The Power of 0.5: A Comprehensive TA of PLS / USDTAnalyzing the PLS/USDT chart, we see how strikingly potent the 0.5 line is for altcoins, while the 0.618 line tends to resonate more effectively with Bitcoin. The dynamics of altcoins seem to lend more weight to the influence of the 0.25-0.5-0.75 lines. Isn't that fascinating? 😀
If you take a look at the chart, you'll notice substantial adherence to these lines. They tend to serve as either robust resistance or reliable support, showcasing the ebbs and flows of the crypto market.
So, how do we interpret this technical analysis? The resistance is the hurdle that we must overcome to shift into a more bullish state. And the support? It's something we must maintain, or else we risk a downward slide. Currently, the All-Time High (ATH) stands at 0.0002800, and while the theoretical low is zero, considering the OKX chart, we've established the low at 0.0000500 where trading began. Are you following so far? 😊
Alright, moving on, I've highlighted daily, weekly, and monthly resistance and support levels for you. If the price is above a certain level, it acts as support; if the level is above the price, we're facing resistance. This handy information will be updated weekly, so feel free to revisit and refresh your memory! Plus, you'll see some significant volume levels I've marked.
Something else to consider: if the price doesn't dip below the Value Area Low (VAL), this signals strength in the price, suggesting it could rise and challenge the Value Area High (VAH). That means the price is likely to test the first weekly resistance, which, conveniently, aligns with the VAH—a great example of confluence, leading to potentially better trades! Isn't this exciting? 😁
I've also pinpointed an attractive buying zone considering risk and reward metrics. I can't stress enough how important it is to factor these in.
Lastly, keep an eye on the respect that my levels will earn over time.
I hope you find this analysis insightful and, as always, keep those crypto smiles on! 😄
Pulsechain
2hr 24mins until 4hr closeIf this 4hr candle can form a bullish engulfing by close, its possible to form a base here and stop the bleed. The lower 1hr failed and its propped up but by lower timeframe trends... its not looking good but at least it means with the forward moving pressure of time, the trend will eventually break and support trends will form the bottom part of a hockey stick.
Pre Pulse Chain Pump? HEXPulse chain has been in the making for a long time and once again Richard Heart is indicating launch will be very very soon. Specifically any time in the next 6 days. As soon as the announcement came out we already seen a nice little pump that retraced quite quickly.
There seems to be a battle between holding tokens as the market sells off to get the pulse chain copy or sell them and get stuck with a copy of eth or stable coins that will be literally worthless at launch.
The idea of the world’s largest airdrop is a nice marketing gimmick but be real be honest your free copies are literally worthless unless there is a community to bring in real liquidity to support them and they most likely won’t. Hex is probably the only exception to this.
Because hex is really the only coin worth seeking a copy of on pulse chain it will most likely pump anytime from now until launch.
With that said as someone who is not a HEX or Richard Heart hater it would be intellectually dishonest to not call this what it is; A Buy the rumor sell the news event. Will hex completely collapse I don't believe so but if we see a massive pump pre pulse chain launch ask yourself why are they buying? Are thy buying because they all of the sudden flipped bullish on hex long term. Don't be stupid. If they buy it is for the free copy and will sell as soon as they know the snap shot for the copies has been taken.
Our pulse chain strategy is simple. We did not sacrifice for the project and have no plans of buying pls with new funds at launch because it will probably sell off first. Rather we have been dollar cost averaging HEAVILY into hex for months in anticipation of what is about to occur. Hex is already up massively, when the main net for pulse goes live we will be selling at least 75% of our holdings on both the ETH and PLS chain IMMEDIATELY. 25% left behind for a moon bag or serious sell off and better prices.
On the ETH side profits from hex will get rolled into another distressed but solid growth project and our hopeful short term hex target is 0.21
On the Pulse side things get a lot more complex but in spite of what the you tube pundits say ETH has been forked full system state before when ETH POW launched and it was a good experience to see what can happen. Pulse will be different as far as volume goes because it is a planned launched with lots of support but technically it is the same. There will be a bunch of literally valueless tokens and the only lucrative play will be to take any free ERC-20 copies you received and roll them into hex or pls with NO IDEA what either will be worth 5 minutes later
What did we learn from ETH POW launch? The sooner you sell them worthless ERC -20 copies the better and the listed dollar value is meaningless it is all ratio trading. Our main goal is to acquire as much pls and plsx as possible but when to buy will be very very tricky.
We have simplified our approach. BE READY FOR LAUNCH ANY TIME. As soon as word is received we will be instantly dumping everything and going straight to hex. Hopefully others do the same and the price of pulse based hex will pump like crazy and provide time for people to dump the free pls they are receiving for sacrificing. Then we will roll the hex into pls.
PLSUSDT Bullish signal emerging but no break-out yetPulsechain (PLSUSDT) has been rising on Higher Highs (first time this long) since it hit the bottom of its long-term Channel Up but remains below both the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line). Even though we are in the early stages of a new long-term rally, the confirmation of this trade will come once the price closes above the Lower Highs trend-line. We will target 0.9000 (0.5 Fibonacci), 1.1000 (Resistance) and 1.4000 (All Time High) respectively on the long-term.
