We already have an active trade in profits for this one, you can find it here (we are looking at 35%+ profits already):
But I wanted to do a quick analysis on this chart for you, as there is lots of room left available for growth, so here are the signals:
- We can see a recent break above EMA10, EMA50, and EMA100, which is really supported by big .
- We can clearly see an increase in green , a significant increase. This is really and supports the recent break above resistance.
Last time SNTBTC broke above resistance without good supporting it (marked blue circle), it quickly fell back down.
- So we have the high breakout and a follow up with the next day candle which is green.
- The is entering the zone, and the is strong and trading above all resistance.
Status Network Token is set up to generate some good gains in the coming weeks, but things can change...
Conditions for change: If SNTBTC loses momentums, breaks down and closes below support (EMA10, 50 and EMA100), then the above signals are invalidated and a new analysis is needed.
SNTBTC is now and additional action is expected.
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Thanks a lot for reading.