PNTUSDT Hammer Signal

١ نوفمبر ٢٠٢٠

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.