Polkadex ready?Hello friends,
it's been a while.
I'm monitoring this beauty for a while now, imho it is ready for a 10x from here.
Let's see how it goes, cheers!
NFA/DYOR.
Kripti.
PDEX
PDEXUSDT 🏹see and watch :)
The downtrend line has been broken and also in terms of candlestick, a good pattern has been formed and in the end, the excellent R/R ...
PDEX - Polkadot ecosystem DEX for big gainsPolkadex Orderbook is a non-custodial peer-to-peer trading platform that merges the benefits of both centralized and decentralized exchanges in one product.
The current CoinMarketCap ranking is #550, with a market cap of $70,000,000 USD. There is a lot of space for growth here. If it reached just 10% of UNI M.Cap it would be 17x from current level!!
It has 60k Followers on Twitter and some big crypto names are fans of it which could only help to reach more people.
After listing PDEX drop to 5.25$ and formed nice round bottom. Ever since that PDEX is in accumulation and ranging from 15-16$ to 25-26$.
You can buy rang low and sell range high for short term trades with stop loss under/over range low/high zones or accumulate and wait for explosion to 10% of UNI M. Cap.
Once range high is turned into support, 32-33$ resistance will come fast and after that resistance there is nothing to stop PDEX.
This is one of mine longer term small caps and even if it dips under "range low" (if BTC dumps even more from current levels) I will just buy more.
I don't have any specific targets for PDEX. 10x or 700,000,000 $ is likely for project like this.
PDEX setup looks ready to to challenge previous ATHGreat retest of trendline + support zone. Good initial bounce from green region.
With Polkadot bullishness lately and if any dump does not occur, it could reach new ATH soon and much more.
pdex updatepdex is still consolidating had a couple good moves to upside but came back down. we have good momentum and trigger wave on the daily chart. i expect a good break and potential $30+ in the next week or 2. as long as btc doesn't completely dump. patience will pay off with this project.
🆓Polkadex (PDEX) Oct-1 #PDEX $PDEXPDEX has just conquered the 20$ zone and is heading to 24$, 28$ and 36$ zones in October. But the 20$ zone is sill not stable so we need to back up a buy order at 18$ or 16$ to DCA (Double Cost Average)
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 20$ zone
🔴Buy : 20$
🔴Sell : 24$ - 28$ - 36$
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 20$ zone
🔵Buy : 16$
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
pdex break outas expected pdex held and is breaking out with decent volume. once we can break $25 we should see $30 there is very little resistance above us after that. then price discovery. (as long as btc doesn't dump)
pdex/usdstill waiting for pdex to finish this accumulation im expecting a break to the upside on this. with the mainnet launch coming up. market cap at 50 million this is a gem of a project.
PDEX head and shoulders#PDEXUSDT
$PDEX made a reverse head and shoulders pattern, that can reach the price to $48 in midterm.
wait to break out from descending resistance and buy.👀
POLKASWAP ($PSWAP) SPOT LONG POSITION Polkaswap is down 90%+ from highs. With $PDEX and $DOT breaking out, this could be an interesting play
🆓Polkadex (PDEX) June-10 #PDEX $PDEXPDEX is increasing strongly from the 18$ to 22$ zone, however, its volume is quite weak while the 22$ area is a very strong resistance zone so it is highly likely that PDEX will have a correction to the 18$ zone before rising to the $22 zone and continue to increase to the $28 and $32 zone this June
📈BUY
- Buy : 17.5-18.5$ if A. SL if B
- Buy : 21.5-22.5$ if A. SL if B
📉SELL
- Sell : 21.5-22.5$ if B. SL if A
- Sell : 27.5-28.5$. SL if A
- Sell : 31.5-32.5$. SL if A
♻️BACK-UP
- Sell : 17.5-18.5$ if B. SL if A
- Buy : 14.5-15.5$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and 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
PDEX, HODL THE LINEPDEX good long hold, will go over $1bMC next bull run. 1.96m tokens in circulation rn.
My BTC planDONT PANIC, DCA, Take some off the table, HODL, Bitcoin might never be this cheap again for months, or you will get a shot at cheaper BTC. Good opportunity !
Btw, for some good alts, check out TRIAS, VRA and PDEX
Polkadex readies new breakoutPolkadex which broke out of its Descending Wedge, which I was able to point out just minutes before actual breakout happened, looks to be forming another breakout pattern.
We have an ascending bullish triangle, the lows get higher, and highs are somewhat symmetrical. The selling pressure is decreasing as the buying pressure increases and this could be a nice looking breakout.
Please wait for confirmation.
Polkadex, look for confirmation of BreakoutPDEX has been on everyones Radar recently. Polkadex is the first DEX (decentralized exchange) for the Polkadot Network. High speed, very low fees!
It has been consolidating ever since it went up on the IDO. It just started breaking out on top, and maybe we will actually see a breakout, we will see.
Anyways, keep your eyes on it.
PDEX - Range Bound No Longer?Disclaimer: new token, low volume, low liquidity. After the initial listing pump, we have settled into a nice channel and now range as marked. Support at the 13.50-14$ level has shown to be strong.
First attempt at channel breakout wasn't clean. Looking to go for it again.
Potential bullish engulfing on the daily is printing.
Breaking out of the channel, range, and getting about the H4 Pivot could see PDEX getting to its wave 3 target quickly.
Target: 60-70$.
$PDEX LONG TERM ANALYSISPDEX HAS amazing Potential future.
Support and Target points are clear on the chart.
Please follow my account for more analysis.
Idea will be updated when reach any of the key lines.
