#SNGLS/BTC TA Update:-
#SNGLS/BTC currently trading at 38 Satoshi
Now Head & Shoulder pattern is working on LTF
BTW this is not good because Head & Shoulder pattern is on Top.
But still I am buying here some #SNGLS/BTC with tight stop Loss.
Entry:- 34-39 Satoshi
Targets:- 55/65/79/105 Satoshi
Stop Loss:- Wait for 6 hours candle close if closed below 32...
💎Technical Analysis Summary💎
BINANCE: SNGLSBTC
-SingularDTV is retesting major support area at 56s sat
-This area has been tested 3 times and we saw strong bounce up
-Will history repeats itself? or this price will break down lower?
-I can't tell what will happen but to reduce the trading involve
-My advice is to wait for proper reversal confirmation or...
SNGLS/BTC
-During the strong breakout of Bitcoin recently
-Most Altcoins pulled back to their previous support areas
-While this coin, the price went back inside the descending triangle
-If currently level will not hold, it is likely to retest key support at 73 sat
-Before potentially try to challenge the descending trendline at around 90 sat range
-Trading...
SNGLS/BTC
-currently, the uptrend has paused
-painting a bearish descending triangle
-after multiple retests of support at 130-125s area
-if this support will fail today or on the 4th retest
-the downside target is between 103-93s
-but if the price can climb back to trendline resistance
-and break higher, the upside target is the recent top
SNGLS/BTC
SNGLS is starting to make a bullish move as the price bounces off the key support at 69 sats.
If this is the potential bottom, we could expect the price to go higher up to 110 sats and have our stop-loss below sats.
