Wilsonldr
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trendanalysis
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PNTUSDT
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1DLong
Retracement to 61.8% after its rally to $1.8+. Gonna consolidate here for awhile before it booms up again. Riches always goes to those who have the patience to hold.
5
THOUGHTS: Upward Trend - Price above mutiple MA AOI - Price touches 20MA ET - Huge price rejection on 4Hr Candle PRICE ACTION FORMING AN ASCENDING TRIAG, POSSIBLE BREAKOUT WITHIN THE NEXT 2DAYS.
1
Price below MA coupled with descending triangle, my guess is price will go under
1
Price hovering around major support line, with stochastic and Macd indicators in favour of a breakout. My guess is that price will be going up.
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