PUNDIX Trade EnteredPUNDIX has broken our of wedge with retest of resistance trendline and expect a nice pump and uptrend.
Pundix
Pundi X Can Start Big Bull Run After This Extreme Bullish SignalThe SMAs:
On the daily time frame chart, the price action of Pundi X has first time broken out the 25 simple moving average and made an attempt to break out the 50 simple moving average as well. But it is rejected by the 50 simple moving average and now currently moving between the 25 and 50 simple moving averages.
Support and resistance levels:
There can be different support and resistance level seen on the daily time frame chart. After the strong bearish move, the price action of Pundi x has found a very strong support at $0.60. This $0.60 level is also key level support for the priceline. After getting bounced by the $0.60 the priceline has crossed up the next resistance of $1 and currently moving between the $1 and $1.30 supports and resistance levels.
EMAs:
On the daily time frame, the price action has also broken out the exponential moving averages with the time period of 10 and 21. At this time the priceline is retesting these EMAs as support. If the price action of Pundi x will be successful in retesting these EMAs as support, then these two exponential moving averages can work as very strong supports and lift candlesticks towards the upside very well.
Ichimoku cloud:
Now I would like to show you the Ichimoku cloud on the daily time frame chart. It can be clearly observed that the bearish cloud is getting weaker and the price action is getting closer to the bearish cloud. The conversion line has crossed up the baseline below the candlesticks that is a very good buying signal. The lagging span is crossing up the candlesticks. Now if the candlesticks will be able to cross up the bearish cloud then there can be a very long-term bullish rally started. Previously on the NPXS chart when the price of NPXS or old PundiX crossed up the bearish cloud on the weekly time frame. Then it surged more than 6000%. Now after crossing this bearish cloud on the daily time frame we can expect such rally again.
Conclusion:
Even though the price action has broken out the $1 resistance and the 25 simple moving average along with the exponential moving averages on the daily time frame. However, the long-term bullish rally depends on breaking out the bearish cloud on the daily time frame.
for education purpose Not Fınancıal AdviseThe given chart shows that 1.210 important resistance if it breaks, we may see;
TP1:1.263
TP2: 1.330
TP3:1.416
Btw, Pundıx has some good news this week as you know (burn).
Pundi X completing bullish Shark for upto 26.5% moveHi, dear friends, hope you are well and welcome to the new update on Pundi X token.
On the 4-hourly chart, the price action of Pundi X is forming the bullish Shark pattern.
Buying and sell targets for Shark move:
Buy between: $1.31 to $1.23
Sell between: 1.39 to $1.557
Stop loss:
The maximum extent of potential reversal zone at 1.13 Fib level can be used as stop-loss which is $1.23.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 26.5%, and a loss possibility of up to 7%.
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.
Do Not Sell Your Pundi X After This Fake OutHey friends hope you are well and welcome to the new update on the Pundi X
A Fake out:
The price action of Pundi X formed a symmetrical triangle on 4-hour chart and broke out the resistance. After breaking out it also re-tested the previous resistance of the triangle as support but could not close above the high of the breakout candlestick and moved down and even broke down the support of the triangle.
A new descending triangle formation:
After breaking down the symmetrical triangle the price action has found a support at $1.53. Now if we connect all the confluence points of resistance and support then a new descending triangle has been formed and target for this triangle can be $2 in case of breakout.
Different support and resistance levels:
After the drop of 19th may, the price action of Pundi X has found a new support at $1.53. The next resistance is at $2. The $2 can be the most strong resistance as it has been working as a strong support previously:
Different indicators:
On the 4-hourly chart the price action has moved below the Ichimoku bullish cloud now it can work as a resistance.
If we take a look at the Directional movement index then there is a sell signal appeared. Once it will give the bullish signal then we can expect another attempt for the powerful breakout.
Conclusion:
The price action has broken down the triangle but it was due to some market manipulation therefore the price action stopped at the next support. Now for any big move we should wait for the breakout from this newly formed triangle and the $2 resistance level.
Pundi X[new] broke out the triangle a good long opportunityDear friends, the Pundi X has broken out the triangle on 4-hour chart, as the price action has re-tested the resistance of triangle as support and confirmed the breakout.
Sell targets:
The technical sell target as per the symmetrical triangle for this trade is $2.
Stop loss:
Stop loss is $1.60 as it is the recent swing low before the breakout.
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 storiesHi all
PUNDIX is a great project and I firmly believe in it. If FA and TA agree with me, we are in for a massive upward trend.
The falling wedge could of course be broken much sooner than on leg e, but would not be quite complete, which is why I drew it that way.
What do You think?
Buy and WaitLook at my ex posts, each time I made minimum x2. This project is great and the graph tells me keep your pundix and you will get a big prize.
