POND 25.12.2021 - LongPeople are talking about Web3 coins so much, so I decided to take a look at some Web3 coins that they said it is potential in the next couple of months.
Let's analyze pair POND/USDT.
Firstly, on RSI indicator we can easily see the divergence compare with price line on the chart (price is going sideway but RSI is increasing)
Secondly, it just breaks out down trend by using trend indicator PSAR.
About target, we could see that if we open Long position now, it could be a good position because it is very near the last support key level by using Fibonacci Retracement, so the target will be next level on Fibonacci indicator which means 0.86
Conclusion: Open Long position there.
- Entry: 0.66-0.68
- Target: 0.86
PONDUSDT
POND ready to fly 30%- 300%#POND/USDT
$POND is a web3 coin with great potential to increase.
price broke out descending resistance and touched the parallel resistance and rejected to pullback to broken line.
now price is above long term support and can increase to parallel resistance.
breaking out from descending resistance will lead price to resistance zone, and break out from resistance zone will rise more to touch $0.2.
PONDUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 0.13 - 0.16 - 0.19
after first target reached move ur stop to breakeven
stop: under 0.07 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 4
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
POND broke out triangle#PONDUSDT
$POND broke out from triangle pattern.
there is another descending resistance parallel to upper line of triangle and also it is the same with a long term resistance zone.
price can head up to touch this resistance zone, and breaking above it will lead price to 0.5 fib level of whole swing down.
breaking out of 0.618 fib level may head up price toward 1.414 and 1.618 fib levels.
PONDUSDT what's next for Marlin POND POND is trading in a particular zone for some time. Resistance levels are 0.9869 and 0.11558 if daily candle closes above 0.9869 we can see a move to 0.11558. Also if the upper trend line is broke we can see a good move upward to 0.18 level. On the downside support levels are 0.7411and 0.6574
[PONDUSDT] End of symmetrical triangle... bullish!Hi all,
PONDUSDT is doing a great symmetrical triangle on both Daily/Weekly timeframes.
RSI is doing a huge bullish divergence since May (!) and MACD is showing some bullish signs, trading above the signal line for the past couple of days.
POND made a great pump one month ago with a great volume spike as you can see on the chart, then it went back into the triangle. The accumulation was done mostly in the current trading zone as the Volume Profile tool shows (green rectangle).
Bollinger's band are showing a sort of contraction which indicates a ranging zone being consolidated.
I believe POND will explode in upcoming days. 40% to 180% move according Fibonacci's levels (0.618 to 1).
This is not an investment advice, just sharing my thoughts as always.
Good luck everyone! :)
Pond hidden bullish divergence. Upwards continuation.Historic bounce off of RSI oversold support line. Hidden BULLISH divergence on MACD to confirm upward trend continuation. Price respecting the upward trendline dating back to JULY. Price fulfilled long term Fibonacci 'ABC' pattern, waiting on price to reach target 'D' (0.22494) - our first take profit. Price also completed a short term Fibonacci sequence, 'ABC', first short term Fibonacci target 'D' (0.21911) aligns nicely with long term Fibonacci target.
Have patience, don't get greedy and not take profits when price reaches our targets :)
Have a nice day.
LONG PONDUSDTUPDATE to my last analysis. There is a possibility for an upcoming inverse head and shoulders pattern. It's a reversal pattern including a second bounce from a 0.618 fib level (golden pocket zone). This is very bullish if it keeps up. Also notice that the last big red bar had low volume.
POND - Trade SetupPOND had a 35% move up and seems strong. There are strong buy volumes on the market.
It's pushing up the Bollinger bands but still tries to consolidate, which is a good sign.
Its been getting rejected by resistance too many times so watch out with your long positions.
Wait until the price crosses the first resistance and after it confirmed and closed a 4H candle above resistance, you can open your long positions. Use risk management.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $0.1000
Good Luck
Tell me your ideas. Like and Share
PONDUSDT Long: Volume Increasing and Price respecting trendlinePond is respecting its uptrend and looks keens to break weekly resistance this as the buying pressure is increasing with all time high volume on binance. Whales buying it like anything and on verge of massive breakout in USDT pair. Low cap gem which haven’t performed yet but definitely having insane upside potential in coming days. You can buy it now while it’s still near strong support zone. It can pull a 50% from here in no time. Have a good time.
If you like the analysis please give it a like and follow. Thanks.