#SDNUSD - Layers of TP on the way downAfter a mega 43% profit on a recent long trade from Crypto Tipster v2 we've now received a Sell signal from CTv2 with #SDN.
Price is currently sat on a level of SR which may indicate a little upward move before the descent through several layers of SR begins, there will be multiple levels and layers to take profit with this one, it depends on your own level of RR!
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theCrypster
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SDN
SDNUSDTsee and watch :)
Based on the evidence shown by price movements and the RSI indicator, this range is probably the price floor and is ready to grow from this range ...
Good and Bad scenarios for SDNThere is great selling pressure on Shiden.
My last idea is failed, so i'm not so optimistic anymore and have 2 possible ways for this coin.
Good (green) scenario means that SDN have ended ABC correction with -80% price drop.
Bad (red) scenario means that we ended only wave A, so its likely to expect small corrective wave B and than strong C, which push price to -90-95% from ATH.
Ending of triple Zigzag on Shiden?Well, now we have long and sharp correction from 8$ level looking like triple zigzag.
If wave C will be equal to A in wave Z we can predict bottom at 2.590$, but it could be higher or lower.
This is fresh new coin, so we can't see support levels below 3$, which made it very hard to predict.
Even if my count is wrong (not triple zigzag, but wave A for example), Shiden should take level of 6$ in near future (maybe it will be only correction in downtrend or new uptrend movement).
But if Shiden will pump, we could see impressive high (on Kraken chart we can see level in 50$).
Shiden network. Polkadot parachain candidate (SDN/USDT)Polkadot parachain acutions starting on the 11th of November should be a catalyst for upside in the whole Polkadot ecosystem
DOT and KSM tokens have been in a run the last couple of days
I would expect parachain candidates to follow soon
Shiden network is the Kusama project for Astar, one of the parachain candidates
Here are my views on the chart
Longing SDN/USDTEver since Shiden Network (SDN) came out the token had a brief moment of upwards movement, only to fall into a bearish pump and dump pattern.
At the moment the coin is down 22% from its initial release price and over 50% from ATH (7.75$) during a very strong bull market, making this coin a strong buy.
Crypto.com's Supercharger event + listing has given SDN some exposure, the events allows it's users to farm up and coming coins with the platforms own utility token CRO.
the event will last 6 days and currently there's less than 5 days remaining. Hopefully it will gain the traction that they wanted.
SDNUSDTsee and watch :)
In 4 hours, the trendline is broken and will probably increase to the specified limits ...
SDNUSDT Target $15Current Cap $308,275,143
Current Price $5.36
Target Cap $900,000,000
Target Price $15 - $20
Timeline unknown.
Fan base Growth is 47%/month - Data source cryptologi.st
Investors: Binance
Not listed on Binance and many major exchanges yet.
Type: smart contract blockchain with an incentive for developers to get paid on deployed contracts and extremely undervalued as it is new compare to similar projects.
sdn usdt 4 h you can enter after break the green tend or enter at 2 or 3 step and put your stop at 4.6