Skyrex

PNTUSDT Hammer Signal

Long
BINANCE:PNTUSDT   None
Technical analysis with the our new Automatic Hammer Strategy revealed the trend reverse in PNTUSDT price.

There was a price reduction during last 4 hours, but some indicators demonstrates that this is a fake and now the coin is oversold. The Aroon shows the end of the downtrend: the aroon-down became less, while the aroon-up increased. But the most strong confirmation of the trend reverse is the Accumulation/Distribution Indicator growth with the simultaneous price drop.

We expect the 4.5% price growth from 0.3861to 0.4034. The alert was automatically executed by SkyRock Signals trading bot.


Skyrex.io is an AI-powered platform designed to make professional-level trading effortless and accessible for everyone

Access free SmartTrade terminal and automated AI bot at app.skyrex.io
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.