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PONDUSD trade ideas

Marlin (POND)Marlin is an open protocol that provides a high-performance, programmable network infrastructure for DeFi and Web 3.0. Its native utility token, POND, is used for: 1) Running validator nodes on the network via staking; 2) Making and voting on governance proposals to determine how network resources are allocated; and 3) Determining a set of network performance auditors and compensating users from an insurance fund in case of an SLA breach. Anyway, it is clear from the chart that POND was in a downtrend. Then, POND made a consolidation area in the shape of a triangle and then broke both this area and the major downtrend line. With this, POND started an upward phase that went up to the first horizontal resistance area. But POND couldn't break this horizontal area, and as a result, a correction started. Recently, POND broke the minor downtrend line and is going toward the horizontal resistance area. Let's see if this time POND can break it or not.
CRYPTO:PONDUSDLong
by SaeedSalehinia
✴️ Marlin | 1,2,3,4 Steps Pattern Confirmed (Bulls Win!)Let's go back... Let's revisit the pattern that started it all, the 1,2,3,4 Steps Pattern. I will explain it in detail using the Marlin (PONDUSD) chart. Early on we spotted a pattern that was repeating across the Cryptocurrency market. Using this pattern we can determine what is going to happen next for any pair/Altcoin. The pattern goes like this: #1 | It all started in late December 2022 and early January 2023 with the "initial bullish wave". Some pairs bottomed in November, there are always some small variations across pairs as we have thousands and thousands of Altcoins. #2 | The initial bullish wave will inevitably lead to a correction. The low of this correction happened 10-March, the "first low". #3 | Is the continuation of said correction and this varies between pairs between a higher low and "lower low". Note that the lower or higher low is not compared to Dec./Jan. but rather with the March low. For PONDUSD, we have a lower low in June vs March. As soon as the correction is over, invariable the next step follows. After prices go down, they must move in reverse and go up. #4 | Is a "new bullish wave". This is where we are at all across, a new bullish wave is now developing all across the Altcoins market, the Cryptocurrency market, Bitcoin. For this new bullish wave we are 100% prepared. In January many people were in disbelieve, in doubt or just away... Not this time around, now you trust and can maximize profits on the way up. This bullish wave can last between 3 weeks to 2.5 months, more or less... Again, there will be variations because we have thousands and thousands of Altcoins so the bottom line is 1-3 months of growth followed by another major correction and then the biggest bull market you have ever seen in your life will take place. That's 2024 for you... Start preparing, your life can change forever if you make the right choices, if you know how to choose, invest in yourself, your tools and keep a sharp mind. You can work today and enjoy the profits for years to come. This is a strong opportunity that is developing but will continue to repeat in the future because the market moves in cycles, up and down, up and down... There are endless opportunities, if you miss one, another one later on is sure to show up. Namaste.
CRYPTO:PONDUSDLong
by MasterAnanda
2
POND/USDT 30x Potential In Next Bull Run..?Technical Analysis for #POND/USDT: The current trading price for $POND is at $0.01, which represents a 97% decline from its All Time High, and only a 60% increase from its recent bottom. Based on the chart, a significant move is expected in the coming days. It is recommended to accumulate small quality for long-term investment purposes. The best entry point is within the entry box, which ranges from $0.0075 to $0.01. The stop-loss order should be set at $0.058, which may seem large, but is necessary to protect against potential losses. The expected targets are high, thus presenting an opportunity for significant returns. If the $0.0070 level is held, a big upward move may be seen. A 30x increase is expected in the next bull run, with R1/R2/R3/R4 serving as the target. The resistance levels to watch out for are at $0.027, $0.049, $0.1, and $0.23, while the support level is at $0.070. The major resistance trendline is represented by the white line, which, when broken, indicates the potential for significant growth. If gains are significant, it is important to keep in mind the stop-loss order to protect against potential losses. Kindly click the like button and appreciate my hard work. Please follow me for the latest crypto updates. Thank you.
BINANCE:PONDUSDLong
by CryptoPatel
5
PONDUSD At least one more bullish extension left.Marlin (PONDUSD) is having a +40% 1D candle so far, breaking above its 0.5 Fibonacci retracement level. The long-term pattern since has been a Channel Down since the early 2021 market top so there is still no indication of a long-term trend shift to bullish but at least on the short-term, there is further potential for a bullish extension above the 1D MA200 (orange trend-line) and the Lower Highs (top) trend-line of the Channel. Technically this is similar to the July - September 2021 rise which completed the rebound exactly at the top of the Channel Down and above the 1D MA200. This is also depicted on the RSI action, which is just shy of the 70.000 overbought level as it was on Aug 13 2021. Naturally a pull-back to the 1D MA50 (blue trend-line) would be ideal for a new buy entry, targeting 0.025. A break above the Channel Down would target the 0.04570 Resistance. Only a break above that level or the 1.382 Fibonacci Channel extension, can validate a long-term trend shift to bullish. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:PONDUSDLong
by TradingShot
2