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Pundixlong

This Big Bullish Signal 1st Time Appeared In The History Of NPXSHi friends hope you are well and welcome to the new update on Pundi X. The NPXS token has to big events one after another. First one was on yesterday and that was the removal of 48 million tokens permanently. Even though this is not as that much big amount of tokens as compare to the total supply. But indeed it is a good initiative by Pundi X team. The other event is today on 14th July and that is “XPOS Merchant PayPal App”. When this announcement was added on 30th June 2020 by Pundi X team. The Pundi X surged more than 70% in just a few days. The price action has broken out all SMAs: On daily chart the Pundi X token turned very strong bullish and broke out all the simple moving averages with the time period of 25, 50, 100 and 200. At this time we can expect that 100 simple moving average will cross up the 200 simple moving average soon and will form a bull cross. That will be another bullish signal. This bullish indicator 1st time appeared in NPXS history: If we switch to the weekly chart and place the ichimoku cloud then the price action of NPXS token has crossed up the conversion line and base line. The conversion line has crossedup the base line and the lagging span has already crossed up the priceline as well. At this time the candlesticks are having strong resistance of bearish cloud. Once the priceline will be entered in the cloud then soon we can see that the price action of NPXS will try to breakout from this bearish cloud. If you watch the chop zone indicator then for the first time in the history of the Pundi X the chop zone gave bullish signal on weekly chart. That is a clear indication that the downtrend on the long-term has been chopped and soon we may witness a long-term bullish rally. Conclusion: Even though we have received bullish signals on the long-term and the price action is also bullish on the short term as well. But there is a distance between the moving averages and the price action. Therefore price action can start a correction rally at least up to the first available simple moving average the use it as support before furthering upward move.
NLong
by moon333
Pundi X Is Likely To Breakout For Further Upward MoveYesterday on 4 hour chart the priceline of Pundi X was forming a bullish BAT pattern and it was likely to complete the final leg of this move. As per Fibonacci sequence of bullish BAT move it was expected that the last leg of NPXS will be retraced between 0.786 to 0.886 Fibonacci level. And from there it will take the bullish divergence. But the price line went close to the potential reversal zone that was supposed to be started from 0.786 Fibonacci level and could not enter the potential reversal zone completely as below. Caught in wedge and 100 SMA strong support: If we examine this 4 hour chart more closely then it can be clearly seen that the priceline has formed a Wedge pattern. And Pundi X is moving within this wedge. The priceline broke down the 100 simple moving average on 24th of Feb and also broke down 200 simple moving average on 26th Feb. And after breakdown of these two supports we have witnessed a really very strong bearish trend on 4 hour chart. Finally the priceline is caught within this wedge and now it is being consolidated here. And crossed up 100 simple moving average. When the price action was forming the last leg of bullish BAT pattern which we have discussed earlier at that time the NPXS also had strong support of 100 simple moving average therefore in order to complete the last leg the price line needed to break down the support or atleast hit spike beyond the support of 100 SMA. But the priceline was not able to hit the price beyond this support level and got a powerful bounce from 100 simple moving average. Now it is expected that it will make an attempt to breakout the resistance of the wedge and if the price action will be able to breakout the resistance then it will use this resistance as support and using this support Pundi X might make an attempt to breakout the next resistance level of 200 simple moving average. And once it will break out the 200 SMA as well then we can see the bullish movement even on the bigger charts as well.
