Hi dear patrons, hope you are well, and welcome to the new update on pNetwork ( PNT ). During the previous market crash, PNT formed a big bullish Shark which I shared as below:
Now during the current drop, PNT has formed another bullish Shark, on a weekly time frame. There is also a very strong support from $0.6347 to $0.5400 underneath the buying zone.
Buy and sell targets:
Buy between: $0.8558 to $0.6347
Sell between: $1.10 to $1.60
Stop loss: Below: $0.6347
Possible profit and loss ratio: As per the above targets, this trade has a huge profit possibility of up to 152% , and a loss possibility 14%, as per the current price.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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