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)
SNTUSD
SNTUSD: Good Buy Zone. Target 0.74Today I see the end of extended correction ( ABCDE ) of SNTUSD -4.77% -5.08% and its formed big ascending triangle
So first target is 0.74
There are 2 ways of prediction which contains 2 wave III 0.69% 0.69% and 2 wave IV.
Targets are build with fib levels, so I think at now we at the end of wave 2
Sneaky Blinders! SNT uptrend cant stoppableBTC cant break major resistance and SNTBTC will going up and up till forever?! :)
SNTUSD - Great long term hold, but currently overboughtBased on the current surge, current RSI which is very high and the pattern which you can observe (increase/decrease wave + length of the wave) I am selling my SNT in order to buy more if it drops.
This is my first chart.
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.
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 Network (SNT) Fractal BreakoutThis is the most beautiful 4x fractal I've seen in a while if it continues to play out. This is why I love crypto.
