SNTBTC , weekly update:Total profit 2550 in 20 days.!STATUS NETWORK TOKEN/BITCOIN
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested support zone (0.0000103 to 0.0000070), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000103)
Ending of entry zone (0.0000070)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 8 BUY trade(s) @ 0.00001140(day close price) based on the reversal candle (2-Day Hammer ) at 03.27.2018.
Total Profit: 2550
Closed trade(s): 600 Profit
Open trade(s): 1950 Profit
Closed Profit:
TP1 @ 0.0000126 touched at 03.31.2018 with 120 Profit.
TP2 @ 0.0000160 touched at 04.03.2018 with 460 Profit.
140 + 460 = 600
Open Profit:
Profit for one trade is 0.00001465(current price) -0.00001140(open price) = 325
6 trade(s) still open, therefore total profit for open trade(s) is 325 x 6 = 1950
All SLs moved to Break-even point.
Take Profits:
TP3= @ 0.0000179
TP4= @ 0.0000237
TP5= @ 0.0000319
TP6= @ 0.0000374
TP7= @ 0.0000480
TP8= Free
Technical analysis:
Status Network Token / Bitcoin is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 59.
SNTBTC
SNTBTC Cup&HandleAfter impulse growth price was consolidating and formed a cup and handle pattern. Currently indicators are positive, the price touched Ichi cloud while it forms strong support zone and at the same moment Stoch RSI is in oversold state. Volume trend line increases. We recommend this coin for the mid term
I have no idea what status do, but the chart says it all.Disclaimer
***THIS IS NOT AN ADVICE, I AM NOT YOUR FINANCIAL ADVISER***
I just sold my ETH but I do not think that this bull run on alts is done. I came across with SNTBTC and shockingly found two bullish patterns showing up at the same time.
I am betting 1BTC on it.
Disclaimer
***THIS IS NOT AN ADVICE, I AM NOT YOUR FINANCIAL ADVISER***
SNT/BTC; Let's double your money?Please be advised that this is only an idea, so you are responsible for any losses yourself.
Dear followers,
First of all, don't forget to follow and like my ideas. Don't hesistate to ask me questions or to post your chart below. I like to discuss charts in a normal way. :) Besides that, I also give updates and trading ideas on Twitter.
I just bought some Status, I'll buy more after breaking resistance levels: dotted line, resistance (1). Bitcoin is quite calm at the moment, but if BTC will drop heavily again, I might close this position (earlier). I still have short positions in BTC as mentioned in previous ideas.
Status is in a downtrend since it's all time high. What we see now are excelent circumstances to find higer levels again. Since the beginning of this year, Status is trading on very low volume. Last week, suddenly we saw a sharp increase of volume. It's often a sign buyers come back. The price failed to break out it's triangle the first attempt, but the volume is still high. I expect a break of the resistance level soon. The dotted line is our first resistance. After this, the blue resistance line is second. A break of this resistance will trigger buyers and the 50ma is the first target then. The RSI gives plenty of room to skyrocket towards the first fibbo level. This will be my final target.
Buy: Now or when we close with a candle above resistance.
Profit targets:
Target 1: 0.0000149
Target 2: 50ma
Target 3: 0.0000231
SL: Below support (2)
In summary: We have a lot of signs Status is ready for it's next big move and the circumstances are excelent!
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome!
SNT on the UPLooks like SNT is finally making a move upwards. sell area is around 2000 and this is a very conservative view.
SNTBTC ShortHi all,
We are still on a bull trend, I even think that we could reach the first target today , and very probably in the 3 coming days.
Target 1 @ 0.00001495 BTC
Target 2 @ 0.0000159 BTC
I'm a biginner at TA, and there is no certainty in this analysis.
SNT, mobile browser for Ethereum apps sounds promising?Coin of the day is Status.
Status (SNT) is mobile OS for the ETH network.
Designed as a decentralized browser and private messenger, Status allows you to connect to the Ethereum network.
Status provides you access to the Ethereum decentralized applications (dapps) through an app on your smartphone. For now available only alfa versions of Android and iOS clients.
The idea of a mobile client for the evolving market of decentralized applications sounds promising and has potential in the future. The main risk factors will be the possible problems of the Status team and the adoption of Ethereum in the world.
The development team has been working on the project since the first quarter of 2016. Soon enough, the first public alpha for iOS and Android was released. Status’s Contribution Period began June 20th, 2017.
