PUNDIXUSDT trade ideas
PUNDIXUSDT - 4HWe might created a giant inverse head and shoulders pattern , once we can break the neckline (horizontal resistance) we can see a nice move up!
For every new follower i will add a new idea :)
PUNDIX USDTif we look at the comparison between risk and reward its worth for buy PUNDIX, for long term it can go to ATH if the BTC is in safe condition
Starting a new wave from #PUNDIX / USDTHead and shoulder floor pattern
Risk to Rivard, appropriate
Start the ascent wave
Please be monitored for entry
#PUNDIX/USDT
#long
The entry point and tp are marked in the photo
SL on 4h marked in the photo
with 5% or 10% of your diposit
$PundixI see a Bullish Pennant. current resistance is 3.6 above and must surpass 3.8 and finally go to 5. level ~
PundiX: Back towards 4$ and Beyond ?Pundi X is very popular. And BTC is a little bit back on track. If btc manage to keep stable or rise towards 60K or even 70K. Alts are in for a nice Bull moment too.
PundiX made a token burn of /1000 where it seems to be recovered from. It went down from aroun 8$ to $2.10. And build up some heavy resistance points.
I made a little forecast. Pundi is currently retesting the 3.52 resistance. For the 4th time. If it fails again it will retest the 3.27 again.
This is a support that has been tested twice before and i believe it will hold for a 3th time.
I also think it will move along the up trend line. And it will break this resistance.
What will bring us to the 3.71 previous supp. now resistance. Which is also the 1st target. ( Blue text)
It probably will test the new support around 3.52.
And from there the first old support now resistance $4.125 will be tested and which will be our 2nd target.
From there the next fib sequence will be the 1.618 ( on $4.20 ) What will act as some resistance but will hopefully break and that brings us on the 4.45
And last target for this TA.
The Red line is a less bullish line. And also a trigger on which this TA will be totally invalid.
PUNDIX ideaThe goal of the Pundi X project is to make cryptocurrency available to everyone. While other similar projects attempt to outperform the banking system, Pundi X looks to simplify transforming retail businesses to make this happen.
Pundi X has created a blockchain payment ecosystem with the XPOS, XPASS and the virtual XWallet. The XPOS is the world's first blockchain-powered wireless point-of-sale (POS) for cryptocurrencies.
Using the XPOS, retail merchants, as well as consumers, can easily buy, sell and transact using digital assets in physical stores. The product is designed to accept every cryptocurrency. Popular digital assets like Bitcoin (BTC), Ethereum (ETH) and Pundi X (PUNDIX) are listed within the ecosystem.
PUNDIX/USDT I am staying away for nowThe long term trend is bearish for the coin, it's in the new zone of price discovery . There are no heavy buyers observed in the Zone. I will defiantly stay away from it until it clears this zone. There is always the possibility of reversal but it's not showing the signs till now.
For now, until the cloud clears I am going to invest somewhere else :)
Best wishes, Let me know your thoughts on this.
Disclaimer:
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in the publication constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
Last calll for pundix...and we goafter forming a bullish falling wedge, and visited many times the support, a life and signal are being seen in pundix. IT IS NOW LYING on the point of resistance wherein anytime f4om here,a break will occur. Just a little more patience and we go....
PUNDIX - UpdateSome interesting moves here and a deep correction. Is the B-wave a 'false' break to a new high? So hard to determine in the midst of the Token Swap.
PUNDIX BROKE ON 4 hours 20MA##########################################################################################
DISCLAIMER: This is NOT A FINANCIAL ADVICE.. THIS IS FOR EDUCATIONAL PURPOSES ONLY
##########################################################################################
PUNDIX Playout 3BNot a financial advisor and do not claim to be please keep up with the news and do your own research whilst looking and comparing ideas with mine or anyone else.
At the end of the day this is crypto and we hope for the best but anything can happen :)) trade wisely and accordingly
PUNDIX - Rise from a Low? Possible!So in this post I am looking at the token price from a fundamental perspective, rather than technical.
Ever since @PUNDIX has decided to transform/rebrand their token from NPSX to #PUNDIX, with a reduction of the total token amount from 258,498,693,019 to 258,526,640, it has been trading at a low - and I see that actually as a good opportunity.
PUNDIX is providing real products: Their #XPOS solution and devices are distributed in 30+ markets including the United States, Spain, Argentina, Korea, Australia, Colombia, Spain and Taiwan. They are constantly shipping/selling more devices and the demand is growing.
Their blockchain solution enables easy payments with the XPOS device. Retail merchants, as well as consumers, can easily buy, sell and transact using digital assets in physical stores. The product is designed to accept every cryptocurrency. Popular digital assets like Bitcoin (#BTC), Ethereum (#ETH) and PundiX (former NPXS) are listed within the ecosystem.
For a short technical analysis: In the chart you can see that a low around 3,58$ has been working as a support (this can also function as a Stop-Loss). Other following lows did not even touch that level (3,66$ and 3,67$).
My profit taking (PT) levels:
4,243$
4,541$
5,602$
6,805$
9,686$
Remember to set PT levels a bit lower, since 90% of the time first touches of levels get rejected, with price falling to a close support level, where you can re-accumulate.
In conclusion: With a lower total amount of tokens, real products with real value and increasing demand: You do the math :)
- This is no financial advice, so trade with care! -
For transparency reasons: As of yesterday I am invested in PUNDIX with 1/15 of my total portfolio size.
