Status Report! SNT Long
Daily
Looking at our trend timeframe we an see price has hit our major resistance @ 0.00001800. Higher High and Higher Low structure is being respected. A daily close above 0.00001800 activates the daly trade. Stochastic RSI showing momentum is looking bearish.
4Hour
Shifting over to our pattern timeframe we can see price is attempting to form it’s Higher Low @ 0.00001500 zone. Stochastic RSI showing momentum is bullish. A 4hour close above 0.00001500 activates our trade.
Hourly
Lastly shifting over to our trigger timeframe we can see a minor resistance @ 0.00001570 Wammie Double bottom formed, an hour close above this level activates our trade, Stochastic RSI showing momentum is bullish on smaller timeframes.
Conclusion
Buy after break and close on the 4hour above 0.00001500 or hourly close above 0.00001570
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