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PONDUSDT

Marlin (POND)Marlin is an open protocol that provides a high-performance, programmable network infrastructure for DeFi and Web 3.0. Its native utility token, POND, is used for: 1) Running validator nodes on the network via staking; 2) Making and voting on governance proposals to determine how network resources are allocated; and 3) Determining a set of network performance auditors and compensating users from an insurance fund in case of an SLA breach. Anyway, it is clear from the chart that POND was in a downtrend. Then, POND made a consolidation area in the shape of a triangle and then broke both this area and the major downtrend line. With this, POND started an upward phase that went up to the first horizontal resistance area. But POND couldn't break this horizontal area, and as a result, a correction started. Recently, POND broke the minor downtrend line and is going toward the horizontal resistance area. Let's see if this time POND can break it or not.
CRYPTO:PONDUSDLong
by SaeedSalehinia
GBPUSD Medium cycle GBPUSD was in the bullish channel and now its broken that and its on a supportive level. According to my last idea, i said if its hunt the channel sooner that we expected its show the bearish trend power. Then the bullish channel broke. but now the price on a supportive level and i think the trend can reversal. also the DXY confirm that because its in a resistance level. its show dollar will be weak. Its just my personal comment please don't trade whit this. I have no responsibility for your money.
Long
by Arco-ir
#POND/USDT#POND The price is moving in a 12-hour bearish channel, is very committed to it, and has just broken through it We have a green support area at 0.01650 that is expected to be bounced from due to its strength We have a trend to hold above the Moving Average 100, which is strong support for the rise We have very strong oversold resistance on the RSI indicator to support the rise with a strong downtrend Entry price is 0.02300 The first target is 0.02800 The second goal is 0.03260 The third goal is 0.03800
Long
by CryptoAnalystSignal
PONDUSDT.4HOn this 4-hour chart for Marlin (POND) against Tether (USDT), the price action is within a critical area of the Ichimoku Cloud, which can offer insights into the market's momentum and potential support and resistance levels. Ichimoku Cloud: The price is currently sitting just above the Ichimoku Cloud. If it stays above, the Cloud can act as support, suggesting a bullish trend. A drop below the Cloud could signal a shift to a bearish trend. Trendlines: A descending trendline is visible, which has been acting as resistance. If the price breaks above this line, it might indicate a potential reversal to the upside. Support (S1): There’s a support level at the green ascending trendline, which if held, could indicate that the price may continue its uptrend. Resistance (R1): The resistance level is marked above the current price. If the price reaches this level and fails to break through, it could lead to a potential sell-off. MACD (Moving Average Convergence Divergence): The MACD is below the signal line, suggesting bearish momentum. However, the histogram is showing less negative momentum, which could indicate the possibility of a trend reversal or consolidation. RSI (Relative Strength Index): The RSI is hovering just under the midline at around 47, which is neither particularly bullish nor bearish. Conclusion: I’d watch the price action in relation to the Ichimoku Cloud and the descending trendline. Maintaining above the Cloud and breaking the trendline could offer a bullish signal, in which case I would consider potential long positions with R1 as a target. If the price falls below the Cloud, I’d be cautious of a bearish trend developing and consider any trades accordingly, potentially looking for short opportunities if the trend confirms. The mixed signals from the MACD and RSI suggest it's a critical moment to be vigilant for confirming signs of the future price direction. Trading decisions should be complemented with other analyses and the latest market news.
by MarsSignals
POND/USDT Breaking out the Key resistance. Bullish Momentum ???💎 POND has recently experienced significant developments in the market. Presently, POND has achieved a successful breakout of the key resistance area, effectively breaking free from the confines of the accumulation zone resistance. 💎 This development is indicative of a bullish momentum for future movements, with the probability for the price to undergo a retesting phase before continuing its upward trajectory, ultimately targeting the bearish OB area. 💎 However, if during the retesting phase, POND fails to demonstrate a bounce and instead retraces back into the accumulation zone area, this could be interpreted as a false breakout, potentially leading to a downward movement with the likelihood of reaching the demand or support area. 💎 To maintain its bullish momentum, POND would need to bounce from this point and reclaim the price above the accumulation zone area. Failure to do so could result in a continuation of the downward movement, eventually reaching the strong support area.
by MyCryptoParadise_Nathan
PONDUSDTThere is a large side area extending to 490 days inside the body of a weekly candle that has not been broken yet. If its peak is broken and the top is closed, the market will go to the shaded area above The analysis fails if it closes below the weekly candle Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of this analysis with a more accurate look Good luck
Long
by KhaldHegazy
1
PONDUSDT Demand Zone Formation and 50% Upside Potential 📊💎 #PONDUSDT formed a potential bottom on June 10, followed by an impressive 83% price surge. During its upward movement, #POND confidently broke above the downtrend trendline, indicating a possible shift in the long-term trend. However, after bouncing off the supply zone, #PONDUSDT experienced a significant pullback, with the price correcting down to the 78.6% Fibonacci retracement level at $0.0078. 💎 What's intriguing is the precise bounce off this Fibonacci support, accompanied by a clean rebound from the uptrend trendline. Consequently, a demand zone has been established, and as long as a new lower low is not formed, we can anticipate further upside, with a retest of the supply zone near the 78.6% Fibonacci resistance. 💎 Once/if our upside target is reached, a gain of over 50% will be achieved. Overall, the risk-to-reward ratio for buyers looks favorable, and the MCP team is eagerly awaiting the opportune moment to join this bullish journey.
Long
by MyCryptoParadise