PUNDIXUSDT IDEA WEEKLY TIMEFRAMEBINANCE:PUNDIXUSDT
Pundix Usdt weekly time frame bullish bottom out.
I think it will blast upto 150% 200%.
NOT A FINANCIAL ADVISE DYOR
Pundixlong
#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 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!
A huge breakout for Pundi X!!Will we see all time highs coming in this breakout!? We'll have to wait and see. It looks like it's definitely pushed through and doesn't seem like it's slowing down as of yet.
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 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
PUNDIXUSDT potential coin to jump in??PUNDIXUSDT trade is potential trade and is running in the area of buy supply zone. It will recover 61% Fib level which will be 6X growth if you enter in the supply zone area. Trade boosting session will be strong as it crosses triangle.
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).
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.
Trading Signal For PUNDIXUSDTTrading Signal:
A Trading Signal is seen in the PUNDIXUSDT PundiX
Traders can open their Buy Trades NOW
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PUNDIX Playout 2Things are turning around, lets pray and hope it stays that way. We all know this is crypto anything can happen.
All my thoughts and analysis based on past price movements. *An attempt to predict future price movements*
I try my best to be as insightful as possible but I'm not a financial advisor and in no way claim to be. Crypto can be an unforgiving place with the prices movements, so please trade wisely and do your research and analysis then compare with mine and others if you wish.
I'm still bullish and I believe in the project
Pundi X Moving average kissThis is what I would call a MA kiss,
as the moving averages slightly meet parallel to each other then eventually diverge
I have plotted the divergence on the chart
Also a cup and handle pattern
Inverted in this example
Pundi X seems to be good to be purchased and HODLed 18/02/2021NPX (Pundi X) seems to be at the price which we can purchase it as the underlying and keep it for long,
there are total of 3 TPs that we can sell it of if we needed to capitalize on it or else it seems to be worth of holding for a while
NPXSUSDT reached at resistance of big pennantHi friends, hope you are well and welcome to new update on Pundi x (NPXS) token.
Breaking down the channel’s support:
The price action of NPXS has broken down the support of channel but still has good supports of 50,100 and 200 simple moving averages. The 50 SMA has also formed golden cross with 200 SMA.
Resistance of Cup & Handle pattern:
On small time period 4-hour chart the price action has formed a resistance of Cup at $0.00021 after the formation of Cup & Handle.
Bullish pennant and long-term resistance:
On weekly chart, the priceline of Pundi X has formed a bullish pennant and trying to breakout the resistance. There is a strong price level resistance at $ 0.0002350 as well.
Harmonic BAT move:
On daily time period chart, the priceline of Pundi x is completing final leg of bullish reversal BAT pattern.
Ichimoku and Chop zone:
On long-term weekly chart, the price action has entered in Ichimoku bearish cloud and chop zone indicator is also turned strong bullish.
Conclusion:
On short term a bullish reversal is possible, but if this bullish move will be continued then it can be also helpful to breakout the bullish pennant on weekly chart and completely breaking out the Ichimoku bearish cloud as well.
NPXSUSDT another bullish reversal pattern is formedOn daily time period chart, the price action of Pundi X (NPXS) is completing final leg of bullish BAT and soon it will be reached in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of BAT pattern should be as below:
Potential reversal or buying zone: $0.0001734 to $0.0001676
Sell or Fibonacci projection zone: $0.0001870 to $0.0002078
Stop Loss:
The potential reversal zone area that is up to $0.0001676 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 23.9% and as per the above-mentioned stop loss, the loss possibility is 3.4%.
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.
NPXSUSDT Cn Be One Of The Top 200 Alts To Join Bitcoin RallyHey friends, hope you are well and welcome to the new update on Pundi X.
The price action of NPXS is forming different harmonic moves with continuity. 1st it formed a bullish Shark on 2 day chart and produced more than 60% profit rally.
