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++
follow chart and buy breaktout channel or buy in deep like fibo 50-61,8 resistance
BTC cant break major resistance and SNTBTC will going up and up till forever?! :)
A flag pattern occured in SNT with a target of 2961 in short time period. It must stay above 2024 for this target. Some resistance and support points are marked on the graph. MAde this upward movement with a good volume.
This is a simple and basic technique to use when you're new. In this market, you see a lot of similar patterns. Mainly because they're all tied to Bitcoin and have people actively looking for opportunities. People have the same behavior over and over. This is clearly identified on the charts. So, if you want to catch the big run up, find a coin that havent moved...
Early entry - red. Good entry - blue. Perfect entry - orange. Mid term targets are 800, 1000 and 1800 sats.
SNT saw a huge break out of the channel from the top and bottom where both rejected, based on the volume and the bias observed based on closing candles lead me to believe we might experience a bull run, at least to test the resistance above. It is not uncommon for these cryptos to breakout 100% so just be patient and wait for volume to come!
I was a little off on the first breakout. Updated it to reflect the massive ascending triangle getting ready to close. Can't believe I was blind enough to miss it the first time, but it's still following all trends perfectly. Should be fun to watch it moon.
BITTREX:SNTBTC is on bottom and shows excellent strength. Triangle breakout is the first sign. MACD & RSI shows good strength. We would be trading a Triangle upside breakout pattern. 7x trade opportunity. Buy at 475-525, Targets are T1 : 700 T2 : 1000 T3 : 1300 T4 : 1700 T5 : 2000 T6 : 2300 T7 : 3100 (All time high) and much more. Stop loss : Sl is...
This is the most beautiful 4x fractal I've seen in a while if it continues to play out. This is why I love crypto.
AWESOME MOVE for HODL'ers on $SNTBTC