Shwayze

SANUSD - BREAKOUT, cup pattern, could hit .6

Long
Shwayze Updated   
BITFINEX:SANUSD   None
A very large cup formation from SAN/USD, which recently broke out above the moving averages and is on the rise. We could see this rise upwards of .45 - .6 in the next couple days. Keep your eye on this one.
Comment:
Today, Bitfinex announced "“Pursuant to the recent report of investigation issued by the U.S. Securities and Exchange Commission,” and “Bitfinex is taking the proactive step of barring U.S. customers from trading certain digital tokens that may be deemed securities in the eyes of the SEC.” Currently, tokens active on the exchange subject to this restriction are EOS and Santiment (SAN)."

Price took a drop as a massive sell off occurred.

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