PONDUSDT AnalysisHello friends.
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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!
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PONDUSDT
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
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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.
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Pond - is going to break this range 😲😲Now that bitcoin is falling, altcoins will fall several times harder. These are opportunities for more profit percentage. Pond is now trading in a range. It's worth looking at the $0.078 level, which is support at the moment. But if the price breaks this level, there is a high probability that the POND will fall to the marked area. A good selling opportunity could come after a breakout or a retest of $0.078 as resistance.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade