SNTBTC Watch BreakoutRight now SNTBTC is trying to breakout long formed wedge, in case of success we will have confirmation of uptrend and strong signal for higher highs.
SNTBTC formed big cup & handle pattern if you take a look at daily chart and such patterns usually lead to further growth.
Keep your stop-loss under resistance wedge line and I've put short term targets on chart as red dotted lines.
Good luck !
Status
SNTBTC Cup & HandleSo, if you take a loot at SNTBTC daily chart, there is a pretty C&H pattern forming for almost a year. We are still in handle part and you have to watch price action carefully. If bulls will breakout from falling channel, then we can see 320 level and then 450+ levels get conquered. On the other hand, if bulls fail with this attempt, then we will possibly see SNTBTC on lower part of channel which is 220 sats.
In any case, keep your stop loses tight and don't let the market and TA fool you !
Good luck !
Trend Following Strategy on SNTHello Traders,
The price is testing the short term uptrend line and after what seems to be ABC correction
This asset is interesting but with liquidity problems doing a lot of fakeouts.
Until the price is above the short term uptrend line we sill see this asset with a bullish trend.
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SNT/BTC Ready to 100% Profit so now Ready to Fresh entry#SNTBTC Bullish Chart Update:-
#SNT/BTC Looks very good For Fresh Setup.
I am buying here At CMP ( Current Market Price).
I also Posted chart before some days.
So now Perfect entry Zone.
🚨 Strong and Very Big Buy orders.
Support:- 260/230 Satoshi
1st Support is 260 Satoshi which is Now trading at this level so Dont miss this Entry. I am buying here at CMP.
2nd Support is 230 Satoshi so of price go to Down then i will Add more #SNT.
Target 1:- 382 Satoshi ( 45% )
Target 2:- 426 Satoshi ( 62% )
Target 3:- 520 Satoshi ( 98% )
So Guys I can Strongly expect strong bounce back from this Support level.
And You all also Know know Dominance is Stable so we can expect #SNT would be Pump hard soon.
Stop Loss:- If you are short term Trader then Put Stop loss 245 Satoshi for safe side.
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Thank you
Status Uptrend Confirmed/MappedIn this chart we are mapping Status (SNTBTC) newly formed uptrend, it is looking pretty solid.
This altcoin pair can produce sustained long-growth, please keep this in mind.
Also strong on the bounces so the retraces are not long.
This information can be useful if you are actively buying and selling.
This is not financial advice.
Namaste.
Status "V Bottom" Pattern | Signal ExplainedHere we have a "V Bottom" pattern for Status (SNTBTC), this can signal that a low is in and prices can resume or reverse up.
Here you can see prices breaking below MA200 (black line) to form the v bottom, and later moving back above this level.
I also marked the main strong support and resistance levels.
Feel free to hit LIKE for more.
Namaste.
Status bullish fib transitionStatus looking for a bullish fib transition within a rising wedge through the 1.618 fib line
Rising wedge is a bearish pattern but bullish momentum provides an opportunity for those looking for short term
For those looking to long there will likely be a breakdown of the wedge
STATUS 4H UGLY DOUBLE BOTTOM LONG TRADE Step #1: Identify two bottoms where the second bottom is at least 5% higher than the first bottom
The first step is to identify the correct price structure of the ugly double bottom pattern. Basically, we need two bottoms where the second bottom is higher than the first one. In other words, the price needs to make a higher low.
The second bottom also needs to be between 5% and 20% higher than the first bottom. This trading rule will ensure we’re not developing a double bottom pattern. Secondly, it will ensure the downswing leg before forming the second bottom has a proper length.
There is one more critical element that needs to be satisfied. This brings us to the second step of our day trading cryptocurrency strategy.
Step #2: Bottom 1 needs to develop a “V” shape type bottom
The key to this reversal setup is the shape of the first bottom. The bottom 1 price structure needs to be a “V” shaped bottom.
The identification guidelines of the V-shaped bottom are quite easy.
The price needs to drop in a straight line, and then it reverses and moves up at a slightly steeper slope or at least at the same speed as it fell.
The good thing is that we don’t need to spot this reversal pattern on a real live feed as they happen, we can look in hindsight and have the time to validate them.
Next, we’re going to outline what key condition needs to be satisfied with our entry strategy and how to buy Status SNT.
Step #3: How to buy Status SNT: Buy after we break above the highest point between the two bottoms.
The ugly double bottom pattern is confirmed once we break above the highest point between the two bottoms. That’s also the moment when you would want to buy Status SNT.
A break above the highest high between the two bottoms will also mark a break in the price structure. Once we break above point B, the price is making a higher high. This, paired with the previous higher low means we can safely assume the market is in the process of establishing a new bullish trend.
This reversal setup indicates that catching a falling knife can work, but you need to be patient until all requirements fall into place and only then pull the trigger.
This brings us to the next important step we need to establish for our day trading cryptocurrency strategy, which is where to place your protective stop loss.
Step #4: Place your protective Stop Loss below the second bottom
As we’ve suggested earlier, you can adopt different strategies to manage your risk, but for the purpose of this example, we’re going to highlight one effective way to hide your stop loss. Here is another strategy on how to apply technical analysis step by step.
Place your stop loss below the second bottom!
Alternatively, you can place your stop loss below the bottom 1, but this requires using a wider SL.
Step #5: Take profit at the 1.272 Fibonacci extension level
For our exit strategy, we’re going to use the Fibonacci extension toll. You can establish accurate profit targets with the help of the Fibonacci extension tool. We’re going to use the two bottoms and the highest high between the two bottoms as reference points to draw the Fibonacci extension lines.
As a day trader, you only need one good trade to succeed in this business. Just imagine how much you can accomplish with one good trade per day.
**Note: The above was an example of a BUY trade using the best Status SNT cryptocurrency strategy. Use the same rules for a SELL trade – but in reverse
Status Ascending ChannelStatus (SNTBTC) is really strong right now, take a look at this ascending channel!
This altcoin pair is growing as strong as it gets with prices now testing EMA300 as support.
We can expect another bullish wave and possibly a higher high. All the signals are pointing straight up.
I've marked the next few targets with magenta dashed lines as well as the main Fib. support.
Namaste.
Status (SNT) on the riseHi guys,
Let's take a look at Status (SNT). The blockchain-based open source messaging platform added 38.9 percent to its value during the previous week and is almost 90 percent up for the last two weeks.
Just like with stocks, communication-oriented tokens are on the rise. The recent surge in SNT is due to the increasing demand for telecommunication tools and applications globally. This is completely normal in these turbulent times when remote communication and work from home is becoming more and more important for the day to day activities and is crucial for the survival of entire businesses.
The SNT coin is clearly in an uptrend, but what we need to see here is a confirmation above $0.018 or worst case - a healthy retrace to $0.016 and a rebound from there.
On the 1h chart, however, I think we have the rising wedge there although the setup is quite choppy. Beware out there.
Status Network Token BooM! (+424% Today)We are seeing some of the altcoins printing different prices on different exchanges... I noticed Status (SNTBTC) hit a much higher ceiling on Bittrex than it did on Binance, this one printed over 400% today.
SNTBTC (D)
For STEEMBTC, prices moved up several hours first on Bittrex and later followed on Binance... This can be used as a signal together with all the other signals you use.
Looking at the weekly timeframe for Status, the main chart above, we can see that the bullish action is just getting started, there is so much room for more.
Feb. 1 | Status Long-Term Chart W/ Targets | 3460%+ Mapped
Namaste.
Status Long-Term Chart W/ Targets | 3460%+ MappedHere we have Status (SNTBTC) which is looking very similar to BitShares (BTSBTC)...
We are looking at it long-term:
First we can notice the increasing trading volume, way highest in several months.
Prices for SNTBTC are now moving above EMA10.
Strong RSI with bullish MACD.
Altcoins market bottomed out, sentiment changing, the bears are losing the grip, the bulls are taking control.
Great potential ahead short-, mid-, and long-term for this trading altcoin pair.
Thanks a lot for reading.
Namaste.
Status Prints Multiple Bullish Signals | 77%+Status (SNTBTC) printed multiple bullish signals and is now starting to grow... Let's take a quick look at those.
Status (SNTBTC) Bullish Signals
First we have the classic break of EMA10 and EMA50 (yellow line), our main indicators for bullish/bearish potential.
We can notice a bullish divergence between SNTBTC price and the MACD (marked with a purple line).
Bull volume increasing.
Reversal candlestick printed (marked with yellow circle).
Strong RSI (above 50).
These signals are telling me that SNTBTC can easily move higher... The magenta dashed lines on the chart are the targets for this move.
If prices move lower, support can/will be found on the dashed blue lines.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
sntbtci believe that buying SNTBTC in marked area is a wonderful investment for long term
technically, it's a triangle pattern and now completing the "b" wave, so the next wave is bullish and it can take some time, until oct.
i'll update it soon...
Status (SNTBTC) Can Have A Violent Breakout!Status (SNTBTC), the old Status Network Token, is giving me some mixed feelings... In a positive way.
We've seen many similar charts already, as most Binance altcoins reached a low on the 13/14 May, only to bounce and continue moving lower, or bounce, retrace and then boom, a very strong impulse to the upside...
Looking at the volume today for SNTBTC and the candlestick we have, this pair too might due to an impulse up.
Notes:
For this signal to be valid, we are looking for a close above EMA10 on the daily time frame.
There can be some consolidation before the move up.
The last low, 281 satoshis (0.00000281 btc), is the next support. If this level breaks then the above signal becomes invalidated.
The 250 satoshis line at the bottom of the chart can work well as a stop-loss for a long term trade/trader.
Thanks a lot for reading.
Namaste.
This is not financial advice. All information shared for learning and educational purposes only.