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WBM_Team
Nov 21, 2018 3:04 PM

SNT – Status – lowest level since Dec 2017 – buy opportunity 

Status Network Token / BitcoinBittrex

Description

Hi Guys!
Let’s earn some money here.
SNT has plunged significantly but it seems it is bouncing back.
The price is very low, actually at the lowest level since December 2017.
This might be a good opportunity to earn a couple of dollars.

Here are technical analysis details:
• The lowest level since Dec 2017
• Far below (15%) fair price (it is called a point of control – the price with the highest volume - marked as a red straight line)
• Value Area – 25% below the top of the Value Area (70% of the trades made)
• Weis Volume Waves - decreasing supply and increasing demand
• MACD – bullish cross about to happen
• Ichimoku Cloud - wait till the price chart crosses TenkanSen (red) with a couple of bars.


So this might be a short-term opportunity to earn 15 – 25%.
Do you agree?
Please do comment in the section below.

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WBM Team

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