POND/USDT Analysis with targets LONG!Buying some POND here
Fundamentally strong project, has given us great profit during previous rally.
At the moment it is consolidating in a tight range for a long time. Broke the $0.01$ resistance, took hold above and now forming a Falling Wedge.
Worth buying, but be careful. Bitcoin can ruin the setup partially.
PONDUSDT
$pond will surprise everyone $pond #pond Layer 0 project. Listed on #Coinbase, $btc pair sitting on ma200 4H, D; consolidating under resistance. Tp1: 149; Tp2 229; Tp3 541 sats. Usd pair looks juicy too, accumulation from May 12. Pond looks like $matic before it starts its rally from 120 to 6500 sats.
Marlin POND - Very bullish pattern! +150% in few days + Triangle
This altcoins has an amazing trade setup for bulls!
On the daily chart we can see an ascending triangle, the most bullish chart pattern and we are close to a breakout.
As per my Elliott waves analysis, the impulse (5-3-5-3-5) has been completed, so we can expect an ABC retracement now.
On the log scale the price is printing an descending channel and this is a nice profit target for our trade.
This will be a quick trade that can take just a few days.
You can buy a breakout above the triangle, If you want to increase the probability of success.
Look at my ideas about interesting altcoins in the related section down below ↓
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$POND #POND Chart ExpectationPond is a Layer 0 protocol which operates for a few years now. We already had Layer 1 and 2 booms in the past (Some are still ongoing) and I think Pond has good papers to be on top of the next narrative, layer 0. From a fundamental perspective it's bullish , also the marketcap makes it attractive as a investment.
At the moment Pond is facing some resistance at the channel bottom, tries to go in again.
Midterm targets have been given (blue marked), it's up to you what kind of play it becomes (short,mid or longterm).
Happy trading...
POND/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick POND/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-POND/USDT tringle pattern conform and retest buy the green zone
Entry:-CMP AND GREEN ZONE BUY
Target:- 30% to 40%
Stop loss:- 0.03986
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
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