the candlesticks will be entered in this bearish cloud then we can observe a very rapid move up to resistance of this cloud and once the cloud will be broken out then it will become a very strong support for NPXS token. Using this support the price action can start a very long time bullish rally
Conclusion:
From the mid of March up till now the Pundi X has surged more than 240%. At this time it is moving in the up channel. But we should use the support of this channel as stop loss because if this support will be broken down then in new rally to the downside can be started.
NPXSUSDT analysisMA20>MA50, buy2 and green robo signal . Here is my analysis:
1. We can buy since risk/reward ratio is greater than 20
2. We can buy at support = 0.0204usdt
We can use sell2, red robo or when MA50>MA20 signal for sell decisions. Otherwise, we can also sell at resistance depending when you buy.
NPXSUSDT bullish pennant breakoutNPXSUSDT bullish pennant breakout
Ichimoku is also looks good on Daily Chart
Targets are on chart
NPXSUSDT ANALYSISBased on my analysis, the candles are stuck between the resistance line($0.0002357) and dashed line(support line), so it is a good idea is
- buying at the dashed line and selling at the resistance line($0.0002357)
If you have NPXS, you should wait at the resistance line because EngineeringRobo's signals are showing BUY( Moon and Green Cloud).
However, when the candles pass the resistance line (0.0002357), the next stop line will be $0.0005
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Bittrex and OKEX and HitBTC
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We will have a great striker
Tips
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