#PENDLEUSDT (Update) Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze PENDLEUSDT today. PENDLEUSDT is getting good volume & Breakout done in 12H time frame. We can see gain here up to 50%+ profit so far🚀📈
PENDLE has given a breakout from the accumulation phase after bullish RSI divergence appeared on RSI at 1H time frame. It has made a higher low and a higher high and has also broken previous lower high which are all indications that bulls are in control of the price action for now. Entry point is taken on 0.382 of fib retracement level. Targets are mentioned on the chart.
LONG #PENDLEUSDT from $4.5059 30m TF. A level with several touches has formed on the instrument, beyond which I expect to see the stops of the participants' shorts, allowing them to cover a small area of imbalance. There was also an active compression of price lows, which indicates the local strength of buyers. The entry signal will be a trade near the level...
The price is testing a region of previous liquidity and as soon as it reached the previous minimum price, it already formed a change in character in the 5th and 15th minutes. This trade can have great RR potential, it is worth holding the trade until the return risk becomes very interesting.
#PENDLEUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about PENDLEUSDT Descending channel breakout done in 12h Time frame ✅ Expecting 70%+ profit in coming days 📈
Pendle did not bounce on the 100 EMA like I expected, the token is now deep into the daily demand zone. For longer term minded people this is definitely a great buy zone. I did add the start of a weekly demand zone as the dashed red, this is my next target. We could stop here, for traders we look to a break of the down trending resistance line.
Pendle has bounced of the 100 EMA 5 times in the last 6 months. I expect this to happen again. What happens after the bounces is up to BTC unfortunately. This could be another short-lived pump, or a building block towards all-time-highs. Regardless I think we test 5.1$ off this bounce, PENDLE has also dipped perfectly into the daily demand zone (rectangle)
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
#PENDLEUSDT UPDATE Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze PENDLE today. PENDLE is getting good volume in 8H time frame. Expecting 50%+ profit so far🚀
Continuation of Uptrend Wait for breakout Always manage your risk according to your portfolio and also do your own analysis before taking any trade. Please give your suggestions in comment section so i can improve my skills. Thank you
#PENDLE/USDT is heading towards a retest of the diagonal Trendline in 4-Hour TF! I'm expecting liquidity below this trendline and then a pump. SEED_DONKEYDAN_MARKET_CAP:PENDLE breaking PMH $5.43 support level. Wait for Breakdown and Reclaim to add some in the spot.
The 4-hour chart for Pendle (PENDLE/USDT) indicates a consolidation pattern, where the price is compressing within a symmetrical triangle. This pattern typically suggests a continuation of the prior trend, which in this case has been upward. The price is currently trading near $6.053. The first resistance (R1) is marked by the upper trendline of the triangle,...
Symmetrical triangle formation on #PENDLE 4H timeframe. Looks promising and ready for the breakout. Wait for the breakout and then enter. Targets are: $6.894 $7.510 $8.126 $9.003 $10.121 Support: $6.132
Pendle has been a market leader and has shown some alpha, the token has pumped on its own against the market at times. This looks like a multi day bull flag setup, you could also draw this as a contracting wedge. A completely reset stochastic is important here as well, this flag projection is over 9$. Any time the stochastic has dropped significantly below 20 the...
💎 Paradisers, the recent market dynamics surrounding #PENDLE have indeed been noteworthy. 💎 Experiencing rejection once more at the strong resistance area, PENDLE has retraced back downward, potentially targeting the demand zone between 5.16 and 4.67. 💎 If PENDLE reaches the demand zone, it will be crucial for it to bounce back and attempt to break above the...
Bias: Short Reason: 12HS MSB. Entry on bearish retest. Confluence:: - TimeFrame: 12HS Entry, SL, Target: : On chart
PENDLEUSDT FIBONACCI WITH FAIRVALUEGAP TRADE. PENDLEUSDT in top gainers in last 4 hours on no 5.
Cross chain decentralized finance protocol that allows users to tokenize and sell future yields. The chart has been holding up relatively nice in the face of selling pressure. Buying the dip at 5.6