Pundix
PUNDIX/USDT Main trend. Channel. Triangle. 21 10 2023Major trend. This idea is a continuation of a closed idea on this pampa coin published 1.5 years ago before a series of significant pumping (in a bear market) in the process of forming a channel with a wide range.
PUNDIX/USDT Major trend. Downtrend channel. Pivot zone
The main trend is a descending channel. Now the volatility is narrowing under the descending trend line, and a descending triangle is forming. The reversal zone. The denouement in the near future.
The descending triangle itself is a bearish formation, but at the moment it has formed at -91% of the price highs (liquid high zone, not listing) and under the descending trend channel. This is a positive sign. It is important to hold the "level" of 0.3181.
It is worth noting that due to low liquidity, all price movements have a huge percentage. Stops on such coins due to price slippage (low liquidity) are useless, even with a large step (irrational). It is preferable to work from the average set/reset price with a pre-allocated position according to your risk management. The exception is protecting profits or entering a trade with stop loss after they are knocked out (very hard to catch in time).
1) Breaking a downtrend under a pamp alts - trend reversal. Significant Pump.
2) Breakdown of descending triangle support - dump, descending triangle targets.
Line chart.
Locally given large triangle in its final phase of formation.
PUNDIX/USDT A successful break the key resistance will bullish!💎 Paradisers, #PUNDIX has recently exhibited significant market dynamics. Currently, PUNDIX is attempting to move upward and break out of the key resistance area.
💎 However, it has faced rejection multiple times in the past when trying to break out. If PUNDIX successfully breaks above the resistance area this time, it could potentially continue its upward movement and reach our target area at the strong resistance level.
💎 On the other hand, if PUNDIX fails to break out of the resistance area once again, there is a possibility of it retracing back to the support area around $0.76 to gather momentum for another attempt.
💎 At the support area, it is crucial for PUNDIX to bounce and resume its upward movement in order to make another breakout attempt. However, if PUNDIX breaks below the support, it could confirm a bearish trend continuation, leading to further downward movement.
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iFeel the success🌴
PUNDIX/USDT in a Perfect Position to Rally? 👀🚀PUNDIX Analysis💎Paradisers, turn your attention on #PUNDIXUSDT, as the current indicators point towards a potential bullish resurgence from a key support zone.
💎In our latest analysis of #PundiX's market behavior, we've observed a 36% retracement from its recent high. Nonetheless, the steadfastness at the $0.529 support level suggests a potential for upward movement.
💎While challenges in surpassing previous highs or breaking past records have led to a short-term bearish sentiment, the $0.529 threshold remains critical for #PUNDIX. This level is on the verge of initiating a significant bullish wave with further assessment.
💎Being strategic in our trading approach means having a Plan B. Should #PUNDIX's strength at this support wane and it descends further, we're set for a bullish recovery starting from the next support at $0.437. It's important to note, however, that a breach below this marker could indicate the onset of a deeper bearish phase.
💎Keep your trading strategies flexible and your eye on the market, Paradisers. Your ParadiseTeam is closely monitoring, poised to steer you through these evolving market conditions.
PUNDIX/USDT Gearing for a Bullish Leap? 👀🚀PUNDIX Analysis💎Paradisers, let's take a closer look at #PUNDIXUSDT, as the current trend suggests a strong possibility for a bullish recovery from its important support zone.
💎Examining #PundiX's recent market trends, we've noticed a steady 33% decrease from its latest peak. Yet, its resilience at the support level of $0.365 indicates the likelihood of an upward trajectory.
💎Despite difficulties in reaching new highs or breaking through past levels, which has contributed to a temporary bearish outlook, the $0.365 mark is pivotal for #PUNDIX. This level could be the catalyst for a significant bullish movement upon another test.
💎As strategic traders, we're always prepared with an alternative plan. If #PUNDIX weakens at this support and drops further, we're aiming for a bullish resurgence from a secondary support level at $0.313. However, be aware, falling below this level might point to more pronounced bearish trends.
💎Stay versatile with your trading strategies and keen on the market's pulse, Paradisers. Your ParadiseTeam is diligently observing, ready to provide guidance through these market shifts.
#PUNDIX/USDT#PUNDIX
The price is moving in a downward channel and sticking to its limits well
It was penetrated upwards forcefully and was stabilized above it
We have a higher stability Moving Average 100 in red
We have an uptrend on the RSI that the price is following well
Entry price is 0.4734
The first target is 0.5022
The second target is 0.5352
The third goal is 0.5748
#PUNDIX/USDT#PUNDIX
Bitcoin's price has been falling for months, but we are now seeing the start of an upward trend, which is likely to have a major impact on the prices of other cryptocurrencies.
We expect PUNDIX to rise from its current price of 0.3550 $
and target to 0.6400 $
representing a 100% gain.
This is supported by oversold conditions on the MACD indicator.
Pundix begins it's move!As you can see from this setup, Pundix has converged perfectly to make a huge rebound to the upsides. The charts have shown us straight to our face. A clear signal point for the reversal. Expect big moves coming soon because things are getting extremely bullish for the whole altcoin markets!
Support range: 0.3113-0.3560Hello?
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(PUNDIXUSDT chart)
The key is whether the price can be maintained by rising above the 0.4288-0.5108 range.
(1D chart)
On the current chart, it appears that it must rise above at least 0.759 to escape the bottom section.
If you touch the HA-Low indicator, go up, touch the HA-High indicator, and then fall again and touch the HA-Low indicator, it is considered to be a trend reversal period.
Accordingly, we can see that the trend reversal has failed so far.
This time, if it receives support in the 0.3113-0.3560 range and rises above the 0.3830-0.43 range to maintain the price, it is expected that the trend will be successfully reversed.
However, we need to check whether it can rise above the previous box range of 0.4720-0.6470.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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PUNDIX formed big bullish Gartley for upto 15% pumpHey dear friends, hope you are well and welcome to the new trade setup of PUNDIX with BTC pair.
On a daily time frame, PUNDIX has formed a bullish Gartley setup
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
PundiX another breakout soon?PundiX has tested support three times and now is on its way to test resistance for the third time. Will there be a break out this time? Looking at the fundamentals and the potential of this project we could see a 10-100X in this bull run. If BTC continues its rise as we are predicting than a breakout is the likely scenario. In a bear market the price could fall by as much as 60% however the upside is massive. The upside outweighs the downside so its worth investing in considering how long pundi has been in accumulation recently.
PUNDIX formed big bullish Gartley for upto 89.50% pumpHi friends, hope you are well and welcome to the new trade setup of PUNDIX with US Dollar pair.
On a 4-hour time frame, PUNDIX has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade