I love this one. IMO top 3 erc token. Went down %90, time to buy!
On the 29th of May Status has found the support at 88.6% Fibonacci retracement, that is $0.087 level. The following wave up resulted in a break above two descending channels and reaching the high at $0.1. The corrective wave down followed and SNT/USD yet again fond the support, this time at the 76.4% Fibs, that is $0.091. The strong support area has been formed...
Technical analysis: STATUS NETWORK TOKEN/DOLLAR is in a down trend and Beginning of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 33. Trading suggestion: *The price is in a down trend, but we forecast the uptrend would begin. *There is possibility of temporary retracement to suggested...
SNT is still retracing. and it wil go lower! because BTC will go down the coming days. This gives us even a better buying opportunity than the 88% Retracement level. The Fib extension tool indicates 650% potential for SNT Ride the waves to the moon with me !
This is not trading advice. Target $0.6 My last idea yesterday about this got blocked because I apparently broke the housing rules. So I post this again.
Once we break out of this wedge, the next fib extension levels are monsters - $1.00 is the first stop which i expect to hit mid MArch or so - representing a 5x return from today's spot price (Feb 7). Some lofty expections i know... only in crypto :)
We'll say goodbye to Telegram when it comes to discuss Crypto. And It's sooner than we think.
Status Network TOken - the chart looks solid. Look closely at the fib extension levels being respected on previous rallies... no reason not to target them again once the downward trend- line gets broken. Also, every correction in the past has retraced to the 23.6 fib level, exactly the same retracement we are currently at. This is the textbook buy low set - up...
this chart is compliting 4 wave of eliot and its near that start 5wave ... its good for status ...
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. :-)
Good buying opportunity on the STATUS NETWORK TOKEN. GOOD LUCK
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...
Based on the current surge, current RSI which is very high and the pattern which you can observe (increase/decrease wave + length of the wave) I am selling my SNT in order to buy more if it drops. This is my first chart.
SNT - newly listed on Bitfinex - is gaining strength & looks like it's ready to start testing resistance levels. This is a good time to accumulate for an upcoming pump. New Bitfinex coins tend to do this & this shouldn't be any different unless Bitcoin really starts having some problems. For now, all systems go.
Hi everyone, Price has broken out and retested previous resistance (Green zone). We now have a good breakout-setup, where the market can reach the D-leg of a (possible) AB=CD pattern. Most likely, there will be some profit taking at those levels, before the market moves to the 1.618-extension of the AB=CD-structure. We might see another drop to the Green-zone,...