PNT/BTC (Retesting Recent Low)
BINANCE: PNTBTC
-PNT tested the lower channel support and we saw a good bounce up
-Right now, the price is retesting the recent low at 5400 sat range
-If this level will hold for the next 5-7 days, it is a good sign
-A potential Double Bottom is on the card but we need to break the resistance
-I recommend to buy the breakout this channel or wait for a retest (pullback)
-But if you are a support Buyer, wait for the current price to hold
-Until it forms a base showing strength at the current level
-Be sure to have a proper stop loss below recent Low
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Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
-PNT tested the lower channel support and we saw a good bounce up
-Right now, the price is retesting the recent low at 5400 sat range
-If this level will hold for the next 5-7 days, it is a good sign
-A potential Double Bottom is on the card but we need to break the resistance
-I recommend to buy the breakout this channel or wait for a retest (pullback)
-But if you are a support Buyer, wait for the current price to hold
-Until it forms a base showing strength at the current level
-Be sure to have a proper stop loss below recent Low
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
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