ForgeTrades

SingularDTV (SNGLS) HUGE POTENTIAL!

Long
BINANCE:SNGLSBTC   SingularDTV / Bitcoin
Here is a coin we have not heard much from for a long time but is starting to show some movement and could be interesting in the near future.

A major resistance level has formed and before this coin can go on a bull run it will need to flip this resistance to support.

-On the daily chart we can see price is still trending under the 100 and 200 EMAs, however volume is increasing and the price is already up over 100% from the lows.
-We saw a large spike up into the resistance at the end of January and the price has continued to climb.
-The price has tested the 100 EMA once, and is now going back for a second try.

HIGH RISK IDEA
-Start accumulating now, stops below the low.

SAFER IDEA
-Wait for price to flip the major resistance level to support, then scale in with stops below the support level .

It’s tempting to jump in now, but zoom out and see just how far this coin has room to run. There is no rush!

Your risk, your reward. This is not financial advice.
Happy trading.
Trade active: Trade going well. Price has increased 108% since posting the original idea.

Comments

I agree... this is huge opportunity 💰
Reply
@patriq8, Can't wait for it to start running. May not have to wait too long either.
+1 Reply
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