When SNT first began listed on exchanges in July 2017, it began trading for roughly for $0.05 (0.0000086 BTC). For the next five months, SNT performed poorly as its average price stuttered in the $0.03 to $0.04 range. Starting an impressive bull run in early December 2017, SNT quickly skyrocketed all the way to an all-time high at 65 cents (0.000046 BTC). Since the new year, the price of SNT has consistently dropped as most of the cryptomarket has fluttered downward.
Technical view:
Now SNTBTC is in a deep correction to its peak at 0.000046 (2018.01.03); but since 2018.03.18 the coin started to show bottoming patterns, accompanied by rising volumes. Now the SNTBTC pair drew the uptrend bias starting from the 0.000011 price. From the upside, Status has a 0.000015 - 0.000016 resistance zone strengthened by the 50-days EMA. In case of a breakthrough of this resistance, next target will be the last of the Bearish Trend Lines, which indicates downward tendency. Hence, if the coin will cross the 50-days EMA resistance and Bearish Trend Line next, that will be a buying signal. From the downside, SNT has 0.000013 minor support, Bullish Trend Line, and 0.000011 level. As long as the price holds above these levels traders will look for the bottoming patterns; breakthrough below will send the coin further down.
SNT - The Status for Status is ClearHello everyone. In this 3 month long bear market, every single coin out there had retraced to 0.785 fib level which is considered to be a full correction and later bounced off. SNT is one of the few coins out there that haven't bounced off yet from the 0.786 fib level making it a great coin to get in as chasing pumps in a bear market is highly dangerous.
We also see that ABC corrective wave is almost complete, SNT bouncing off 0.786 fib level twice which shows a strong support there. We're currently awaiting for Wave 1 to begin which should be soon as SNT had tested 0.786 support multiple times and bounced off slightly above it.
SNT huge potentialSNT looks undervalued and getting ready to show a huge jump.
Yellow area means a buy-zone. It is already dipped and don't have much way to go down.
Expect a x10 like 0.20$ -> 2.00$ in a few months.
Please report if there are errors / mistakes i've made.
SNTBTC - ICHIMOKU CLOUD BULLISHSNT Looks like a great short term entry for SNTBTC pair. You can take profit at either Ichimoku cloud resistance or according to FIB. If it break out the resistance then we will be touching previous highs.
1. RSI on uptrend - Bullish
2. Ichimoku Cloud - Bullish
3. Volume Increasing - Green Candles
just grabbed couple thousand of them coz i am very positive about this trade. Please hit "LIKE" to support my idea.
Thanks!
Basics of ICHIMOKU :
There are five calculations used to generate the Ichimoku Cloud:
Tenkan-sen = (9-day high + 9-day low) / 2
Kijun-sen = (26-day high + 26-day low) / 2
Senkou Span A = (Tenkan-sen + Kijun-sen) / 2
Senkou Span B = (52-day high + 52-day low) / 2
Chikou Span = Close plotted 26-days in the past.
Read more: Ichimoku Cloud www.investopedia.com
SNTBTC - RISKY TRADING IN THIS BTC SITUATION SO KEEP SL TIGHTHello fellow traders. This is my view about SNTBTC right now in Binance market, very risky taking advantage when BTC is still finding good support. But, all crypto trading is high risk high gain. SNT is still making a bull flag when BTC is down from $10700 to $8800. Could be a good movement for this coin. If it hit stop loss, just sell and move out from this TA. Thanks for reading.
Buy range: 0.000015 - 0.0000155 BTC
Target: 0.00002 - 0.00003 BTC
SL: 0.0000135 BTC
SNT/BTC //// STILL HAS A SECOND LEG TO COME ////Lets take a look at Status Network Token.
SNT has been rallying now for a couple of days and its not over. We don't see much movement and because of this many traders have been selling SNT (bad move). I won't be selling SNT until we see the second leg up, we will get a second leg.
You will see if we were going to see a big price drop the RSI would be trading a lot lower then its current position.
We have the 200 ema sitting just below the current price on the hourly chart which is another strong indication of a bull movement and to second that this will provide good support.
We are currently in consolidation and expect to see a break the longer a coin consolidates means the bigger the break we will see.
This is a good time to open a position or if holding SNT I would suggest to stay around for the second leg.