Hi all,
PONDUSDT is doing a great symmetrical triangle on both Daily/Weekly timeframes.
RSI is doing a huge bullish divergence since May (!) and MACD is showing some bullish signs, trading above the signal line for the past couple of days.
POND made a great pump one month ago with a great volume spike as you can see on the chart, then it went back into the triangle. The accumulation was done mostly in the current trading zone as the Volume Profile tool shows (green rectangle).
Bollinger's band are showing a sort of contraction which indicates a ranging zone being consolidated.
I believe POND will explode in upcoming days. 40% to 180% move according Fibonacci's levels (0.618 to 1).
This is not an investment advice, just sharing my thoughts as always.
Good luck everyone! :)
PONDUSDT is doing a great symmetrical triangle on both Daily/Weekly timeframes.
RSI is doing a huge bullish divergence since May (!) and MACD is showing some bullish signs, trading above the signal line for the past couple of days.
POND made a great pump one month ago with a great volume spike as you can see on the chart, then it went back into the triangle. The accumulation was done mostly in the current trading zone as the Volume Profile tool shows (green rectangle).
Bollinger's band are showing a sort of contraction which indicates a ranging zone being consolidated.
I believe POND will explode in upcoming days. 40% to 180% move according Fibonacci's levels (0.618 to 1).
This is not an investment advice, just sharing my thoughts as always.
Good luck everyone! :)
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。