: Showed a good pump in the last 3 days.
EMA : Still needs to come below the price. And seems coming downwards. Good if the increases for a occurrence.
Accumulation Area : 7 sats - 9 sats
Distribution Area :
Target 1 : 11 sats
Target 2 : 13 sats
Target 3 : 15 sats
Target 4 : 16 sats
Target 5 : 19 sats
Target 6 : 22 sats
Stop Loss : 6 sats - 7 sats depending on your entrance price.
Note : Pundi X has been in a since February 2019 which makes this bear trend to make NPXS to lose almost 185% in its price.
A dragonfly dogi occurred before 2 days. In the 1D chart here, the market was testing the previous support level that caused a strong rejection from this area. The formation of the dragonfly with the long lower tail usually shows us that there is a high buying pressure in the area and as it can be seen the on that day was the highest since April. Besides when this occurs in a downtrend, it is interpreted as a reversal signal even though we need to see other indicators too.
Remember to drop your LIKES and press the FOLLOW button if you are interested by our forecast and be free to DISLIKE the post or right your COMMENT if you not convinced by the forecast. Thank you for your time to read our posts anyways. With Regards.
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
With Regards. TeamTWA.
You can give us your feed backs and suggestions on our effort in addition to this your questions here in trading view or in our telegram channel by the same name togetherweaccumulate.