PENDLEUSDT 7%.PENDLEUSDT FIBONACCI WITH FAIRVALUEGAP TRADE. PENDLEUSDT in top gainers in last 4 hours on no 5.
PENDLEUSDT trade ideas
Pendle LongCross chain decentralized finance protocol that allows users to tokenize and sell future yields. The chart has been holding up relatively nice in the face of selling pressure.
Buying the dip at 5.6
Pendle boomThis coin will make you rich in notime
!!!
Daily growth more than 30percent insane numbers huge cap
Possible hourly support bouncePlain and simple, an hourly support bounce makes for many trades available on lower timeframes.
Pendle crushingPendle continues to exceed expectations. For those who do not know my Pendle was unfortunately drained a week ago and I lost my entire bag (never has happened to me before). I will continue to cover this amazing token as it is still one of my favorite projects in all of crypto. If I ever see another entry Like we saw on that 2.5$ dip I will re-enter.
-My price target and would have been profit take is still 8$, for those who have been following that is a fair starting point for an exit
-I think we are about to see a push to the golden fib extension given the momentum we are seing
Pendle will the rally Continue?PendleUSDT, the token associated with the Pendle decentralized options protocol, has been on a remarkable run since its launch in September 2023. After breaking through a key resistance level of $3.35 per token, it's currently trading at $7.17 . Analysts are now left wondering: where will this growth stop?
A potential short-term peak at $8.10 before a pullback towards the established support zone of $3.35 . This pullback wouldn't necessarily negate the overall bullish trend, as the $3.35 level represents a strong demand zone where buyers are likely to step back in.
Pendle moving up?Recevied a buy print in Pendle and we are waiting for more volume. Can this do another YGG. Let's wait and watch. Stop loss below our green line.
Pendle Sell SeupPENDLE can have correction this bullish leg, this can be profitable Short Setup with low risk
pendlSupport and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
Pendle chartThis is done using an experimental method that I teach. This is not financial advice. Ideally is the price to keep diagonal support and go above heavy resistance. The heavy resistance is the one that dictates if the price will go up or down.
PENDLE BREAK TO UP $5 HIGH POSSIBLITYPENDLE showing on cycle trend important data for the high possibility to increase to up $5 in the coming time frames.
we will follow this to see if it can get confirmed.
The last data of this coin shows a high interest in the break trend.
Next time frames could be very important for the trend.
Pendle hit targetPendle broke out and hit my first target rather quickly. Next stop is just over 5$. I expect this 5$ zone to hit very quickly with the arbitrum hype and liquidity rushing in. My post about consolidation was the time to get in if you had wanted, we are in price discovery again, the sky is the limit.
Staking maniaThere has been a correction in ETH, but the Restaking ETH is still hot. As the leading protocol in this sector, Ether.fi has increased by more than 200% after listing. In addition to the Restaking protocol, the yield swap protocol Pendle has also attracted much attention during this period.
Today we take a look at Pendle’s recent performance. Pendle provides the crypto with a yield swap market, splitting financial products into PT (principal) and YT (potential return part) to meet the needs of different traders with the opportunity to add leverage trading to potential returns. For example, if you think that the interest rate for borrowing USDC will be higher and higher in the subsequent period, then you can purchase YT-aUSDC (USDC interest rate on AAVE) in pendle, which is a process of increasing leverage. , if your judgment is accurate, you will get several times the rate of return than directly lending USDC on AAVE.
In the current environment where various types of staking points are frequent, Pendle has split the PT (principal) and YT (the part of earning points) of Restaking and Staking. Punters who are inclined to expect airdrops can use nearly 10 times the leverage to participate. In the staking activities, PT also provides traders with low risk appetite with an ETH-based return of nearly 30%. Based on the above advantages, Pendle also surpassed GMX and became the native protocol with the highest TVL and highest MC on Arbitrum.
In terms of the use of indicators, we see that Pendle’s trend is relatively simple and clear. At the 4h level, the TSB indicator prompted a SELL signal on March 11. After that, pendle experienced a correction that lasted several days. On March 22, TSB prompted a BUY signal, and Pendle resumed its rise, and break ATH. In both processes, the wavy area plays the role of providing resistance and support.
Judging from the TSB indicator, Pendle’s bulls are currently healthy. Fundamentally, Pendle has the hottest narrative.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
PENDLE NEW INCREASE VOLUMEPENDLE shows a new increase in volume, which could be confirmed in the coming time frames.
