Status Network Token, also a coin with an huge increase back in the days, when it first came on the exchanges.
It seems like the retracement of SNT is finally over and we're turning it upwards. MACD finally turned positive on the Daily as well, which is a good thing. In that case we might be making a cup coming months, which we can see with some other coins as...
It looks like SNT is in a bull pennant (with another one inside which may cause breakout sooner than expected). Also great news on SNT's twitter (twitter.com)
Its been a fun run with BITTREX:SNTBTC but the consolidation has been trying for some especially when other altcoins are suddenly rallying. It is unclear where SNT want to go as volume has been declining since the initial rally. Despite this, it is possible that that the real rally has just begun with the new of SNT joining the Enterprise Ethereum Alliance...
We reach our 80% profit at 2 weeks, congrats.
SNT try to break bullish confirmation, if 717 break up, new 68% profit target at 1190.
if it failed to break 717, wait at 405 to buy again.
Good luck
SNT woke up and is pumping hard, some news yesterday that sounded good as well. It broke out of the trangle and is on route for the green target in chart, leg 3 up. not sure if it make another leg up after that we will have to see at that time.
for now, hold on to your hats, its moon time!
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SNT has a bullish moving average cross incoming (on a lower time frame) and may retest previous nhigh of ~450. Support at the 380 level has been very good (omitting the drop after BTC breakout). This move may take a few days to pan out because of the current major crypto current bullish run (DASH, ETH, BTC, LTC) so patience is key
Entry: 380-400
TP1: 420
TP2:...
Status Network Token has been forming a pennant and is nearing the point at which it will decide whether to rise or fall. There was a pennant which SNT broke out of earlier to reach current levels so its hard to tell if theres enough juice left to carry it further. I believe SNT is still bullish with all the recent positive news but lets wait and see...
Possible...
the presence of a divergence, and also that all the oscillators have done a cross up in the bottom, gives me the reasoning to believe that the price will go up.
Buy 0.00000475
Target 0.00000600 - 0.00000700
Stop-loss 0.00000400
SNTBTC, the very well known high ICO cap coin. We saw a huge downtrend since it was launched on bittrex. Since last few days it is showing that it is in a healthy accumulation and seems like the downside is complete. We might see good upside from this coin if the upper resistance line gets broken.
