SNTBTC trade ideas
80% Upside potential on SNT ( buy) As you can see here, during the latest bitcoin crash the lowest Fib line acted as a great support level for SNT. We have now seen a small spike with not much volume bringin up to the (0.236 Fib line 0.00002379) As we have now broke into this level, what we are looking for is for this area to turn into a new support level. The idea here is to buy if we close over 0.236 fib line, while implementing a tight stop loss at this level, giving us little to no risk with huge rewards. Short term target is 15% profit reaching the next Fib line, which has proven to have held some resistance, and if we break that we continue to soar, Maximum long term potental of 84% gain. Key things to look for here is an increase in Volume. The RSI indicator has started to curve up from being very over sold which is a Bullish sign. A great trade or investment with little to no risk from this area. Ideally we want to see if the Daily candle closes above 0.235 fib line before buying.
Short & Long term AnylsisIf you wanted to Jump into SNT and you missed all the opportunities, this is probably the best level to do it into.
SNT Short Term Buy - Sell ZonesI am beginner. I just draw what I am seeing. Please comment for my mistakes. Thanks.
Please be careful BTC!!!
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
SNT GOING TO BREAK THE BEARISH MARKETThe previous IDEA (BCDBTC) did work well. so I decided to share another idea with my friends.
The market is still bearish and in such bearish market no trade is recommended, ((((BUT)))
As you can see SNT is telling us that it can break its bearish trend after correction
The daily MACD, RSI and bollinger bands are turning to bullish.the signals are strong.
SO feel free to set about 30 to 50% profit based on your entry level
Dont forget to set your stop loss (5 to 7 percent below your entry level)
At the end: This trade needs about 5 to 10 days for growth.
trade on your own risk. Its only a suggestion. Hope you enjoy your trade.
SNT Prediction 1/29
Down trend
Approaching a major price action point
Support @ 1151 and Resistance @ 2679
MACD and MA's are converging slowly
Watch for the close of the market day to see what might be a proper action
sntbtcThere was a big triangle and the and ofthe formation there was a diffrent standart triangle ,I think it will be rise up very powerfull attack , harmonic gartley formation will be show when we stop hodl.Have a good trade.
sntbtcThere was a big triangle and the and ofthe formation there was a diffrent standart triangle ,I think it will be rise up very powerfull attack , harmonic gartley formation will be show when we stop hodl.Have a good trade.
SNT - Still Not Tanking coinWhile many other coins have been falling strongly against BTC in the past week or so, SNTBTC has stayed relatively stable.
Currently, volume is low, and it is forming a falling wedge (orange lines). We could soon see a breakout. If this happens, it will test 3000 sats resistance, then 3500.
A breakout from the sideways parallel channel happens if it breaks 3500 convincingly, and should take us to new highs.
2 ways to play this: wait for a falling wedge breakout before buying, or near the bottom line of the wedge. The first option is recommended. 1st target: 3500 sats.
Wedges on SNT, sign of a bullish movement (Status Network Token)A BULLISH Continuation Wedge consists of two converging trend lines that we can see on the graph. This is because prices edge steadily lower in a converging
pattern i.e. there are lower highs and lower lows. We can also see that the volume diminish as the pattern forms and I can see a rise of prise in the upcoming month.
Great buy opportunity :)
Target in mind : 2858, 3091, 3255, 3418, 3621, 3948
Target 1 : 2858
Target 2 : 3091
Target 3: 3255
Will update other targets in a regular basis.
Good luck and trade safe!
Possible outcome SNT4 hour chart
cup and handle looks to be complete with an A B C correction
Potential breakout about to start?
Keep an eye on it guys
SNTLooking for Incentive Wave.
Trade/Position
Will take profits @ both target 1 and 2 and bag the rest...
SNTBTC [4h] H&S major patternt
Might be dropping in the next few days.
This is an idea from a rookie, not an advice.
Please share your thoughts and comments.
Status Network Token (SNT) Chart Analysis (Trending Downward)Status Network Token (SNT) Analysis
- This coin is trending downward. The price reached a top on the perfect 9 count on the TD Sequential indicator.
- You can see a triangle formation on the chart, which means that consolidation is happening and a breakout will happen soon after but, if you look at the indicators they are all overloaded or trending down.
- This daily chart is telling me that SNT might need a break. If the support line is broken downward, it will might go down hard.
- If it breaks up, it has to challenge the recent high and these are very hard to break looking at the indicators on the chart.
- I would sell my SNT in peace and be looking for a new entry point after the support levels are re-tested. This is if you want to continue trading this coin.
- If you are thinking long term in the range of many months then holding is really easy, as price swings are not important in a long hold.
Notes:
- Magenta line show resistance levels.
- Black lines show support.
Hope you enjoyed this analysis.
These are short term signals. This analysis won't be valid a few days or weeks from now, as the charts will always be changing. Since this is mainly a daily chart signals analysis, the signals are updated every day when a new candle is formed.
Please keep this in mind.