We will follow the coin to see if it's able to confirm.
The reason for the volume is the trend data that this coin shows.
This coin is at basic choice on daily trends.
pendleusdtSupport and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
Pendle breaks consolidationPendle looks to be breaking the consolidation zone that I expected to take up to 60 days a bit early here. I am unsure if this is leverage or that fact that the team has been literally killing it lately. Pendle is now on 5 blockchains, they have a trading app, the bond type products and LPs. My two near term targets are marked with dash greens. Since we are in price discovery its hard to say how high we go, last breakout was a huge move over several weeks.
Pendle 1 month before liftoffPendle has another month exactly before my projected end of consolidation. I expect the token to skyrocket like it did previously. A lot of this has to do with the structure of locking tokens and the economy. This token is my favorite project on Arbitrum and my long-term targets are still 8-10$.
-I expect 4.8$ by the end of April
Pendle in demandPendle has already reached the demand zone, I hope it does not go lower as this could signal a really bad breakdown.
-The demand box has already had a wick to the bottom.
Pendle consolidation #2Pendle had a 60 day consolidation before last run. After falling out of the channel to the downside, the token has found some footing although volatility is high.
- We are more than 50% through this consolidation if this plays out again
- This worked VERY well on RNDR for the multi-week setups
- This rally would carry us to 5$ plus
- Expect a market wide correction and flushes in the future (this is why I dont use leverage)
PENDLE/USDT Critical area. Breakout or Breakdown the support ??💎 PENDLE has recently exhibited notable market dynamics. It is currently resting on the support line of an ascending channel pattern after facing rejection from a local resistance area. However, the indicator tools suggest bearish divergence and weak momentum.
💎 If PENDLE successfully breaks out above the resistance, there is a possibility of reaching our target area.
💎 Conversely, if PENDLE breaks down below the support pattern, it may signal a switch to a bearish trend. In such a scenario, the price could decline towards the Bullish OB area or even reach the support area.
💎 PENDLE must bounce at the support level to maintain the current upward movement. Failure to bounce could result in continued downward movement, potentially leading to further declines.
Pendle Followed Perfectly Our Path. Now Ready For Trade ## PENDLE Coin: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **Pendle (PENDLE):** A protocol enabling the **tokenization and trading of future yield**.
* **Launched:** August 2021.
* **Market Cap:** ~$43 million (as of Feb 28, 2024).
* **Rank:** #702 on CoinMarketCap.
* **Unique Features:**
* Users can **trade the expected future yield** of various DeFi assets.
* Offers **optionality** for yield strategies, allowing users to hedge or speculate on future returns.
* **Automated Market Maker (AMM):** Designed specifically for assets with time decay (like future yield).
**Recent News:**
* **No significant recent news found specifically for PENDLE.** However, the broader DeFi space is experiencing ongoing developments, which can indirectly impact PENDLE.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice.
* Cryptocurrency investments are highly volatile and carry significant risks.
* Do your own research before making any investment decisions.
**Additional Notes:**
* PENDLE price has been volatile recently, reflecting broader market trends and the inherent volatility of yield-focused projects.
* While the concept of trading future yield is innovative, PENDLE is still a relatively new project with evolving technology.
* It's crucial to be aware of the high risks involved before investing in PENDLE or any other cryptocurrency.
I hope this information is helpful! Please let me know if you have any other questions.
PENDLE - Is there a trade opportunity here ? #PENDLE/USDT Analysis
Description
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+ As depicted in the chart, the price of PENDLE has broken out of the channel after trading within it for approximately a month.
+ This bearish breakout suggests an imminent phase of price consolidation following a bullish trend that persisted for over a month.
+ This presents a favorable opportunity to initiate a SHORT trade.
+ While significant profits may not be attainable in this trade, given the potential for price rebound from one of the support levels, it still represents a respectable opportunity.
+ I anticipate a price rebound after reaching the support range around 2.6.
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VectorAlgo Trade Details
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Entry Price: 2.9762
Stop Loss: 3.44
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Target 1: 2.827
Target 2: 2.6256
Target 3: 2.4415
Target 4: 2.2552
Target 5: 2.124
Target 6: 1.999
Target 7: 1.619
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Timeframe:1D
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo
