alanmasters

Status Prints Multiple Bullish Signals | 77%+

Long
BINANCE:SNTBTC   Status / Bitcoin
Status ( SNTBTC ) printed multiple bullish signals and is now starting to grow... Let's take a quick look at those.

Status ( SNTBTC ) Bullish Signals
  • First we have the classic break of EMA10 and EMA50 (yellow line), our main indicators for bullish / bearish potential.

  • We can notice a bullish divergence between SNTBTC price and the MACD (marked with a purple line).

  • Bull volume increasing.

  • Reversal candlestick printed (marked with yellow circle).

  • Strong RSI (above 50).

These signals are telling me that SNTBTC can easily move higher... The magenta dashed lines on the chart are the targets for this move.

If prices move lower, support can/will be found on the dashed blue lines.

Thanks a lot for reading.

This is Alan Masters.

Namaste.
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Comments

thank you so much.it is very useful for learning as well since you've also highlighted technical things in the chart.
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Thanks Master
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