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...
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...