Pundi X Can Give A Huge New Year Gift To It’s Holders By Breaking Out Long-Term Resistance

Pundi X Can Give A Huge New Year Gift To It’s Holders By Breaking Out Long-Term Resistance

By moon333 | moon333 | 2 Jan 2022


 

Hi friends hope you are well and welcome to the new update on PUNDIX.

Long-term resistance and support:
Since the month of April 2021 the Pundi X has found a very strong down trendline resistance and the priceline has been rejected by this resistance for several times. Right now it is again likely to be rejected by this down trendline. There is also a very strong price-level support at 83 cents. Pundi x has tested this support 1st time in June 2021 and so far it is not able to break it down. The movement of the price action is getting squeezed therefore, very soon a break from this support or resistance is possible if the price line breaks out the resistance then there will be a key resistance at $2, and in case of breaking out the key resistance, it can move back to $10 very soon.

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In order to play and watch the current performance of the chart you need at least a free account on tradingview:

https://www.tradingview.com/gopro/?share_your_love=moon333

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Link for Binance exchange, to trade crypto:

https://www.binance.com/?ref=11256882 

 

 

Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

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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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