Pundi X (NPXS) | Woow !!! Shark Move Executed As Predicted Now Watch This BAT For Next Rally

 Hey friends, hope you are well and welcome to the new update on Pundi X token. In this video you will watch how:

As per my previous idea, the NPXS turned bullish from the potential reversal zone of bullish Shark and recovered rallied more than 63%. 

Previous bullish Shark idea before execution:

 



Previous bullish Shark idea after execution: 

Click here to visit this old article on tradingview


Click here to create an account on Binance, the best place to buy or sell NPXS token

 


Previous bullish Shark idea after execution:

On the daily chart while moving up from the potential reversal zone of Shark pattern the price action also broke out the resistance of a down channel. The candlesticks of NPXS token were moving in this channel since 4th Sep 2020. At this time the priceline of Pundi X is having good support of 200 and 50 simple moving averages. The 50 SMA has also formed a death cross with 200 simple moving average that is taking down the priceline to complete another harmonic move.

 

 This time it is bullish BAT move expected.

 

The priceline of the NPXS token has been rejected by the upper edge of the Ichimoku bearish cloud and the conversion line has formed a death cross with baseline. These signals can also lead the priceline to complete the final leg of the bullish BAT move.

 Click here to create free account on tradingview to watch and play the chart on realtime


Conclusion:

As this time while forming the bullish BAT on the daily chart the price action has good supports of 50 and 200 simple moving averages, therefore, this time the priceline may start the bullish move from 0.618 rather move between 0.786 to 0.886 Fibonacci sequence of BAT move. However, due to death cross above the priceline it can also be a bull trap and the priceline may move down to 0.786 to 0.886 Fibonacci retracement level and then move up.

 

 

Click on below link, then click on VMining select your miner plan and start earning amazing returns with yobit exchange's VMining program

​


Comments

Post a Comment

Popular posts from this blog

Dogecoin (DOGE) Look At This Amazing Bullish Reversal Pattern And Buy The Dip

Image
    Click here to create an account on Binance, the best place to buy or sell Dogecoin   For exact buy and sell targets for this trade, and other harmonic trading signals you can join: https://www.patreon.com/moon333     Earn 310% ROI as passive income on eclipcityglobal by investing and mining UME token   Note: the above external link will take you to the eclipcityglobal page, any Tron based wallet is required
Read more

Tron (TRX) | Amazing Bullish Setup For Big Breakout Soon

Image
    Hi friends, hope you are well, and welcome to the new update on Tron (TRX).   Behaved differently from Bitcoin: Yesterday, the price action of TRX has moved and behaved differently with the bitcoin. For example yesterday, we had the sale in Bitcoin but in TRX, we had a nice buying and it formed a green candlestick. Therefore, we can expect that if the bitcoin is moving down, the TRX can move to the upside.   Still moving above the trend line support: After placing the trend lines, we infer that BTC broke down the trendline support. Whereas, TRX is still moving above the trendline support. For example, if the TRX will be moved down, then there is still space for the price action to move down, which will be approximately $0.069. If the price action will break down this trend line support, then we can expect that the Tron will move more down. Otherwise, it can bounce back.   Descending triangle and the volume profile: The price action is likely to have a rejection this time by the res
Read more

Stellar Lumens XLM A Big Air Drop 5 Billion tokens Distribution | XLM Has Spiked At $0.10 Resistance

Image
Yesterday Stellar had a big event of unofficial 5 Billion VWV tokens airdrop. The tokens were distributed as an airdrop to Stellar (XLM) holders based on a snapshot of the Stellar blockchain on July 16, 2020. So if you are a Stellar holder then you should visit the below link for more updates. https://community.vwv.pw/blogs/508/VWV-Power-VWV-airdrop-to-Stellar-XLM-holders   A big distance between priceline and SMAs: Now if we watch the live daily chart then priceline of XLMd has broken out all simple moving averages with a time period of 25 50 100 and 200. Now there is a big distance between the price action and these moving averages. Therefore this situation is a bit critical because if the price line will start a correction rally then it will need to move down up to the nearest available simple moving average to use it as a support. However, if the moving averages will be moved up to provide the support to the price action of Stellar coin then we can witness a further upward rally fr
Read more