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Pnetwork

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.
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by SaeedSalehinia
PNT/USDT Ready for an Explosive Journey? PNT Analysis Today 💎Yello, Paradisers! PNTUSDT is poised within a demand zone, presenting a robust opportunity for a bullish breakout. 💎Tracking its historical performance, PNTUSDT has shown a tendency to rally after engaging with its support zone. It's currently well-placed within a demand zone, which could foreshadow a successful breach of the supply level at 0.1941, potentially ushering in a climb toward higher resistance tiers. 💎However, if the market sentiment shifts, pNetwork might retreat to its support level to gather strength for another bullish charge. 💎A descent below the support level may lead to a significant downturn of PNT. While newcomers to the market might be eyeing long positions now, astute traders will keep a close watch on market trends to make well-informed trading decisions.
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by MyCryptoParadise_Simon
PNT/USDT Break Descending Channel. Bullish Momentum to up move ?💎 PNT has undeniably grabbed our attention. It has successfully broken out of the descending channel pattern, showcasing a notable upward trajectory. The breakout was marked by a robust green candle, indicating a bullish phase for PNT. Currently, for a confirmed breakout, PNT needs to surpass and maintain above the nearby supply level at $0.1370. 💎 However, if PNT struggles to breach this supply or faces rejection, it might retrace to the demand zone ranging between $0.121 and $0.119 for a retesting phase. A successful retest could propel PNT back towards the supply level and breaking it would pave the way for achieving its target. 💎On the flip side, if PNT fails to hold the demand zone, it might descend to the subsequent demand at $0.109. This zone is pivotal for PNT. A failure to stabilize here could see PNT continuing its descent towards a more robust support region.
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by MyCryptoParadise
🆓pNetwork (PNT) Feb-19 #PNT $PNT PNT is forming a Falling Wedge pattern in an uptrend. If it doesn't lose the $0.6 zone, PNT can suddenly rally to the $0.9 zone in March. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.6$ zone 🔴Buy : 0.6 🔴Sell : 0.7 - 0.8 - 0.9 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.6$ zone 🔵Sell : 0.6 🔵Buy : 0.52 - 0.45 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
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by CryptoStation
pNetwork (PNT) formed a big Shark for u[pto 900% big moveHi friends, hope you are well, and welcome to the new update on pNetwork ( PNT ). On the weekly time frame chart, the price action of PNT has formed a big bullish Shark pattern. There is very strong support at $0.30, therefore I have defied the buying range up to this level. The buying zone is too wide, however, the bullish move as compare to buying zone is huge, therefore try to buy as low as possible. For this purpose we can also wait for the RSI to enter the oversold zone.
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by moon333
1
🆓pNetwork (PNT) July-7 #PNT $PNTPNT just broke out of the $0.7 price zone and is heading towards the $0.9 and $1.1 zone and it could touch these areas in mid-July. However, if PNT loses the $0.7 zone, it will create a fakeout and will fall back to the $0.50 zone. 📈BUY 🔴Buy : 0.68-0.72$. SL if B 🔴Buy : 0.88-0.92$ if A. SL if B 📉SELL 🔴Sell : 0.88-0.92$. SL if A 🔴Sell : 1.07-1.13$. SL if A ♻️BACK-UP 🔵Sell : 0.68-0.72$ if B. SL if A 🔵Buy : 0.485-0.515$. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
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by CryptoStation
1
🆓pNetwork/USDT Analysis (21/4) #PNT $PNTThe buying force appeared at the 1.5$ zone, this sign may help PNT in generating new rally up to 3$ or even 4.5$ zone in May However, the 2.3$ zone is very strong that may push PNT down 📅EVENTS 👉Jun 30 : PTokens Bridges 👉Jun 30 : PToken High-Cap Bridge 👉Sep 30 : PNetwork Phase 2 📈BUY -Buy: 1.45-1.55$. SL B -Buy: 2.25-2.35$ if A. SL B 📉SELL -Sell: 2.25-2.35$. SL A -Sell: 2.9-3.1$. SL A -Sell: 4.4-4.6$. SL A ♻️BACK-UP -Sell: 1.45-1.55$ if B. SL A -Buy: 0.95-1.05$ if A. SL B ❓Details: Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
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by CryptoStation
PNT is gonna pump again ! 10 XHold on to your butts.. my last forecast from Jan. 17 was correct.. ! So, folks.. if we do this together.. it might work even better ;-) PNT: hovering above the 1 usd, making a triple fractal with bullish outcome ! PNT next target: 2.5 usd PNT goal: 6.5 usd again ! PNT potential destiny: 10 usd !! = 10x from here ! Let's buy some.. PS: remember my post on Jan. 17.. 3 of the 4 predictions came out and are not fully shaped yet.. so still huge potential, ready to break out !
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by Wolverinos
3
pNetwork Project Overview + Chart Analysis (Bullish Wave Next!)The pNetwork is a decentralized network of validators contributing to the verification of crypto asset switches across blockchains. pTokens aims to be a decentralized open-source system facilitating cross-chain movement of assets. As the cryptocurrencies industry continues to evolve, the development of alternative financial platforms is on the rise. A critical component for these to succeed is assets’ liquidity, which in the decentralized scene is currently spread across multiple independent blockchain protocols. The pTokens system bridges a variety of blockchains, powering the free movement of crypto liquidity. These bridges are operated by a network of validators, whose role is to verify the cross-chain asset switch and to guarantee the 1:1 peg with the underlying asset. pTokens removes the need for a trusted intermediary by creating a crypto-economic incentive through a governance token. The incentives mechanism is at the foundation of the pTokens system - the pNetwork Token (PNT) is leveraged to drive governance decisions, encourage community participation and adoption. While fueling validators’ activities, the PNT token is a key element of the staking method at the basis of the network. Website: p.network -- It took over 115 days for PNTBTC to show signals of a change of trend... That is almost 4 months before prices stopped dropping after hitting a peak. We can now expect the same but in reverse... A long period of bullish action can take place. The bearish wave was extended a bit longer than expected when it comes to the smaller altcoins but this is normally the case... It doesn't really matter how long it takes, you get a bullish wave after a bearish wave. The trick is to know when to buy when to sell... The market moves in waves. Namaste.
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by AlanSantana
1
pNetwork (PNT) Completing Bullish BAT For Up to 14.10% ProfitOn a 1 hour chart, the price action of pNetwork (PNT) is completing the final leg of bullish BAT pattern, soon it will be entered in a potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern should be: Potential reversal or buying zone: $0.4844 to $0.4748 Fibonacci projection or sell zone: $0.5073 to $0.5422 Stop Loss: The potential reversal zone area that is up to $0.4748 can be used as stop loss in case of complete candlestick closes below this level. Possible profit and loss ratio: As per above targets this trade has a profit possibility of 14.10 % and as per the above-mentioned stop loss, the loss possibility is 2%. Note: Above idea is for educational purpose only.
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by moon333