NLong
by moon333
Pundi X needs little more drop and then bang | upto 1482% gainsThe big harmonic move on 2 week chart: In previous post we have already seen that on 2 week chart the price action of NPXS has completed the formation of bullish Butterfly pattern. After taking bullish divergence at the starting of Feb 2020 it moved up by more than 70% from the lowest price of Jan 2020 which was $0.00012001 and now the price action has again dropped down in potential reversal zone of this pattern. The support: Even though the pundi X has found a recent support at: $0.00011078 but now there are chances that the price action may reach below this level. And during this move the priceline may not break down the $0.00011078 support but the spike can be hit beyond this level for the completion of another harmonic pattern that is being formed I will show that pattern latter on in this article. Oscillators and indicators: Previously we have observed that the moving average convergence divergence (MACD) was turned strong bullish and relative strength index ( RSI ) was oversold and it was turned bullish. The balance of power was also strong bullish and momentum was shifted to bulls. But now moving average convergence divergence (MACD) is turned weak bearish from strong bearish, relative strength index ( RSI ) is also turning bearish, balance of power is turned bearish, momentum is also being shifted to bears and if we see the stochastic then it has also given bear cross and these indications can lead the price action more down. The recent harmonic move: On 2 day chart price action of Pundi X (NPXS) is forming a bullish butterfly pattern we need little more drop for the completion of this pattern and then price action will be entered in the potential reversal zone and final leg will be completed. Formation of this pattern was started on 23rd December 2019 and at this time the final leg is being formed. The dimensions of new pattern: Let’s see how perfect this pattern is being formed: After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) should be retraced between 1.27 to 161.8 Fibonacci then the priceline will be ready to take bullish or upwards move. Buying And Sell Targets: The buying and sell targets according to harmonic Butterfly pattern should be: Buy between: $0.00006849 to $0.00001354 Sell between: $0.00011114 to $0.00021421 Is this volatility is insane? So for example if the last leg will be formed upto its maximum extent of $0.00001354 then there is possibility that this trade may produce upto 1482% huge gain. This move can be insane in some people’s point of view but the level where the Pundi X is moving at this time is turned extreme volatile therefore the little movement of NPXS produces huge profits and losses as well. For more examples you can see the PundiX charts I have published on tradingveiw then you will find this token produces hundreds of percents gains and losses even on hourly charts. And this is the beauty of PundiX that makes it more attractive for traders. Stop Loss: The potential reversal zone area which is up to $0.00006849 can be used as stop loss in case of complete candle stick closes below this level. Note: This idea is for education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
NLong
by moon333
Pundi X (NPXS) Has Starting The Journey Towards 459% Bull MovePundi X (NPXS)has started a strong bullish rally at the starting of Feb 2020 and it is up by more than 70% from the lowest price of Jan 2020 which was $0.00012001. The moving average convergence divergence (MACD) is turned strong bullish and relative strength index (RSI) was oversold now it has turned bullish and moving up. The balance of power is strong bullish and momentum is shifted to bulls. On day chart the candle sticks are closed above exponential moving average 10 and 20 after Jun 2019 and EMA 10 has also formed bull cross with EMA 20 and lifting the priceline and Bollinger band is expanding and paving the way for priceline to move up the candle sticks are stick with the upper bands of Bollinger bands and turning more bullish the angle of Bollinger bands is also moved up after Jun 2019 showing the trend is changed now. +DI has crossed -DI and ADX is also aggressively moving up previously it was assigned to –DI now the ADX is assigned to +DI which is clear signal that this time the power is in bulls hands. Previously the ichimoku cloud was turned bullish upto 1 day chart now upto two day chart the Ichimoku cloud has changed from bearish to bullish and lagging span of ichimoku cloud has crossed up the price action and conversion line has crossed up the base line. On other side the chop zone upto 2 day chart is also turned bullish. In previous post we have already seen that on 2 week chart the price action of NPXS has completed the formation of bullish Butterfly pattern and has taken bullish divergence at this time the price action is above the potential reversal zone of this butterfly pattern moreover Stochstic has also given bull cross from oversold zone and soon priceline can enter between 0.382 to 0.786 Fibonacci projection area of A to D leg which is from $0.00037271 to $0.00100624. So NPXS still has potential to give upto 459% from here.
