SANUSD bounces off the 200MA well and forms a very early cup and handle formation. the projected price target is around 2.3 usd and therefore a possible increase in value of around 230% is anticipated.
this is no trading advice, just a simple idea.
Here is an alt coin that is not as popular as some of the other cheap ones, but the chart is very clear and compelling. A chart is a chart, no matter how irrational or ridiculous the fundamentals may be. Compared to alts at similar prices like XRP and IOT, SAN is exhibiting greater relative strength and bullish structure. A retrace to the .39 and/or .28 support...
As you guys will see from my preovious analysis when SAN was at 0.44c we are now awaiting the key market trend moving forwards as to wether to remain long or short on SAN.
Modest traders gave the ETF decision a miss and sold into fiat and few have filled their portfolios to gain the potential upside due to the amount of times these ETFs have been declined.
LONG TERM ANALYSIS
Falling wedge formation in weekly chart.
TD sequential- 9 candles completed.
Breakout chances higher(If volume spikes up keep an eye on it.)
MACD nearing crossing range.
NOTE - FOR EDUCATIONAL PURPOSE.
I was bullish on this an many other just two weeks ago, but BTC seems to have different plans for us. Maybe, just maybe ill be on the wrong side of it but am willing to try some shorts. My plan is to sell the top of this channel hopefully sometime in the next 10hrs, if it starts to break down from it ill take a sell too.
The pitchfork is taken from a trend...
Chart says it all really, if BTC stays bullish we could see this hit the top of this wedge which is roughly 40% gains. Use a safe SL dont be afraid to take a small loss for good gains. Can be played with margin on Bitfinex.
Looking at the daily it is not an out of reach target.
This is the...
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...
Putting the post out with the intention of some ideas. Not sure what happened to this coin it had a heck of a bull run and obviously a serious serious correction. Not aware of any news and there is no rhyme or reason to this chart. Couldn't find any ideas on TV for this. Did San just die in popularity?
In this opportunity we are looking at the Santiment vs USD as price has been in a nice rally basically since November 16, 2017. Price is now in a correction and has pulled back to the Tenkan level. There have been many discussions about traders changing the settings due to various reasons when trading cryptocurrencies, but I am using the default settings for the...
I think we are very close to complete the 5th wave on daily frequency.
The daily chart also signals a negative divergence (chart on the right hand side).
If you check 60 min chart ( the other chart), you will also notice the sub waves of the (macro) 5th wave is almost complete.
This means, the price rally needs a break.
The price can hit between...