PONDUSDT trade ideas
POND// Falling wedgeNot gonna try to map out swings for this one, just the overall movement. Currently POND has printed a falling wedge, which is a pullback from a bullish impulse, and as price pulls back momentum dwindles to the point there is a reversal back into the trend.
Also is we look at the overall visual, some may call this a bull penant..
Price is currently sitting on strong support at 38% and Ill be looking for a break in the Trend line before entering.
I usually would wait longer however I have a hunch things will play out in my favor. Regardless I have an exit plan incase things go awry.
For those looking for a safer trade, things to look for:
1. After the breakout, no matter how much you want to enter, WAIT for a pullback and reversal signs.
2. Reversal signs - bullish volume, reversal candles, your lagging indicator (lol), bollinger band touch.
Reasons not to enter yet:
1. Still within the trendline, no breakout
2. Bearish pattern still, LL - LH
3. Lack of volume currently.
4. It can be said this is a descending triangle aswell and we could have a break below.
POND & Retesting to reach 161 and 261% Fibo EXPond should gain some buying activity from the support 0.21-0.22 to break 161% fibo again as first target and 261% fibo letter @ 0.37 and we will keep watching if getting the power for further uptrend direction
Under-realized digital asset This is simply my personal analysis of a digital asset of a project which I believe is worth my attention. The project attempts the re-imagining the networking architecture underneath blockchains at "Layer 0"...the network layer. Current decentralized systems are based on peer-to-peer communication and the network layer is common to all crypto projects, bar none. Communication between components of the crypto-ecosphere is an essential component, Slow speeds = FAST DEATH to a project.
While there is not much financial history to perform a technical analysis on the project and it's asset I am investing in for the following reasons:
1. It addresses a real-work problem with an intelligent solution.
2. Recent launch on Binance in a bull market.
3. Very small market capitalization of $119,570,802
4. Currently trading at 0.2489
5. Very well educated and experienced team, despite the fact that I can pronounce none of their names.
6. Strong sponsors.
Things I don't like.
1. The asset name is terrible .....POND ? Why not FAST ?
2. The project name is goofy....Marlin ? Maybe if you are in the sport fishing industry.
3. Their website is deadly slow for supposedly a fast company.
4. I don't see any hot chicks on their company employee page.
5. No idea where they are located ? What are they hiding ?
So, please note that this is not financial advice, but rather a encrypted message which when de-crypted reveals the secret location of my banana bread recipe.
My immediate price prediction is easily $1.00 +
wmw
toronto, canada
Is Marlin ready to jump out of the water?Classic Belgian Frites cone, add some mayonnaise and it's ready to serve. Get in line while the queue is short!
*DISCLAIMER* This idea is only for the purpose of sharing ideas -> NOT investment advice,
any feedback from aspiring traders and experts are more than welcome.
Always keep in mind not to enter a trade to soon and remember to take profit along the way.
Stay safe, stay profitable & may the odds be forever in your favor ^^
POND TARGETS REACHED TP 1 IN
TP 2 IN
CHart Linked
Im still in Waiting my 10x ... My entry price arround 0,15
Patienceeee
The Setup Is Bullish📍 The Chart Is Extremely Bullish ,Expect The Breakout From The Trend Line Soon
🔴 Stop Loss : 0.13$
POND USDT TRIANGLEhi, just saying...
4hs, 1D charts shows a beautifull triangule? Whats Next?
good luck
POND pattern and targetIs early to say what POND will do (long term)
but at this small interval (45min) is easy to guess
PondUsdtNew long term investment. Fondamental points looking good. Not a lot of chart informations but IMACD 0 lag just crossed.. Support zone on the RSI Arround 45
Dips buy an bag fill. My first TP on this one will be 1$ with closing 60% of my positon
[PONDUSDT] 30% to take in the next few daysHello everyone.
Marlin (POND) is looking great for the next few days, especially since its recent listing on Binance.
Easy 30% from here in my opinion.
This is not an investment advice, do your own research :)
Good luck!
PONDUSDTHello dear friends and followers
Due to the good endometrial news of the pond coin and also the entry into several exchanges in the last few days, there is a possibility of good growth for this coin.
Comment ?
POND - 0.659POND is currently trading above the support of $0.149 and is targeting the resistance zone at $0.179. If it can flip this resistance to support by closing a few daily candles above, we could start seeing a move towards $0.216, $0.262, $0.338, $0.461, $0.584 and $0.659. Failure to break the resistance at $0.179 could lead to a drop towards $0.149 and $0.140.
