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PNUT / TetherUS
Long

PNUT Double Bottom Signal

146

  • The $PNUT Peanut the Squirrel token did a whooping 70% correction


It even broke GP. Thanks to BTC it had a role to play in this too. But huge support held PNUT at $59 - $0.61.

A clear and obvious Double Bottom has appeared in the chart. This is a bullish signal, which means PNUT is ready to go back up. I am holding from $0.61. The blue-line support-turned-resistance line needs to be broken.

See target and resistance levels expected on the chart. Goodluck. BTC is again crucial for this momentum to continue.


Correct me if i'm wrong. Like if you disagree. Comment if you agree 👍

Note
The support-turned-resistance line is "yellow" actually :)
CryptonKidd
Also on:
chartanalysischartsDouble Top or BottomFibonaccipeanutthesquirrelpnutPNUTUSDTpnutusdtlongSupport and ResistanceTechnical Analysistradesignal

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.
chartanalysischartsDouble Top or BottomFibonaccipeanutthesquirrelpnutPNUTUSDTpnutusdtlongSupport and ResistanceTechnical Analysistradesignal
CryptonKidd
Also on:

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.