Pundixusdt
PUNDIX | Falling Wedge Consolidation..!!
#PUNDIX (Update)
From last 6-Months, Consolidating in Falling Wedge Pattern..!!
In Case of Breakout, Midterm target Would be 2.10$
📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER..
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
PUNDIXUSDT: Just like Bitcoin (Requested by JCLARK87)Analysis is the same as my earlier BTCUSD post.
We will have to see how wave B plays out.
We shall evaluate again after its completion.
There are lots of variations to pullback but as long as it is a pullback, it means it will still go higher.
If it changes course to become another 12345 impulse wave, then the story changes.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
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