Long
pNetwork (PNT)
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 seems a big triangle pattern is formed and price is trying to break it upward. Let's see if this happens or not.
Anyway, as we can see from the chart, PNT been descending for a while. It seems a big triangle pattern is formed and price is trying to break it upward. Let's see if this happens or not.
Note
After PNT made a double bottom, an upward impulse wave started that broke the descending triangle pattern.
Note
PNT going up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.