Then on daily chart it formed a BAT move that I also showed in my previous post. And so far it has produced more than 17% move.
At this time on daily chart the priceline is breaking out the 200 SMA resistance. And after this breakout we can expect a golden cross between 50 simple moving average and 200 SMA.
In the meanwhile the price action of NPXS token is also breaking out the resistance of an up channel on the daily time frame chart. The volume profile of complete channel is showing less interest of the traders below half of this channel and from the upside it is showing interest of the traders even above the resistance. This is very strong signal indicating for break out soon.
At the same time if we switch on the smaller time period chart with 4 hour then a price level resistance can be found at $0.0001700.
Conclusion:
At the same time the priceline of Pundi X is breaking out the 200 SMA and the resistance of the channel on daily chart. And almost broke out the price level resistance at $0.0001700. Once these breakouts will be finalized we may see that the NPXS join the BTC rally as well. And it can become one of the top alts among 200 cryptocurrencies and tokens to join this rally.
NPXSUSDT forming bullish BAT | Upto 41% move aheadOn a daily chart, the price action of Pundi X is completing the final leg of bullish harmonic BAT pattern and soon it will be entered in a potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: $0.0001460 to $0.0001379
Sell between: $0.0001654 to $0.0001948
Stop Loss:
The potential reversal zone area that is up to $0.0001379 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 41% and as per above-mentioned stop loss, the loss possibility is 5.6%.
NPXSUSDT formed two bullish reversal movesHey, friends hope you are well and welcome to the new update on Pundi X. Previously we have seen that this token had formed a Cup and Handle formation and the price action was just completing the handle of this cup. Therefore I was expecting that the price action will try to breakout the resistance of the Cup that was at $0.0002400. Finally the price action started the bullish move and hit the resistance of the cup but unfortunately the priceline of NPXS token failed to breakout and dropped down again.
The support of the channel is broken down:
During this drop the price action also broke down the support of the up channel where it was moving since mid of March 2020.
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The priceline is breaking out 200 SMA:
The price action of Pundi X token also broke down the 50, 100 and 200 simple moving averages on the daily chart. Then the priceline started consolidating just underneath 200 simple moving average. Now the price action of NPXS token is likely to breakout the 200 SMA again. Once the priceline will have strong support of 200 simple moving average then we can expect that it will also break out the 50 and 100 simple moving averages as well.
Hrmonic bullish Shark move:
Now if we switch back to the 2 day chart again then it can be easily observed that the cup and handle pattern is still not invalidated because the price action has retraced up to 0.618 Fibonacci level. This is the Fibonacci level from the bottom of the cup to the resistance. Now if we take more closer look at the chart then it can be easily seen that the price action has also completed the bullish Shark pattern on this 2 day chart and just entered in the potential reversal zone. After initial X to A leg the price action is retraced between 0.382 to 0.618 Fibonacci retracement level. Then B to C leg is projected between 1.13 upto 1.618 Fibonacci projection. There is a minor difference to reach up to 1.13 Fibonacci projection but all other legs are driven perfectly as required for the bullish Shark pattern, Therefore I have ignored this minor difference. The final leg has retraced between 0.886 to 1.13 Fibonacci level and from here the potential reversal zone of bullish shark starts. Now we can expect that from this PRZ level the price action can start the bullish move at any time.
Conclusion:
Even though the price action of NPXS token has formed two bullish reversal patterns therefore we can expect that the priceline will start the movement to the upside very soon. However, we should set the maximum extent of the potential reversal zone of bullish shark pattern as stop loss. Because if this support will be broken down then more powerful rally to the downside can be started.
NPXSUSDT once again ready to move up from the support of channelHi friends, hope you are well and welcome to the new update on Pundi X token. Recently token rallied more than 50% and retraced back again. As in my previous article I told you that the price action has completed the cup and handle pattern and there was a possibility that the price action will breakout the handle and also hit the resistance of the cup. Finally, the priceline of NPXS token moved up and broke out the handle and hit the resistance of the cup that is at 0.0002400 btc.
