NPXSUSDT formed bullish Gartley | A good long opportunityWorld's 111 ranked crypto token Pundi X Pundi X (NPXS) has formed bullish Gartley pattern and entered in potential reversal zone and ready for bullish reversal soon.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the dimensions of NPXS priceline's move:
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 leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci as perfectly required for Gartley pattern and now the price action is moving in potential reversal zone of this Gartley pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above the 0.786 Fibonacci levels then it can also lead to the long term bullish move.
So as per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: $0.0001347 to $0.0001337
Sell between: $0.0001354 to $0.0001372
So this is a good short term long idea for NPXS day traders
Regards,
Atif Akbar (moon333)
Pundixlong
NPXSUSDT formed Shark | A good long opportunityPriceline of world's 110th largest cryptocurrency out of more than 2300 crypto tokens Pundi X (NPXS) has formed bullish Shark pattern and entered in potential reversal zone.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Let’s have a look on the dimensions of NPXS price action's moves:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci as required for perfect perfect bullish Shark and now we are entered in potential reversal zone of this bullish Shark pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: $0.0001210 to $0.0001190
Sell between: $0.0001227 to $0.0001268
So this short term 4hr based chart trade is good long opportunity for NPXS day traders.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Shark pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
NPXSUSDT formed bullish Shark | A good long opportunityPriceline of Pundi X / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0001481 to 0.0001457
Sell between: 0.0001507 to 0.0001559
Regards,
Atif Akbar (moon333)
Pundi X (NPXS) Long Term Analysis | Pundi X Completed ButterflyThe world’s 99th ranked cryptocurrency out of more than 2300 cryptocurrencies Pundi X (NPXS) was moving within a falling channel since Dec 2018.
Following this channel the traders were earning very easy money by simply buying at support of channel and sell at resistance.
The 1st bounce produced more than 80%, the second bounce produced more than 96% and 3rd bounce gave more than 106% profit and then finally in July 2019 the price action broke down the support of channel and since then NPXS has formed a long bear leg.
The Ichimoku cloud:
On daily chart In the month of July the ichimoku cloud turned bearish now after more than 4 months finally the cloud is turning bullish as we can clearly see that lead 1 has crossed up the lead 2 and lagging span has attempted to cross up the priceline.
The Indicators and Oscillators:
The chop zone which was turned strong bearish since Aug 2019 is also turned weak bearish in the month of Oct 2019 and moving average convergence divergence (MACD) is also turned weak bearish from strong bearish and fast length of MACD is likely to cross up the slow length very soon and RSI is also oversold since Sep 2019.
The pennant:
When the Pundi X extended its bear leg then it changed its movement from up channel to pennant by having 4 touches at resistance and 3 touches at bottom of pennant now the price action is at the end of this pennant now from here the priceline can either breakdown the support of pennant or breakout the resistance but as discussed earlier we have seen that indicators and oscillators are turning bullish so we can expect the breakout or more sideways trend.
The harmonic move:
After all above observations the most powerful signal and indicator for me is the harmonic move which is always formed by nature by supply and demands of humans and this time the Pundi X has formed a bullish butterfly now lets have a look at this pattern:
After initial (X to A) leg the B leg is retraced upto 0.786 Fibonacci as required for bullish butterfly and B to C leg is projected between 0.382 to 0.886 Fibonacci projection area of A to B leg this is the second confirmation of bullish Butterfly now finally we needed the retracement between 1.27 to 1.618 Fibonacci and by retracing upto 1.376 the price action confirmed that it has completed the bullish butterfly pattern and now it is in potential reversal zone of this pattern.
Here the important point is that the 1.618 Fibonacci level is in negative and the priceline cannot cross the 0 point so we can assume that the price line has hit the lowest point and cannot move more down now we can set our sell targets between 0.382 to 0.786 projection area of C to D leg.
The buying and sell targets should be:
Buy below 0.00010493
Sell between: 0.00037007 to 0.00101017
According to above calculations the Pundi X can be the coin which is gonna give profit more than all cryptocurrencies.
Regards,
Atif Akbar (moon333)
NPXSUSDT formed bullish Cypher | Upto 17.5% move expectedPriceline of Pundi X / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0001733 to 0.0001666
Sell between: 0.0001786 to 0.0001912
Regards,
Atif Akbar (moon333)
PundiX no danger no gloryWell this shitcoin is dangerous but if you have few extra bucks and not scare to lose them, it worth to give it a try.
Volumes are weaks for now on Binance so this strategy can be long. Make money in the blood and patience reward.
RSI oversold
Macd looks like will cross up
StochRSI looks like will cross up
Buy 3-4 Sats ( can place order at 3 in Binance or Bittrex and be patient )
Sell 9-12 Sats ( remember if you buy at 3 sats and sell at 9 Sats you make 3X your invest, so 300% is big enought! ).
Stop Loss 2 Sats !
Happy Tr4Ding!
On 4 day chart NPXSBTC forming shark|A good buying opportunityPriceline of Pundi X / Bitcoin cryptocurrency is forming a bearish shark on 4 day chart.
RSI is oversold.
Stochastic has given bull cross.
MACD is strong bullish.
Volume profile is showing less interest of traders at PRZ area.
I have defined the sell targets from 0.382 to 1.13 Fibonacci sequence.
Buy between: 0.00000006 to 0.00000003
Sell between: 0.00000013 to 0.00000024
Regards,
Atif Akbar (moon333)
NPXSUSDT has formed bullish CRAB | Upto 463% potential tradePriceline of Pundi X / Tether US has almost completed bullish CRAB pattern and entering in potential reversal zone.
RSI entered in oversold.
MACD turned weak bearish from strong bearish.
Volume profile is showing less interest of traders now.
I have defined targets using Fibonacci sequence method.
Buy between: 0.00039450 to 0.00017400
Sell between: 0.00056593 to 0.00098044
Regards,
Atif Akbar (moon333)
NPXS TargetNPXS
Several bullish divs showing up here, I think we could see a bounce to R1. If I were looking to enter, I'd try to snipe one at/near the yearly low.