NLong
by moon333
5
NPXSUSDT forming bullish BAT | A good long oppotunityThe World's No:106th cryptocurrency Pundi X (NPXS) is forming bullish BAT pattern on 12hr chart and expected to enter in bullish potential reversal zone soon. Lets have a look on the Pundi X price action's move: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is almost projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is suppose to be retraced between 0.786 to 0.886 Fibonacci for a perfect bullish BAT and then the price action will be entered in potential reversal zone of this bullish BAT pattern, then we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move. As per Fibonacci sequence method we can set our targets as below for mid term trade: Buy between: $0.0001259 to $0.0001233 Sell between: $0.0001322 to $0.0001415 So this is a good and very short term long opportunity for NPXS traders. Regards, Atif Akbar (moon333) The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
NLong
by moon333
2
NPXSUSDT formed bullish Gartley | A good long opportunityWorld's 111 ranked crypto token Pundi X Pundi X (NPXS) has formed bullish Gartley pattern and entered in potential reversal zone and ready for bullish reversal soon. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone. Lets have a look on the dimensions of NPXS priceline's move: After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci as perfectly required for Gartley pattern and now the price action is moving in potential reversal zone of this Gartley pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above the 0.786 Fibonacci levels then it can also lead to the long term bullish move. So as per Fibonacci sequence method we can set our targets as below for mid term trade: Buy between: $0.0001347 to $0.0001337 Sell between: $0.0001354 to $0.0001372 So this is a good short term long idea for NPXS day traders Regards, Atif Akbar (moon333)
NLong
by moon333
2
NPXSUSDT formed Shark | A good long opportunityPriceline of world's 110th largest cryptocurrency out of more than 2300 crypto tokens Pundi X (NPXS) has formed bullish Shark pattern and entered in potential reversal zone. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone. Let’s have a look on the dimensions of NPXS price action's moves: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci as required for perfect perfect bullish Shark and now we are entered in potential reversal zone of this bullish Shark pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move. As per Fibonacci sequence method we can set our targets as below for mid term trade: Buy between: $0.0001210 to $0.0001190 Sell between: $0.0001227 to $0.0001268 So this short term 4hr based chart trade is good long opportunity for NPXS day traders. Regards, Atif Akbar (moon333) The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Shark pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
NLong
by moon333
1
Pundi X (NPXS) Long Term Analysis | Pundi X Completed ButterflyThe world’s 99th ranked cryptocurrency out of more than 2300 cryptocurrencies Pundi X (NPXS) was moving within a falling channel since Dec 2018. Following this channel the traders were earning very easy money by simply buying at support of channel and sell at resistance. The 1st bounce produced more than 80%, the second bounce produced more than 96% and 3rd bounce gave more than 106% profit and then finally in July 2019 the price action broke down the support of channel and since then NPXS has formed a long bear leg. The Ichimoku cloud: On daily chart In the month of July the ichimoku cloud turned bearish now after more than 4 months finally the cloud is turning bullish as we can clearly see that lead 1 has crossed up the lead 2 and lagging span has attempted to cross up the priceline. The Indicators and Oscillators: The chop zone which was turned strong bearish since Aug 2019 is also turned weak bearish in the month of Oct 2019 and moving average convergence divergence (MACD) is also turned weak bearish from strong bearish and fast length of MACD is likely to cross up the slow length very soon and RSI is also oversold since Sep 2019. The pennant: When the Pundi X extended its bear leg then it changed its movement from up channel to pennant by having 4 touches at resistance and 3 touches at bottom of pennant now the price action is at the end of this pennant now from here the priceline can either breakdown the support of pennant or breakout the resistance but as discussed earlier we have seen that indicators and oscillators are turning bullish so we can expect the breakout or more sideways trend. The harmonic move: After all above observations the most powerful signal and indicator for me is the harmonic move which is always formed by nature by supply and demands of humans and this time the Pundi X has formed a bullish butterfly now lets have a look at this pattern: After initial (X to A) leg the B leg is retraced upto 0.786 Fibonacci as required for bullish butterfly and B to C leg is projected between 0.382 to 0.886 Fibonacci projection area of A to B leg this is the second confirmation of bullish Butterfly now finally we needed the retracement between 1.27 to 1.618 Fibonacci and by retracing upto 1.376 the price action confirmed that it has completed the bullish butterfly pattern and now it is in potential reversal zone of this pattern. Here the important point is that the 1.618 Fibonacci level is in negative and the priceline cannot cross the 0 point so we can assume that the price line has hit the lowest point and cannot move more down now we can set our sell targets between 0.382 to 0.786 projection area of C to D leg. The buying and sell targets should be: Buy below 0.00010493 Sell between: 0.00037007 to 0.00101017 According to above calculations the Pundi X can be the coin which is gonna give profit more than all cryptocurrencies. Regards, Atif Akbar (moon333)
NLong
by moon333
1
PundiX no danger no gloryWell this shitcoin is dangerous but if you have few extra bucks and not scare to lose them, it worth to give it a try. Volumes are weaks for now on Binance so this strategy can be long. Make money in the blood and patience reward. RSI oversold Macd looks like will cross up StochRSI looks like will cross up Buy 3-4 Sats ( can place order at 3 in Binance or Bittrex and be patient ) Sell 9-12 Sats ( remember if you buy at 3 sats and sell at 9 Sats you make 3X your invest, so 300% is big enought! ). Stop Loss 2 Sats ! Happy Tr4Ding!
NLong
by thecryer
1