Even After 310% Bullish MoveThe Pundi X (NPXS) Is Not Going To Stop This Rally

Even After 310% Bullish MoveThe Pundi X (NPXS) Is Not Going To Stop This Rally

By moon333 | moon333 | 16 Jan 2021


 



 

Hey friends, hope you are well and welcome to the update on the Pundi x (NPXS) token.

The previous idea produced more than 310% rally so far.

  The previous idea before execution:  

sell%2Bbtc.png  

 

 Previous idea after more than 310% rally

sell%2Bbtc.png
Click here to visit this old article on tradingview    

 

Retesting Ichimoku cloud:

Now after more than 310% rally, the price action has broken out the Ichimoku bearish cloud resistance on long-term weekly chart and now re-testing the previous resistance as support. snapshot    

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 Simple moving averages:

On the long term weekly chart, the price action of NPXS token has broken out the simple moving averages 25, 50 and, 100. And now re-testing 100 SMA as support. snapshot  Expected BAT:

On the daily chart, if the price action breaks down the EMA 10 and 21 then it can complete another harmonic BAT pattern. snapshot

 Click here to create a free account on tradingview to watch and play the chart in realtime

 

For exact buy and sell targets for this trade, and other harmonic trading signals you can join:

https://www.patreon.com/moon333

 

 

 Bull flag:

On the small-time period 4-hour char, the price action has formed a bull flag . This is a wedge pattern and if the price action breaks out the resistance of this wedge then it can rally 74% more. snapshot
Conclusion:

Even after the 310% bullish rally now the price action is re-testing the previous resistances as supports and not going to finish this rally.    

 

 

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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