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PLS PulseChain - Crypto Hidden Gem ???After years of waiting, it finally arrived: PLS PulseChain !
PulseChain Energy efficient, Faster, cheaper, fee-burning Ethereum fork.
If this is a scam or not, I don`t know, you need to do your own research, but once listed on bigger exchanges, FOMO could kick in!
Looking forward to read your opinion about it!
new kid on the block pulsechain mainnet token $plsOptimistic for this fork of ethereum chain, Pulsechain has a big community and fan base. still early for technicals, but for me im buying a big bag and hodling, im expecting some upwards movement, from the bottom of this wedge, the weekends have lower volume then during the week, so it could go sideways, faster, cheaper, smoother than ether, ASX:PLS OSL:HEX AMEX:INC $plsx
.0004 Really Soon? OKX Launching PLS/USDTINEVITABLE. Okx is the first to list, soon we will see other exchanges following suit. Coinbase? Crytpo.com? See you guys at the top.
NAS - what do you see, what do you see, look into my eyes.....Nas seems an easy trade hereabouts.
Trump is all over it. " If you want a gas stove you can have it. " You can have anything you want I dont care. Personally I would never cook on electric again. So I could never vote for a party that would make it illegal, lol.
Gold got rekt. Legacy probably 17% cheaper soon. Rotation into commodities like copper, lithium etc is pumping hugely. Were at stage 3, Topping now, for sure.
Alot of People are about to get Rekt, completely. And a smaller few are about to get the biggest windfall of their generation.
Every Trader and Parent will tell you that there is no better feeling in the world than getting as much as you can possibly afford, for as little as possible.
HEX / USDC UNISWAP 1HR CANDLEmoving sideways like the rest of the market, long term bullish, with the advent of PulseChain
launching i see Hex on pulse doing very well, on the new Eth based fork chain, faster speeds and cheaper fees/ P Hex is next on the watchlist, hodling my Eth hex for now and waiting. Ta on this is difficult at the minute with market uncertainty with regulations and gary gensler.
LESS THAN 500 DAYS 2 VICTORYThere is speculation of Pulsechain ( PLS ) & Pulesex (PLSX) launch, but one thing remains unchangeable: Hex on Ethereum (eHEX)
Let´s look back in 500 days and see how this turned out.
NO FINANCIAL ADVICE
Please do your own research, and do not use this as a projectile for your financial plan.
$HEX - 2 Months Of Selling Off - Relief Rally Imminent?Sqz momentum looks to be slowing down after massive mountain's of red. Price has been declining since March when it topped around 11 cents. I think we have the possibility of having some relief up to 7 or 8 cents unless Pulsechain releases and everyone sells off everything. It can go to 0 aswell 😭
#HEX What if?...#Pulsechain launches towards the end of summer
10c is a clear psychological level, as is the most recent local high
The action around mainnet launch is going to be very volatile , much like pre and post big pay day.
The higher we go, the more stakes that will be EES'd as the price draws out that locked value, and we could see 10 cents tested again in the future.
What do u think?
#PULSECHAIN LAUNCH ... I believe Mainnet can ONLY Launch
once
#HEX clears the Pulsechain sacrifice zone price.
and is in the #PULSEX range of prices that were sacrificed.
This is also the most beneficial in terms of Bitcoin cycles
#BTC should have entered the area around $35k by then
(at which it point may have a correction of 20% - always part of the game)
But that would have brought back in many people who would have left the space during the bear market.
It would lead us into the bitcoin halving in the spring of 24
So mainnet could be around Halloween!
So don't despair, at any further delays.... part of RH's plan.
Richard is aiming to have the best possible price action in all of his coins.
1 year of shilling and 1 year of euphoric price action to take is into to the 2025 top.
How much is left on the table for #HEX gainsThese are conservative , achievable price targets
I urged ppl to buy under the 10C level as much as possible , under 5c ideally.
You're basically out of time,
But there are still large price gains to be made
The trouble is, it now takes more economic energy to achieve those large gains in one cycle.
The window of opportunity has essentially closed for the small player.
#Crypto moves fast ... and the blood on the streets gets quickly mopped up.
I am anticipating deep discounts on eHEX and PLSX post launch
and if these opportunities present themselves you may get another bit at the cherry.
TEXAN Token daily pulling back. TEXAn token has had an extremely bullish previous 62 days. It went up 623% over that time period. I saw the RSI peaking overbought and needs a pullback to recover. Look for it to return to the first white line and if lower, down to the tread line on the RSI before another leg up. This project has A TON going for it. People are sleeping on it.
HEX weekly chart is still intact and waiting for PLS launchHEX daily zoomed in...HEX is looking extremely
bullish to me...not only awaiting PULSECHAIN
AND PULSEX launch soon, but its wanting to
break out of the Triangle and it may retest the 7.86
retracement zone then move up to
the $0.10 mark. Once we break that $0.10 price
HEX then could reach much much higher.
RSI looks great too
PLSD DAILY is charting Bullish DivergencePLSD daily made a perfect pullback to the
6.18 Fibonacci while hitting the absolute
oversold position in the RSI. Classic Bullish
Divergence with the price action and RSI