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Santosusdtanalysis

Santos +449% after BULL signal 🚀🚀 Retrace imminent?SANTOS pumped 449% (green price range) after the bull Supertrend Ninja - Clean signals (green vertical line on the background). RSI at 95 is heavily overbought. I do not see any bearish divergences forming on the RSI Brown or RSI on the daily chart. Although I expect a retrace to be likely before another run up. It really depends on BTC going sideways instead of going down more. If we take a look at the Average Directional Index ( ADX DI) its still in the bullish zone. Currently SANTOS is way above its Basis Bollinger Band , Band Basis 20 Period SMA . And above the LSMA as well. A healthy retrace first, before another run up to is a possible scenario. But it most likely needs BTC to go sideways for this to happen. Buying here is NOT recommended. Support and resistances are highlighted as grey and light green horizontal blocks. Remember to always take profits and use proper risk management! Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Like To Use: I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
by Kch28
3
# SANTOS/USDT LONG TERM GEM COINWelcome to this quick SANTOS/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Hello members, welcome to our SANTOS/USDT daily update. As we can see in the above mention chart that SANTOS /USDT was trading inside the triangle pattern and broke the upper trend line and bounced right from the Green zone In the current scenario, SANTOS/USDT showing some correction and one again moving down to retest the yellow ma which is working as strong support. If it comes down then it will be the best area to accumulate or buy this gem on spot to hold for the long term like 2 - 3 months. If it moves in the right direction then we will be able to see 80% to 100% potential rally on spot. entry:-CMP $6.030,$6.370 target:-80% to 100% stop-loss:-$5.70 Sorry for my English it is not my native language. Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
1