Hello all :)
Another alt I have been following the price movements of closely... PUNDI X!
Volumes have been increasing substantially in this coin ever since it hit bottom in late December.
Currently NPXS is consolidating in a bullish formation known as an ascending triangle.
This is a bullish continuation pattern.
The length of the flagpole is 12 sats, so to determine our target we use the length of the flagpole added to the breakout.
This gives us a target of 32 sats upon breakout, near the 1.618 extension of the current local high.
RSI lows are falling as the price lows are raising, indicating hidden bullish divergence.
All things considered, this coin looks ready to MOVE!
Accumulate this coin while you can, it is deeply oversold and looks to soon go on a powerful rally.
Another alt I have been following the price movements of closely... PUNDI X!
Volumes have been increasing substantially in this coin ever since it hit bottom in late December.
Currently NPXS is consolidating in a bullish formation known as an ascending triangle.
This is a bullish continuation pattern.
The length of the flagpole is 12 sats, so to determine our target we use the length of the flagpole added to the breakout.
This gives us a target of 32 sats upon breakout, near the 1.618 extension of the current local high.
RSI lows are falling as the price lows are raising, indicating hidden bullish divergence.
All things considered, this coin looks ready to MOVE!
Accumulate this coin while you can, it is deeply oversold and looks to soon go on a powerful rally.