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PUNDIX / Tether PERPETUAL FUTURES

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PUNDIXUSDT.P trade ideas

PundiX another breakout soon?PundiX has tested support three times and now is on its way to test resistance for the third time. Will there be a break out this time? Looking at the fundamentals and the potential of this project we could see a 10-100X in this bull run. If BTC continues its rise as we are predicting than a breakout is the likely scenario. In a bear market the price could fall by as much as 60% however the upside is massive. The upside outweighs the downside so its worth investing in considering how long pundi has been in accumulation recently.
Long
by BitcoinOasis
Pundi X (PUNDIX) - August 1Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (PUNDIXUSDT 1W Chart) The key is whether it can be supported in the 0.772-0.910 section. (1D chart) Primary resistance: 0.841 Secondary resistance: 0.910-0.963 Support: 0.738-1.772 In order to continue the upward trend, it must rise above the HA-High indicator. therefore, - Maintain the price by rising above 0.963 as it is, or - It should go down, causing the HA-High indicator to decline. In order for the uptrend to continue, the horizontal line of the HA-Low indicator must be longer than that of the HA-High indicator. It is expected to swing up and down to reverse the trend in the current flow. If the price holds above 0.578, I think it is likely to lead to further gains. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
3
PUNDIX UP 153% after bullish signal πŸš€πŸš€πŸš€PUNDIX pumped 153% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background). Forming leg C of the Elliot Wave (blue lines). PUNDIX broke out of the bullish Zone of the Ichimoku Cloud , which is bullish . The RSI is in the overbought zone at 84. RSI Brown at 123. Which is clearly overbought If we take a look at the Average Directional Index ( ADX DI) its starting to be bearish , as it is pointing downwards. Currently PUNDIX is way above its upper Bollinger Band , Band Basis 20 Period SMA . A retrace back within the Bollinger Band is more likely. The risk to reward right now to enter a trade is bad. After a retrace PUNDIX might possibly go up for another run, before forming bearish divergence. Remember to always take profits and use proper risk management! Thank you for reading. Namasté πŸ™ Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Like To Use: I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
by Kch28
1
PUNDIX Buy signal As the characteristic of the last price movement has completed 4 waves so far and can have another rise in the form of a 5 wave, this point is also evident in the slowing down of the 4 wave, of course, due to the lengthening of the 4th wave and the decrease. Significantly in the number of active addresses of this currency, the probability of occurrence of wave 5, which is more powerful than wave 3, is very low Stop loss : 0.82 Profit limit : range 0.94 R/R : 2
by mansoormohammadi
ALERT! Potential breakout? PUNDIX ?PUNDIX at 88 cents USD? Turkey has historically been the junction between East and West. And now, with the Great Economic Divide happening between western FIAT based economics and crypto/gold "alts" based eastern non-FIAT economies, one needs to wonder where this little "shitcoin" belongs? Right in the middle you say? Perhaps. If the good people of Turkey can continue to bridge the East and West as they have for centuries, we might have peace via crypto? Is little tiny Pundi X well positioned to play both sides of the fence between the East and West? Maybe! The ultimate crap shoot "shitcoin". Of the rare gems that gets elevated from Shitcoin to $HITcoin? The replacement to the Lira? One can only dream of riches doing nothing but be lucky! LOL It appears they are doing something... The project apparently has morphed into a POS (Point of Sale, crypto system) based out of Turkey and offering services to the West? Seems a worthy shitcoin to toss in some beer money to piss away? On the TA side of things we see one hell of a bull run on this coin when Bitcoin is ready to run. Descending bullish wedge and bullish sustained OBV makes this a good long shot to toss play money on. Of course the standing bets are: Bitcoin Rocks as King while Ethereum is our Queen. The new ETH is Elon compliant in terms of efficiency, speed and cost but in dollar and in energy. #1 Coin BTC Bitcoin - Well, it rocks, it's the leader and it's getting lighting fast and cheap! #2 Coin ETH Ethereum - DeFi king just got energy efficient with its upgrade to ETH2. You need some ETH just like Mastercard was needed to VISA's once monopoly #3 Coin (casino pick of the of the day) - This one for now until the charts tell us to bail. We won't, we don't like to be negative and we're too busy being productive and positive. Enjoy the $HIT coins and thousands of slot machines in this "sector". Play with care. Do good. :-) Don't buy just yet, wait for confirmation and bail out on overbought RSI on this one. Until proven otherwise, expect shitcoins to be just that....
Long
by UnknownUnicorn2413721
7