The priceline has broken down the EMAs:
Recently the price action also has broken down the exponential moving averages with the time period of 10 and 21 on the daily char. But if we watch the history of the priceline after the bullish move of March 2020 then it can be clearly observed that whenever the price action breaks down these to EMAs then after few candlestick the price action breaks out these exponential moving averages again and starts then you rally to the upside.
Price action hits the again:
After being rejected from the resistance of the Cup & Handle pattern at 0. 0002400 btc the price action again moved down at the support of the up channel. This channel was started after the mid of March 2020. We have already seen that the price action has recently broken down the exponential moving averages 10 and 21. Now this support of the channel will help the priceline of NPXS token to move up again and break out these 2 EMAs. Now the price action can again reach at the resistance of this channel. It can be approximately 21% move. Therefore in next few hours are very important as a price action has already consolidated at the support, therefore it can start the new rally to the upside very soon.
For the 1st time NPXS hits bearish cloud for big move:
Now if we switch to the long-term weekly chart and place Ichimoku cloud. Then it can be clearly observed that for the first time in the history of Pundi X the price action of this token is trying to break out the bearish Ichimoku cloud. The lagging span of Ichimoku cloud is already above the candlesticks and we have already received bull cross between the conversion and the baseline that is very strong bullish signal. The cloud in itself is also getting squeezed and soon it can turn bullish. Once the candlesticks will be entered in this bearish cloud then we can observe a very rapid move up to resistance of this cloud and once the cloud will be broken out then it will become a very strong support for NPXS token. Using this support the price action can start a very long time bullish rally
Conclusion:
From the mid of March up till now the Pundi X has surged more than 240%. At this time it is moving in the up channel. But we should use the support of this channel as stop loss because if this support will be broken down then in new rally to the downside can be started.
This Big Bullish Signal 1st Time Appeared In The History Of NPXSHi friends hope you are well and welcome to the new update on Pundi X. The NPXS token has to big events one after another. First one was on yesterday and that was the removal of 48 million tokens permanently. Even though this is not as that much big amount of tokens as compare to the total supply. But indeed it is a good initiative by Pundi X team. The other event is today on 14th July and that is “XPOS Merchant PayPal App”. When this announcement was added on 30th June 2020 by Pundi X team. The Pundi X surged more than 70% in just a few days.
The price action has broken out all SMAs:
On daily chart the Pundi X token turned very strong bullish and broke out all the simple moving averages with the time period of 25, 50, 100 and 200. At this time we can expect that 100 simple moving average will cross up the 200 simple moving average soon and will form a bull cross. That will be another bullish signal.
This bullish indicator 1st time appeared in NPXS history:
If we switch to the weekly chart and place the ichimoku cloud then the price action of NPXS token has crossed up the conversion line and base line. The conversion line has crossedup the base line and the lagging span has already crossed up the priceline as well. At this time the candlesticks are having strong resistance of bearish cloud. Once the priceline will be entered in the cloud then soon we can see that the price action of NPXS will try to breakout from this bearish cloud. If you watch the chop zone indicator then for the first time in the history of the Pundi X the chop zone gave bullish signal on weekly chart. That is a clear indication that the downtrend on the long-term has been chopped and soon we may witness a long-term bullish rally.
Conclusion:
Even though we have received bullish signals on the long-term and the price action is also bullish on the short term as well. But there is a distance between the moving averages and the price action. Therefore price action can start a correction rally at least up to the first available simple moving average the use it as support before furthering upward move.
Pundi X Is Likely To Breakout For Further Upward MoveYesterday on 4 hour chart the priceline of Pundi X was forming a bullish BAT pattern and it was likely to complete the final leg of this move.
