RLC is hitting Bitfinex today. This will allow significantly more volume to enter into the market. There should be a significant pump that brings us to our "D" point. After that, I expect a sell off and brief market cool down bringing us to our "E" point. I'm a fan of "E" for entry. In my opinion, this has potential to follow what $SNT (Status Network Token) did a...
I think there's possibly a really nice break out play if a candle closes above 2611 sats.
Sorry guys, didn't have time to update my SNTBTC analysis until now. Also, I wasn't sure when SNTBTC was going to come back after the BTCUSD correction. Anyway here we go: SNTBTC isforming a C&H on the 1H and 4H charts and thus this scenario looks very great. Even though its a bit late ; I think its still worth it to get in the buy zone and ride this cup to the...
Status Network Token (SNT) Analysis - This coin is trending downward. The price reached a top on the perfect 9 count on the TD Sequential indicator. - You can see a triangle formation on the chart, which means that consolidation is happening and a breakout will happen soon after but, if you look at the indicators they are all overloaded or trending down. - This...
Really fascinating project, however, it does look like the buy volume is low. Our MACD has a bear signal and RSI may be approaching an overbought pattern. We are currently testing our support line so there may be a potential for a discount on SNT!
Do we have a correct symmetrical triangle pattern? Could this be our next target? As usual I'm not telling you to follow me on this idea, I am just posting this idea to get constructive feedback on my learning path. Thank you and good luck on your journey.
It looks like SMT has had a long enough interval to consolidate. It looks like a cup formation might be occurring now with a breakout looming on the horizon. Thoughts?
Status ( BITFINEX:SNTUSD ) is an open-source messaging platform and it looks like it is doing pretty good especially December was a nice month for it. It had consolidation period where it dropped to 0.30 and now it looks like it is preparing for another run up. Entry would be 0.47-0.50 Targets would be $0.72 - $1.25
The platform is a light client for Ethereum, which acts as a messenger, browser and gateway. The current TA could look good. Targets 0.5 > 0.75 > 1 USD Let's see what happens. Happy trading. :-)
SNTBTC looks like its making a C&H formation ; this is an attempt to forecast SNT's price using a combination of Elliot Waves, C&H pattern, and fibonacci retracements .
After the initial up move from status, followed by some healthy consolidation, status is looking primed. Bollinger bands squeezing, indicating a move in either direction is due. Currently sitting on cloud support, as well as the 50% fib retracement of the entire move. Adding to that, the stochastic RSI is at the bottom for most of the mid to high timeframes,...
I have been watching SNTBTC for the past 3 days. Previously, it looked as though the correction from the 4600 area was the final correction before the fifth wave in a simple impulse wave. It broke that trend when it began moving sideways. This dip to the 2800 area is a perfect buy signal before volume picks back up. Additionally the chart is teetering along that 4...
With a correction retracing 62% I think the correction is over. The uptrend will probably resume.
Currently SNT is pretty undervalued for that it got a working Alpha and getting closer and closer to the open Beta. It got a lot of potential with the first mobile application/messenger which enables the connection between ethereum blockchain and real world usage with DApp support. Currently the SNT's Marketcap is at 1.566 Mrd. (@0.451) and gonna push higher...
Hey guys, SNT has been consolidating and is starting to enter the squeeze. On the 4H chart you can see that MACD is starting to create a minor curve up, also RSI is currently in the mid 50% with the tip currently pointing upward. This might be a possible 20% profit chance as the volume history for the 3725+ might act as a magnet for buyers.
SNT buy here @3300 Fir possible tgts @ 3700/4300/4600++
evolving mindmap - charting notes