Pundix waiting to bottomOn the daily RSI , pundix does not really looks like it got a good entry yet it seem to still not have bottomed out an likely wait till end of the month when the RSI hit out of the bottom to buy in.
I was luckly when I sold my Pundi X and couldn't get a good re-entry before the swap and after the swap it dropped hard so some people probably only bought it for the hype and sold it hard. Seem the change and token burning has not really done much good to Pundix but hope this project recover soon.
PUNDIX HODL ! Hello there ;
PundiX The former NPXS could not collect volume after the split. The reason for this was that swap transactions did not occur in all exchanges during the transition period, and 2 coins and investors were formed in the market as both NPXS and PundiX. Recently, they have been trying to support the transitions in other exchanges and this process will necessarily increase the demands for PundiX. HODL can be added to the list of coins we will be adding, and many different figures may be encountered in the future.
We created a channel between 3.60 and 2.70. If there can be an exit from the channel, the rise can accelerate.
Reg.
Merhaba ;
PundiX Eski NPXS bölünme sonrası hacim toplayamadı . Bunun sebebi geçiş sürecinde bütün borsalarda swap işlemi gerçekleşmemesiydi piyasada hem NPXS olarak Hem PundiX olarak 2 coin ve yatırımcısı oluştu. Yakın tarihlerde geçişleri diğer borsalarda da desteklemeye çalışıyorlar ve bu süreç PundiX e olan talepleri zorunlu olarak arttıracaktır. HODL edeceğimiz coin listesine eklenebilir ileride çok farklı rakamlar ile karşılaşılabilir.
3,60 ile 2,70 arasında bir kanal oluşturduk. Kanaldan yukarıya çıkış olabilir ise yükseliş hızlanabilir.
YTD.
Syg.
🆓Pundi X (PUNDIX) May-05 #PUNDIX $PUNDIXPUNDIX is moving down to 2.5$ zone after losing the 3$ zone. The 2.5$ is an good opportunity for PUNDIX to make new rally up to 4.7$ zone in this May. But if it keep losing the 2.5$ zone, it may drop to 2$ or even 1.5$ zone
📈BUY
-Buy: 2.44-2.56$ if A. SL if B
-Buy: 2.93-3.07$ if A. SL if B
📉SELL
-Sell: 2.93-3.07$. SL if A
-Sell: 3.52-3.68$. SL if A
-Sell: 4.6-4.8$. SL if A
♻️BACKUP
-Sell: 2.44-2.56$ if B. SL if A
-Buy: 2.0-2.1$ if A. SL if B
-Buy: 1.4-1.5$ if A. SL if B
❓Details
🕯Timeframe : 8 Hours
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Starting a new wave from #PUNDIX / USDTHead and shoulder floor pattern
Risk to Rivard, appropriate
Start the ascent wave
Please be monitored for entry
#PUNDIX/USDT
#long
The entry point and tp are marked in the photo
SL on 4h marked in the photo
with 5% or 10% of your diposit
PundiX: Back towards 4$ and Beyond ?Pundi X is very popular. And BTC is a little bit back on track. If btc manage to keep stable or rise towards 60K or even 70K. Alts are in for a nice Bull moment too.
PundiX made a token burn of /1000 where it seems to be recovered from. It went down from aroun 8$ to $2.10. And build up some heavy resistance points.
I made a little forecast. Pundi is currently retesting the 3.52 resistance. For the 4th time. If it fails again it will retest the 3.27 again.
This is a support that has been tested twice before and i believe it will hold for a 3th time.
I also think it will move along the up trend line. And it will break this resistance.
What will bring us to the 3.71 previous supp. now resistance. Which is also the 1st target. ( Blue text)
It probably will test the new support around 3.52.
And from there the first old support now resistance $4.125 will be tested and which will be our 2nd target.
From there the next fib sequence will be the 1.618 ( on $4.20 ) What will act as some resistance but will hopefully break and that brings us on the 4.45
And last target for this TA.
The Red line is a less bullish line. And also a trigger on which this TA will be totally invalid.
PUNDIX ideaThe goal of the Pundi X project is to make cryptocurrency available to everyone. While other similar projects attempt to outperform the banking system, Pundi X looks to simplify transforming retail businesses to make this happen.
Pundi X has created a blockchain payment ecosystem with the XPOS, XPASS and the virtual XWallet. The XPOS is the world's first blockchain-powered wireless point-of-sale (POS) for cryptocurrencies.
Using the XPOS, retail merchants, as well as consumers, can easily buy, sell and transact using digital assets in physical stores. The product is designed to accept every cryptocurrency. Popular digital assets like Bitcoin (BTC), Ethereum (ETH) and Pundi X (PUNDIX) are listed within the ecosystem.
