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PENDLEUSD

PENDLE LOOKS BEARISHWe have a 3D on the chart. A bearish CH is also seen, which is an important sign for a trend reversal or at least an internal pull back in the substructure. A supply can also be seen nearby. There is a very high probability that the drop will be done from the specified supply. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
2
Pendle is pumping, how much % can it make? (342%)Pendle is one of the stronger coins currently on the crypto market. We can see that we have had a pretty long consolidation where whales were accumulating coins. Of course they want to make money, so they sent the coin to the upside. We can see that the uptrend is starting to be parabolic, which is very good because you can make a lot of money in a short period of time. My profit target is the 2:2 FIB extension, which is 342% profit from the current price if you buy the coin right now. About Pendle - Pendle is a protocol that enables the tokenization and trading of future yield. With the creation of a novel AMM that supports assets with time decay, Pendle gives users more control over future yield by providing optionality and opportunities for its utilization. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Long
by Xanrox
3
PENDLE/USDT upward momentum? 👀🚀PENDLE Analysis💎 Paradisers, focus on #PENDLEUSDT as it currently attempts to break a resistance level, hinting at a strong possibility for a bullish trend post-retest. 💎 #PENDLE has recently shown a Market Structure Shift (MSS) and is now making its second attempt to breach the $1.4107 resistance. A successful break above this point could open up an attractive trading opportunity at the retest level. If it sustains this upward trajectory, the next target could be the Fibonacci resistance level. 💎 However, given the ever-evolving nature of the crypto market, being ready for various outcomes is essential. If #PENDLE struggles to maintain its upward momentum after the retest, a change in our approach may be required. 💎 Under such circumstances, our Plan B would be to prepare for a bullish push from a lower demand level at $1.0204. It's crucial to remain alert, as failing to hold this level might suggest a tilt towards a bearish market trend. 🌴💰.
Long
by MyCryptoParadise
PENDLE long medium-term trade #17Today we offer you our "estimate" of a potential medium-term trade for PendleUsdt Although we have several options for entering at long Pendle, we publish the "safest" one in terms of risks and entry points on a possible "false breakout" of liquidity. Long entry - range $0.5751-0.5851 Stop loss - $0.5399 Take profit - $0.9540 P/L ratio - 9.3 If the price continues to rise from the current price and breaks above $0.6850 , then this trade will lose its relevance and we will publish an update. We allocate $5,000 for PendleUsdt trade, because the coin is highly volatile In the event of a mistake, we will lose $350 If the trade will be a success, we will receive a profit of $3220
Long
by P_S_trade
26
PENDLEUSD: Strong buy opportunity at the bottom of the ChannelPENDLEUSD is attempting to get detached from the 1D MA50, located at the bottom of the 8 month Channel Up. The 1D MACD is in the process of forming a Bullish Cross, while the overal timeframe is neutral technically (RSI = 50.567, MACD = 0.003, ADX = 41.833) indicating strong upside potential. As long as this holds, we are expecting this to be the start of the new HH leg. We're long aiming at at least a +400% rise (TP = 3.4000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:PENDLEUSDLong
by InvestingScope
4
Pendle listed on Binance - Buy, hold, sell?Pendle has been the best performer during the bear and early bull markets. TVL has grown and gained much traction as it offers an interesting product. However, is the current valuation reasonable? Its current Mcap is at 112M, and the circulating supply is about 42%. At its recent peak, PENDLE was up 5000% from its ATL and still hasn't surpassed its ATH. Don't be fooled by the prices shown here on Tradivingview, as its actual ATH was closer to 2.5$, and the 1.4-2.5$ region was the area it first started trading in May 2021. Usually, most listings on Binance tend to fall sharply, but will Pendle fall? What makes a listing top once listed on it? Well, usually, whales find the opportunity to offload their assets once a token gets on the platform, as that provides enough liquidity for them to exit. In bull markets, listings create excitement and fuel the price higher, while in bear markets, they tend to do nothing. If we are in a bull market, then it's possible that the listing won't mark the top, especially because we are in an early bull market. Binance isn't as strong as it once was, and there is a lot of FUD around the exchange; however, it remains the largest and most important. What's more important for Pendle is that it has almost reached its previous ATHs in USD terms and new ATHs in BTC terms. That means that it is fairly expensive, despite the adoption it has seen. Personally, I wouldn't short here, but I wouldn't immediately buy either. I would wait for the market to cool down a little bit and then step in. As you can see below, the first relatively large exchange that listed it and that is also available on TradingviewPendle was MEXC. The listing came in Sep 2021, and the market surpassed those highs but is now back below them. Since its most recent breakout, the market rallied more than 150%, and before that breakout, I wanted to talk about it but totally forgot about it. Today the market spiked and is already down 30%, yet it's still above the level from which trading opened today. The current price action looks like a blow-off top, and that's why there is no reason to chase anything here. I expect some consolidation here, and the market might have another leg up once the consolidation is over. Usually, when an asset goes back near its ATHs in USD and BTC so early in the bull market, it tends to go much higher. This momentum is hard to stop, but that doesn't mean the rally will come immediately after such a volatile day. In my opinion, 0.95-1.05$ are good levels to add longs and aim at least for the ATHs around 2.2-2.5$ as the next target.
CRYPTO:PENDLEUSDLong
by BitcoinMacro