PONDEvery time price has had interaction with these lines there has been rejection. It's getting close to a point where price will have to break this sequence or continue on its path.
Price has been making higher lows since the last 3 touches, which suggests that current price may be a bottom for the next move upwards.
Previous analysis linked.
PONDUSDT.P trade ideas
PondUsdtthis coin have chanse for pump ith 1 candle and you should have good targets for dont miss profit
this chart is short on houbi chart is better but for more ppl work on binance :( i use binance chart
i hop can got profit
this analyse for frind ask me
GL
The coins that have a copycat market are usually quickly pumped and dumped fast," these dumps are these days because of bitcoin's powerful moves that accumulate liquidity, and now that Bitcoin is reforming a little bit, they can go back to the rest of the coins.
EntryPoint:
0.08993
Support:
0.07600
0.06189
0.04429
Resistance:
0.10613
Targets:
0.13463
0.18198
0.26731
0.32700
0.43563
GL
[PONDUSDT] End of symmetrical triangle... bullish!Hi all,
PONDUSDT is doing a great symmetrical triangle on both Daily/Weekly timeframes.
RSI is doing a huge bullish divergence since May (!) and MACD is showing some bullish signs, trading above the signal line for the past couple of days.
POND made a great pump one month ago with a great volume spike as you can see on the chart, then it went back into the triangle. The accumulation was done mostly in the current trading zone as the Volume Profile tool shows (green rectangle).
Bollinger's band are showing a sort of contraction which indicates a ranging zone being consolidated.
I believe POND will explode in upcoming days. 40% to 180% move according Fibonacci's levels (0.618 to 1).
This is not an investment advice, just sharing my thoughts as always.
Good luck everyone! :)
Pond hidden bullish divergence. Upwards continuation.Historic bounce off of RSI oversold support line. Hidden BULLISH divergence on MACD to confirm upward trend continuation. Price respecting the upward trendline dating back to JULY. Price fulfilled long term Fibonacci 'ABC' pattern, waiting on price to reach target 'D' (0.22494) - our first take profit. Price also completed a short term Fibonacci sequence, 'ABC', first short term Fibonacci target 'D' (0.21911) aligns nicely with long term Fibonacci target.
Have patience, don't get greedy and not take profits when price reaches our targets :)
Have a nice day.