SNTUSD trade ideas
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 - 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 - Buy OpportunitySNT - newly listed on Bitfinex - is gaining strength & looks like it's ready to start testing resistance levels. This is a good time to accumulate for an upcoming pump. New Bitfinex coins tend to do this & this shouldn't be any different unless Bitcoin really starts having some problems. For now, all systems go.
Status (SNT): Possible 140% return!Hi everyone,
Price has broken out and retested previous resistance (Green zone). We now have a good breakout-setup, where the market can reach the D-leg of a (possible) AB=CD pattern. Most likely, there will be some profit taking at those levels, before the market moves to the 1.618-extension of the AB=CD-structure. We might see another drop to the Green-zone, before breaking out!
Buy the breakout of the descending trendline.
- Trade with care
SNT Short term targetsI believe we are in wave 2, and based on that I made my targets as shown in the technical analysis.
Trend Reversal on SNTAfter a fairly long accumulation on SNT. There is a breakout possibility in the next few weeks. Going long
200 % profit Status Network CoinEvents: Messenger on Blockchain
After long correction SNT broke falling wedge , making double bottom, moving seems to be in triangle .
1st target 0.046
2nd target near resistance line (0.055-0.065)
SL under demand zone
Money for business
