The price has been ranging widely, coming back to its pre-pandemic trend.
The price is coming very closely to two different important "pullback up" line.
Probability of nice entry for a long direction trade.
In the flip side, if it breaks down those two lines further, there is a risk to see the price approaching the horizontal black line.
For the moment, the...
SAM HAS MADE AN ABC CORRECTION IN BETWEEN APRIL 2019 AND SEP 2019
@3.9000 PRICE HAS TESTED SEVERAL TIMES FORMING A HEAD AND SHOULDER PATTERN
PRICE HAS BROKEN THE 3.3855 INDICATING A FURTHER DECLINE WITH PROJECTION TARGET:
@ 3.0605 1.618% FIBONACCI EXTENSION WHERE PRICE WILL ENCOUNTER JUN 2016 LOW @ 3.0980 AT THIS POINT PRICE COULD GIVE A POSITIVE REACTION...
The bank like the industry as a whole is on a long term bearish trend since the pre subprime mortgage crisis in 2007. On the 1W chart we see a clear bearish curve (RSI = 42.379, MACD = -0.083, ADX = 31.053, Highs/Lows = -0.0432) with Lower Highs and 3.1000 as the Support.
Since 2009, once the price crosses the 1W MA200 (orange line) SAN becomes a long term Sell...
Banco Santander looking like an interesting setup for a long term trade. It has broken the downtrend and it has broken horizontal resistance. Full disclosure I have been long since 3.80. I may add to my position if it holds support at 4.22
In order for the SUN to start to grow as the ETP needs to break through the black trend line and strong price zone 1.15-1.20. This is the key zone for this coin. In the history it is visible, what were the volumes when this zone was punched by buyers or sellers. Looking at the current volumes, it is more likely that the SAN will break the triangle down and...
SAN touched this weekend the minimum since November 25 at $ 0.7157 bouncing there while its winning 0.82% in the last 24H. The price now is trading at $ 0.7932 while the technical indicators show a strong buy as well as the Moving Averages.
Chart says it all. The structure is quite similar to IOTUSD. Expecting price to unfold in a three wave correction, completing wave 2 at around 1.75-1.50. From this level on, I'll look for a potential buy targeting $4.30 as TP1 and $5.40 as TP2.
Double H&S formation after a bull. Indicators confirm.
it could break 1.38 down (0.618 FB). A huge correction is expected. On the day chart: a) It has been raising outside BB for the past 4 days, b) RSI overbought and sell c) MACD sell d) ichimoku DOWN!!!!!!!!! anyway I just read the chart and I am probably wrong !!!!. At least I have put my money!!! I am...
Forecast Santiment Network Token (SAN)
A crypto market research platform and a trading terminal that distinguish the mood of traders, helping to make the right decisions to traders.
She announced her existence on November 17 and since then has been actively growing in a geometric progression !!!
On November 17 , the value of the token was only 25 cents ,...
We already published ideas proposing to long Santiment (SAN) some days ago. If you entered the train when the price was at 1.27 (blue line, when we published our last idea), you are winning about 55% of your investment.
The uptrend from November 17 seems logarithmic, that's why we transformed the chart to show this. The day volume is constantly rising and this...
After a 4 days correction, SAN finally seems following the upper green line, confirming the new -ascending- support level.
I repeat once more that SAN (Santiment) is a coin with a probable good potential. It is cheap and seems probable undervalued.