Santiment will go much higher than 8 USD over the next 2 months or so. Ideal Wyckoff accumulation and Eliott Wave 4. Target: MOON.
BITFINEX:SANUSD BITFINEX:SANUSDLONGS BITFINEX:SANUSDSHORTS
SANUSD 2.5$ is real here I think we have a corrective wave after a long pullback the minimum goal of $ 2.5 I think we will reach it in the next two days
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?
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...
SAN has broken the descending line and then followed it until 21.00 (utc+1). At this time the price has begun to rise. I waited one more candle (4h) for confirmation and stepped in. next aim: old ATH at 6.91$ - if trend stays positive then it is possible to continue to fib retracement at 161.8% stop at 5.52$
the next Resistance. In my Point of View SANUSD formed a nice reverse H&S, the measured target is 6.6USD. Take care and happy trading!
I tried to put the information into the graphic. If SAN can break out the ascending triangle and also cross the fib retracement, then it could rise further. Stop: on or below the last fib retracement
SAN has tried to break through the resistance at old ATH several times and failed. In dayly candles one can see an ascending triangle, what is a bullish technical sign. SAN has left the positive trend channel- so the long term trend is broken. bearish: SAN breaks through the lower line of the ascending triangle; next support would be the fib retracement...
if SAN stays in the trend channel then it should soon have another rush to higher highs. But if SAN leaves the channel the trend is broken!
If SAN breaks through the resistance (ATH) then it can rise further on to newer highs with accelariting speed. Otherwise two other directions are possible as mentioned. a) Break through support at 3.56$ - caution!; if price also falls under support at fib level 100 (3.44$) the short trend is broken b) the price also can stay in a sidewards direction, within the...
SAN is temporarely overbought. Descending triangle is a bearish pattern. MACD negative divergence. RSI neutral but falling. If the price breaks out of the triangle (upwards) it is expected to rise further. If it crosses the lower line and the next fibonacci retracement it is expected to make a correction. Stop: near fib level 100 at 3.44$ (I recommend to place...
Santiment just broke out his bullish flag. Next target is 5.50usd.
SAN has broken out of the descending triangle. With a strong movement it has also broken the resistance at fib retracement 100% (3.44$). It is now in a consolidation phase. If it breaks through the red line I see chances up to the next fib retracement 161.8% (5.41$). Stop at fib 100 (3.44$). MACD: positiv - but turning! RSI: not strong (now 64 but falling);...