This is regular triangle breakout with targets from 15% to 35%, keep your stop-loss inside triangle and you are good. Good luck and be careful with your trades when Bitcoin rises.
PNT/USDT -This coin almost had a trendline support break yesterday -During the Bitcoin minor correction to the downside -At 1.11 area, Bulls strongly bought the dip -The price went up by 16% increase -PNT network still holding a series of Higher Lows -Indication Buyers are still interested to push the price up -If we can see a breakout of the flat...
PNT/USDT -This coin is still trading inside an ascending triangle -The pattern is technically Bullish in terms of probability -Currently, the price is respecting the ascending line support -Including the dynamic support which is 50MA & 100MA -Aggressive Bulls are entering bids at the retest of trendline support -While conservative Traders are waiting for the flat...
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...
PNT PNetwork 4hr Chart FIB Analysis Price Range pntbtc pntusdt pntusd
PNT/USDT -Pnetwork is currently forming an ascending triangle pattern -We can see serries of higher Lows -Buyers are keeping the price above average -The flat resistance area is visible at 1.31 range -If we can see a candle body above resistance -This will be a Buy signal for upside continuation -Target is up to 1.9-2.0 Fib extension resistance -Local support is...
PNT/BTC -The price has tested the 200MA and bounces off strong -This level is a confluence of .618 Fib golden ratio -And previous minor consolidation last July 27-28 trading -We can see a new downward trendline of resistance -There is also of potential Double Bottom reversal -Provided if PNT can break above the trendline resistance -If it does, the reward is very...
PNT/USDT -PNetwork bounces strongly at the key support area -Which resulted in over 60% price increased today -The uptrend continues despite the recent BTC dominance pump -There is strong news about this coin in a few days -If Bitcoin will start moving sideways next week -There is a strong chance of more upside action will happen -$1.75-2.0 is my short term...
PNT/BTC -The temporary top has been set at 13800 area -The price has retraced -25% from the recent High -We can see a strong reaction bounce at .5 Fib support -This Fib area coincides with previous consolidation last July 20-22 trading -If this is the local bottom for potential upside continuation -PNT will likely rebound to test the 12000-13000 range in the...
💬 pNetwork (PNT), like most other DeFi charts, has been moving and looks like it'll keep going. Just take a look at how hard this ran since we suggested it on our watch list at the start of the week by comparing the posted chart to the one below (wow, right?) That run was nice, but we think it can get nicer. So, let's take a look at some levels for those PNT...
PNT/USDT -since the Cross Ultimate, indicator flashes Buy signal priority -the price has increased over 70% returns -the best entry was during the break of trendline resistance at 7800 range -there is a chance we could see another leg up -provided the new support area will hold around $1.2 range -but since there is less resistance at current levels -I won't be...
PNT/BTC -broke the resistance zone at 8500 sat range -this uptrend is followed with strong buying volume -since this is an ATH, price discovery is hard to predict -I will use the Fib extension to look for potential upside resistance -this will also guide us for possible sell area or targets -you can enter a trade now or wait for a retest -overall, the market is...
Trading in range. Price target: 8000 is the next level of Resistance / Support Please DYOR and share your thoughts and comments.