MarkStPeter

SNT -- Follow-up to last Post -- Coinbase's next listing?

Long
BITTREX:SNTUSD   Status Network Token / US Dollar (calculated by TradingView)
Hello TRaders,

So SNT took off a little sooner than I had anticipated.

No co0mplaints on my side but if you did miss getting into this trade setup, you may get a second chance if we get a weekend pullback.

The weekends have been consistently showing a drop in the overall market, except for a few pump and dump communities. But that's gambling, not trading.

Anyways, I've noticed about one weekend out of every month seems to perform well, while the other three weekends drag the prices down or move sideways.

The current "daily chart" pattern is showing the 5th wave, which could possibly be a setup for an ABC correction wave. Depending on this playing out, I'll be setting my buy orders for around $.17-$.19.

My personal opinion is that the next cycle we have will be a focus on content and media creation involving the crypto world. SNT fits perfectly in this category and has been around for a long time. It may just be it's time to finally catch up with the rest of the parabolic market. Also, I could see this project being listed on Coinbase, it has the feel of a project that would be listed on their platform and it has enough history for it to be a safer project which Coinbase seems to gravitate towards. ( This is simply speculation with zero accounts of this actually happening.).

You can take a look at my previous post here:
Let's finish this week strong.

Good luck!
Trade active: Dipped into buy zone.

Comments

Where we at here, mate? Would appreciate an update if you have some time, will drop a follow. Cheers
Reply
MarkStPeter anonnn1324
@anonnn1324, Looks like we broke back up above that bottom trendline and it seems to be holding well.
Reply
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