SNT/USD Triangle breakout - retest ATHCurrently 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 pretty soon.
SNT currently in consolidation after ATH and the getting very close to breaking out and sitting on the 0.5 Fib-Level and on the 50 EMA - The factor that the open Beta of Status gonna get released in March gonna benefit the price and I suspect following first targets:
T1: 0.739$ (ATH - Marketcap: ~2.5 Mrd)
T2: 0.964$ (Marketcap: ~3.35 Mrd)
SNTBTC
SNT - currently in squeeze, SHORT showing support for uptrend.Hey guys,
SNT has been consolidating and is starting to enter the squeeze.
On the 4H chart you can see that MACD is starting to create a minor curve up, also RSI is currently in the mid 50% with the tip currently pointing upward.
This might be a possible 20% profit chance as the volume history for the 3725+ might act as a magnet for buyers.
SNT: Uptrend ContinuationThis is a simple and basic technique to use when you're new. In this market, you see a lot of similar patterns. Mainly because they're all tied to Bitcoin and have people actively looking for opportunities. People have the same behavior over and over. This is clearly identified on the charts. So, if you want to catch the big run up, find a coin that havent moved much yet. It might be boring waiting for it to run, but when it starts running, you'll be glad you waited. What are your thoughts?
Trade with care.
Update on SNTSNT saw a huge break out of the channel from the top and bottom where both rejected, based on the volume and the bias observed based on closing candles lead me to believe we might experience a bull run, at least to test the resistance above. It is not uncommon for these cryptos to breakout 100% so just be patient and wait for volume to come!
SNTBTC on huge potential, possible 700% returnBITTREX:SNTBTC is on bottom and shows excellent strength.
Triangle breakout is the first sign.
MACD & RSI shows good strength.
We would be trading a Triangle upside breakout pattern. 7x trade opportunity.
Buy at 475-525,
Targets are
T1 : 700
T2 : 1000
T3 : 1300
T4 : 1700
T5 : 2000
T6 : 2300
T7 : 3100 (All time high) and much more.
Stop loss :
Sl is based on your risk appetite. I would suggest below 400.
I will post another larger pic chart to support the idea.
Status Networt Token (SNT) - (Up to 950%+ Earnings Potential)About the title: Some people ask about the % I put there; this is a "potential", and it will be reached eventually, it is just that it takes a long time.
SNT, after falling for months, found support around the 300 satoshis level.
Now, with Bitcoin on the lookout stalking our every moves, keep in mind that this and any other trade can get easily invalidated by a Bitcoin Bull Run, but who cares right?
If that happens, we can think, relax and ADAPT. Change is good. CHANGE IS NORMAL. We are always changing, since the day we are born, to the day we stop being here.
Buy-in: 345 - 550
Stop loss: 279
Targets:
(*) 400 (You can skip this one)
(1) 610
(2) 730
(3) 990
(4) 1247
Please use a range to sell, 5-10% above and below these target lines.
The rest will be added later.
Indicators:
- Small breakout, sign that the coin is looking for action.
- MACD almost crossing over, plenty of room for growth, and the point right before the action starts.
- STOCH hovering on the floor, and suddenly waking up.
- RSI is in the bearish side, but he knows how to come around.
- EMA30 also gives a bull signal, as well as the count on our candles.
This morning, the sun was out very early, so I went out to show my respect.
I felt this beautiful energy, telling me that everything, will be ok.
So I took on his words, and stay for a longer bit.
Then came back to my computer, to share with you what I see.
And what I see is this...
Doesn't matter what happens tomorrow.
It doesn't matter, because we don't care.
Doesn't matter what happened in the past.
Is the present moment, for what we really have to care.
So don't worry about what happened in the past, if you did good or did bad.
And don't' worry about the future, because everything that you want will come to pass.
So before I click "publish" and share with you this trade,
let me remind you something, YOU DESERVE THE BEST!
Namaste.
SNT 1D Timeframe 5 December 2017Status 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 well (for example BAT).
Will keep an eye on this one as well and update it on a weekly basis.
SNT: Cup and Handle or Descending TriangleIts 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 (EEA). Or perhaps the rally was early positioning in order to sell the news. Watch the triangle for a breakout if looking for entry or breakdown if looking for exist. Considering that SNT just bounced off the 100MA on the 1hr it is likely to be a breakout but only patience will reveal the answer. I'm still long with a protective stop @ 0.00000585 (Banking on that hidden bullish divergence). Play it safe.