PUNDIXUSDT trade ideas
PUNDIX ideaThe goal of the Pundi X project is to make cryptocurrency available to everyone. While other similar projects attempt to outperform the banking system, Pundi X looks to simplify transforming retail businesses to make this happen.
Pundi X has created a blockchain payment ecosystem with the XPOS, XPASS and the virtual XWallet. The XPOS is the world's first blockchain-powered wireless point-of-sale (POS) for cryptocurrencies.
Using the XPOS, retail merchants, as well as consumers, can easily buy, sell and transact using digital assets in physical stores. The product is designed to accept every cryptocurrency. Popular digital assets like Bitcoin (BTC), Ethereum (ETH) and Pundi X (PUNDIX) are listed within the ecosystem.
PUNDIX/USDT I am staying away for nowThe long term trend is bearish for the coin, it's in the new zone of price discovery . There are no heavy buyers observed in the Zone. I will defiantly stay away from it until it clears this zone. There is always the possibility of reversal but it's not showing the signs till now.
For now, until the cloud clears I am going to invest somewhere else :)
Best wishes, Let me know your thoughts on this.
Disclaimer:
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in the publication constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
Last calll for pundix...and we goafter forming a bullish falling wedge, and visited many times the support, a life and signal are being seen in pundix. IT IS NOW LYING on the point of resistance wherein anytime f4om here,a break will occur. Just a little more patience and we go....
PUNDIX - UpdateSome interesting moves here and a deep correction. Is the B-wave a 'false' break to a new high? So hard to determine in the midst of the Token Swap.
PUNDIX BROKE ON 4 hours 20MA##########################################################################################
DISCLAIMER: This is NOT A FINANCIAL ADVICE.. THIS IS FOR EDUCATIONAL PURPOSES ONLY
##########################################################################################
PUNDIX Playout 3BNot a financial advisor and do not claim to be please keep up with the news and do your own research whilst looking and comparing ideas with mine or anyone else.
At the end of the day this is crypto and we hope for the best but anything can happen :)) trade wisely and accordingly
PUNDIX - Rise from a Low? Possible!So in this post I am looking at the token price from a fundamental perspective, rather than technical.
Ever since @PUNDIX has decided to transform/rebrand their token from NPSX to #PUNDIX, with a reduction of the total token amount from 258,498,693,019 to 258,526,640, it has been trading at a low - and I see that actually as a good opportunity.
PUNDIX is providing real products: Their #XPOS solution and devices are distributed in 30+ markets including the United States, Spain, Argentina, Korea, Australia, Colombia, Spain and Taiwan. They are constantly shipping/selling more devices and the demand is growing.
Their blockchain solution enables easy payments with the XPOS device. Retail merchants, as well as consumers, can easily buy, sell and transact using digital assets in physical stores. The product is designed to accept every cryptocurrency. Popular digital assets like Bitcoin (#BTC), Ethereum (#ETH) and PundiX (former NPXS) are listed within the ecosystem.
For a short technical analysis: In the chart you can see that a low around 3,58$ has been working as a support (this can also function as a Stop-Loss). Other following lows did not even touch that level (3,66$ and 3,67$).
My profit taking (PT) levels:
4,243$
4,541$
5,602$
6,805$
9,686$
Remember to set PT levels a bit lower, since 90% of the time first touches of levels get rejected, with price falling to a close support level, where you can re-accumulate.
In conclusion: With a lower total amount of tokens, real products with real value and increasing demand: You do the math :)
- This is no financial advice, so trade with care! -
For transparency reasons: As of yesterday I am invested in PUNDIX with 1/15 of my total portfolio size.
PUNDIX Playout 3I just want to project my gains... I've already lost, however I've spot traded this coin a lot and made so much from it. Honestly any price I sell at even if its $1 I'm still in profit as I've been in PUNDIX (NPXS) for a while now and but at some ridiculous prices.
This is a personal decision not financial advice.
Trade carefully... this is crypto anything can happen
PUNDIX great buy opportunityAfter a bearish momentum, the new PUNDIX has made three tries of a breakout from the triangle. In addition, there is a possibility of reversed head and shoulders with confirmed low volume in the right shoulder. Thus, we may see a skyrocketed price movement in the upcoming 2-3 weeks. Wish you successful trading ;)
PUNDIX (Updated)I am updating my previous idea related to PUNDIX. Unfortunately, we did not see the reversed head and shoulders, however, the price action gave us more clarity for the future direction. I expect the price to reach an all-time low today (16/04) as a complete 5th wave of correction before changing the trend. Thus, I think we will have a great weekend. Do not miss buy opportunity and stick to the stop-loss at around 3,5 USDT . Wish you successful trading ;)
