PONDUSDT trade ideas
POND/TetherUS Bitcoin is about to make a strong bullish movementHey ladies and gentlemen! Have a good day today are you ready? Something of interest in the crypto market. It sits in a symmetrical triangle and goes to break. The price of the part has a strong possibility of increasing in the rise. The bullish impulse can come to the key resistance area with the propability of momentum to give way and come back to check resistance turned support. Pay on the support test breakout next. Good trading stay focused.
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Pond - I'm ready to make a splash! Time to jump into Pond!Very likely Double Bottom, currently hitting attack level and breaking trend resistance, getting in on the pullback here. Best wishes. Targets 19c and then 24.69c.
POND COULD SURGE. ATTENTION!POND MAY MAKE EASY TO NEW HIGHS. IT IS ABOUT TO BREAK UP. I AM WATCHING CLOSELY.
$PONDTo add to my previous idea;
$POND entered another accumulation range. If we break below 1885 and reclaim, I will long. A break above 2618 and retest is also safer bet.
POND BUY OPPORTUNITYReally beautiful Flat Expansion correction, let it pump up to 0.4 yaaa , I'm buying it ... ya
$ZIL Leading $POND// FractalsI've been noticing a pretty successful trader utilize this strategy so I decided to try it out for myself. It'll be best you DYOR on the technicalities of it.
Looking at the price action of POND and ZIL, I can personally see a resemblance. This shouldnt lead to a surprise as many tokens bear the same or similar patterns due to their relevance to each other (i.e CAKE & BNB) and also their correlation to bitcoin.
Regardless of what ZIL is showing, POND is currently sitting on some pretty strong resistance that has held for sometime now turned strong support. Price has also broken a trend line and we havent had a retest, therefore Im expecting one. Keep in mind, we are in a bull market so I expect price to eventually make its way up regardless; however the opportunity cost is the other tokens which find the volume before POND.
Check comments for other charts. Inspo: @cryptokaleo
Bullish flag broke out on $POND against $USDTMarlin $POND broke out on april 5th from the bullish flag and retested the upper border on april 7th for a measured move spanning from 0,2066USDT to 0,346USDT
As of this moment the price tag reads 0,2436USDT with possibility of a 40% profit. Price is correcting bouncing off support on the .236FIB giving a ood opportunity for an entry point.
Be wary of an eventual dip in $BTC or increase in bitcoin dominance.
Trading idea for PONDUSDTIF POND breaks that triangular movement, it may have a chance to revisit its previous resistance levels.
