Setup: Pundi X has been on long term downtrend and recently got rejected off 200D EMA and its 4h 200 EMA Entry: 0.8145 TP: 0.71 SL: trail using SAR indicator( currently at 0.8526 )
Setup: PUNDIX has been respecting the downward trend line Entry: Macd crosses down SL: 1 ATR above 200 EMA TP: 0.6( ATL)
PundiX in my opinon looks like it's finally starting to make its way up to the 23.6% retracement level.
PundiX (formerly NPXS) lost its hype after the redenomination and regaining some momentum after its massive drop to ~$0.5. I'm expecting a bounce in these areas, placing my spot orders around $1.71-1.65 area, then I'll DCA if it goes lower to ~$1.59. I may place some orders at MA200 (blue line). Not a financial advise. Just my idea. Let me know your thoughts....
Pundix had a breakout of the falling wedge pattern and it's now printing an inverse SHS pattern as the retest. A clear indication of bullishness.
Pundix just hit a strong support forming a falling wedge. I'm taking a risk to buy. Buy now or buy the breakout.
Pundi X Providing a borderless payment ecosystem beyond fiat. There are many reasons why people are now turning to digital currency. The most obvious use case is for transactions, but digital currency also plays a key role in promoting financial inclusion, overcoming foreign exchange issues, and even mitigating the instability of fiat currency. People all over...
Targets as indicated on chart, expect resistance on the fibbonacci levels.
Triangle pattern, W pattern / Double bottom are performing now !
After consolidation for a while and then some major sell off while the token swap was happening. overall I'm pretty bullish on pundi x lets see if this can go our way.......The only way is up!
I'm new with making TA. So don't be to critical ;)
We expects movement to future forecasting of this chart
After the swap the exchanges will open again and the Pundix will go up again as it was!