Altcoin Buying Trade Setup: PNTBTC LONG 50%+ PROFIT
Updated
PNTBTC is showing signs of starting the next leg up, with potential for 50%+ gains.
Fundamentally, pNetwork allows the issuance of assets with cross chain composability, which should allow it to ride on the Defi tailwind. Its small market cap of 32M also makes it a likely candidate for a pump. It is also running a trading competition on Binance, which should bring some buzz to this token.
Technically we see a strong breakout accompanied by a volume spike higher than any daily volume in recent trading sessions. Price is also bouncing off of the 76.8 Fib retracement and reclaiming the critical 61.8 Fib retracement level.
Trading setup: You can choose to either enter at current market levels or wait for a retracement to the entry zone. If you enter in the entry zone, your 1st take profit is around current market price. If you enter at current market price, your 1st take profit is take profit 2 marked on the charts. You can also split your order into two to average between current prices and entry zone. How you decide to play it is up to you.
This is not financial advice, please do your own Due Diligence. I'm just sharing my personal trades.
I will be posting ideas on a daily basis (whenever there are trade setups that meet my criteria).
Please follow, like, and comment to get daily trade setups and live trade updates.
Fundamentally, pNetwork allows the issuance of assets with cross chain composability, which should allow it to ride on the Defi tailwind. Its small market cap of 32M also makes it a likely candidate for a pump. It is also running a trading competition on Binance, which should bring some buzz to this token.
Technically we see a strong breakout accompanied by a volume spike higher than any daily volume in recent trading sessions. Price is also bouncing off of the 76.8 Fib retracement and reclaiming the critical 61.8 Fib retracement level.
Trading setup: You can choose to either enter at current market levels or wait for a retracement to the entry zone. If you enter in the entry zone, your 1st take profit is around current market price. If you enter at current market price, your 1st take profit is take profit 2 marked on the charts. You can also split your order into two to average between current prices and entry zone. How you decide to play it is up to you.
This is not financial advice, please do your own Due Diligence. I'm just sharing my personal trades.
I will be posting ideas on a daily basis (whenever there are trade setups that meet my criteria).
Please follow, like, and comment to get daily trade setups and live trade updates.
Note
Trade reached our entry zone. Order filled at 0.00008140.
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