PNTUSDT is still ranging inside the rising channel and forming a bull flag. Once breakout takes place, it will test upper line of this channel which is about 6$.
It’s not safe for scalping now but I’m in for the mid-long term. Waiting for the breakout and retest is the safe way for this trade. Daily closes below the Blue line is my SL. Manage your own risk and...
The Fibo targets in green.
The redline is the neckline to the double bottom pattern, the price might consolidate above it for some time before it takes off. The break of the neckline with 4 hrs candle is the stop.
Hi friends, hope you are well, and welcome to the new update on pNetwork ( PNT ).
On the weekly time frame chart, the price action of PNT has formed a big bullish Shark pattern. There is very strong support at $0.30, therefore I have defied the buying range up to this level.
The buying zone is too wide, however, the...
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 $0.50 zone.
🔴Buy : 0.68-0.72$. SL if B
🔴Buy : 0.88-0.92$ if A. SL if B
🔴Sell : 0.88-0.92$. SL if A
🔴Sell : 1.07-1.13$. SL if...