As per Fibonacci sequence of bullish BAT move it was expected that the last leg of NPXS will be retraced between 0.786 to 0.886 Fibonacci level. And from there it will take the bullish divergence. But the price line went close to the potential reversal zone that was supposed to be started from 0.786 Fibonacci level and could not enter the potential reversal zone completely as below.
Caught in wedge and 100 SMA strong support:
If we examine this 4 hour chart more closely then it can be clearly seen that the priceline has formed a Wedge pattern. And Pundi X is moving within this wedge. The priceline broke down the 100 simple moving average on 24th of Feb and also broke down 200 simple moving average on 26th Feb. And after breakdown of these two supports we have witnessed a really very strong bearish trend on 4 hour chart. Finally the priceline is caught within this wedge and now it is being consolidated here. And crossed up 100 simple moving average. When the price action was forming the last leg of bullish BAT pattern which we have discussed earlier at that time the NPXS also had strong support of 100 simple moving average therefore in order to complete the last leg the price line needed to break down the support or atleast hit spike beyond the support of 100 SMA. But the priceline was not able to hit the price beyond this support level and got a powerful bounce from 100 simple moving average. Now it is expected that it will make an attempt to breakout the resistance of the wedge and if the price action will be able to breakout the resistance then it will use this resistance as support and using this support Pundi X might make an attempt to breakout the next resistance level of 200 simple moving average. And once it will break out the 200 SMA as well then we can see the bullish movement even on the bigger charts as well.
Pundi X needs little more drop and then bang | upto 1482% gainsThe big harmonic move on 2 week chart:
In previous post we have already seen that on 2 week chart the price action of NPXS has completed the formation of bullish Butterfly pattern.
After taking bullish divergence at the starting of Feb 2020 it moved up by more than 70% from the lowest price of Jan 2020 which was $0.00012001 and now the price action has again dropped down in potential reversal zone of this pattern.
The support:
Even though the pundi X has found a recent support at: $0.00011078 but now there are chances that the price action may reach below this level. And during this move the priceline may not break down the $0.00011078 support but the spike can be hit beyond this level for the completion of another harmonic pattern that is being formed I will show that pattern latter on in this article.
Oscillators and indicators:
Previously we have observed that the moving average convergence divergence (MACD) was turned strong bullish and relative strength index ( RSI ) was oversold and it was turned bullish. The balance of power was also strong bullish and momentum was shifted to bulls.
But now moving average convergence divergence (MACD) is turned weak bearish from strong bearish, relative strength index ( RSI ) is also turning bearish, balance of power is turned bearish, momentum is also being shifted to bears and if we see the stochastic then it has also given bear cross and these indications can lead the price action more down.
The recent harmonic move:
On 2 day chart price action of Pundi X (NPXS) is forming a bullish butterfly pattern we need little more drop for the completion of this pattern and then price action will be entered in the potential reversal zone and final leg will be completed. Formation of this pattern was started on 23rd December 2019 and at this time the final leg is being formed.
The dimensions of new pattern:
Let’s see how perfect this pattern is being formed:
After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) should be retraced between 1.27 to 161.8 Fibonacci then the priceline will be ready to take bullish or upwards move.
Buying And Sell Targets:
The buying and sell targets according to harmonic Butterfly pattern should be:
Buy between: $0.00006849 to $0.00001354
Sell between: $0.00011114 to $0.00021421
Is this volatility is insane?
So for example if the last leg will be formed upto its maximum extent of $0.00001354 then there is possibility that this trade may produce upto 1482% huge gain.
This move can be insane in some people’s point of view but the level where the Pundi X is moving at this time is turned extreme volatile therefore the little movement of NPXS produces huge profits and losses as well. For more examples you can see the PundiX charts I have published on tradingveiw then you will find this token produces hundreds of percents gains and losses even on hourly charts. And this is the beauty of PundiX that makes it more attractive for traders.
Stop Loss:
The potential reversal zone area which is up to $0.00006849 can be used as stop loss in case of complete candle stick closes below this level.
Note: This idea is for education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
