pNetwork, formerly known as Eidoo (EDO), is an open-source multichain routing protocol for providing interoperability across a variety of independent blockchains; they claim you can bridge more than 50 assets among 15 blockchains such as Bitcoin, Ethereum, Polygon, Arbitrum, Litecoin and ... Anyway, as we can see from the chart, PNT been descending for a while. It...
PNT just broke out of the $0.7 price zone and is heading towards the $0.9 and $1.1 zone and it could touch these areas in mid-July. However, if PNT loses the $0.7 zone, it will create a fakeout and will fall back to the $0.50 zone. 📈BUY 🔴Buy : 0.68-0.72$. SL if B 🔴Buy : 0.88-0.92$ if A. SL if B 📉SELL 🔴Sell : 0.88-0.92$. SL if A 🔴Sell : 1.07-1.13$. SL if...
Trading suggestion: There is a possibility of temporary retracement to suggested support line (0.0000176). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Eidoo/Bitcoin EDOBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0000176). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Eidoo/Bitcoin EDOBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0001). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0001). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
I saw this types of distribution already, on the first glance it looks like a ascending triangle, but when you look closely you can see divergence building on the RSI. If you are about to enter short here, you gotta know that sentiment is still pretty bullish, but on the other side, that gives me more confidence in shorting PNT right now. ETH 2.0 event just acme...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.7900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.7900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.000085). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.000085). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Upon rebranding EDO ti PNT and listing on binance, I expect big drop from this resistance. A lot of confluence in this area and indicators signaling for a pullback, and posible trend reversal. Chart on binance is only this double top you see here on bitfinex, so traders there cannot see a full picture, and will be caught in a trap. Don't be a buyer here, no matter...
fib 61.8 - 78.3 resistance horizontal resistance rsi oversold volume divergence trendline resistance binance listing PNT token rsi divs on STF
Pretty good trade location for shorts. Right now in a pocket between 61% and 78% of a previous bear move. Bear divs on daily, and on 4 hour. We had 4h RSI breakout, and price action breakout, but it seems more like a fakeout, liquidating all shorts up there. Also price is now at the horizontal resistance, and upper fib channel. A lot of talk recently about $EDO...
$EDO, May has been a terrific month for some alts... 225% up in value on this one... Currently sitting at ~6200 sats resistance level, Token burn just executed, Unless it flips this level into support & starts pushing up, you know what they say... #EDO
Eidoo (EDOBTC) is now challenging EMA100 (blue line) while printing really high volume... This altcoin pair can produce additional growth. Looking at the chart above, I've marked the main two targets for this breakout. The first one is sitting at 0.00004485 for 88% of potential profits. The second target is sitting at 0.00006480 for 172%. Conditions for change...
EDOBTC Buying in the area0.0000147 - 0.00001388 Goal 1 - 0.0000156 Goal 2 - 0.0000166 Goal 3 - 0.0000182 Breakdown of 0.0000135, price may fall below If you like what I do, put 👍 and subscribe Waiting for your comment, what do you think about this?