MarcPMarkets

SAN In Your Plan? Chart Says It Should Be.

BITFINEX:SANUSD   Santiment / Dollar
Here is an alt coin that is not as popular as some of the other cheap ones, but the chart is very clear and compelling. A chart is a chart, no matter how irrational or ridiculous the fundamentals may be. Compared to alts at similar prices like XRP and IOT , SAN is exhibiting greater relative strength and bullish structure. A retrace to the .39 and/or .28 support areas are the location to look for potential position trades as the entire space slowly recovers. .72 would be a reasonable target. We do not own this alt, and we have not called any specific trade ideas for it. This is just to highlight an alt coin that is showing greater technical potential compared to its peers.
Marc Principato, CMT |Author: Analyze Any Financial Market Like The Pros Using Price Action| http://www.Priceactiontraders.net | Cofounder http://www.seekingcryptos.com (S.C.)





Possible Pullback between 0.90-1$.
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looks like it wants higher from here, no pullback, wow!
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It's nice you caught SAN. It's on of the coins in my bucket list which only includes 5 alts totally. I like SAN for one simple reason, they're pragmatic. They provide insights for pretty much everything related to cryptos and promising to sell this API&related data for a simple pricing to end users or integrators, just like Tradingview selling their charting tool to pretty much everyone trading on markets. This gives SAN an edge to monetize their product far earlier than any other crypto dreamer company. I'd highly recommend them. Thank you for sharing your insights on this.
+2 Reply
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