Long
Santiment bullish correction
sup guys, Santiment is showing some textbook correction pattern in the 4th wave. Its a running flat (higher B, lower C, whereas the C leg typically has wicks below). This means a 5th wave is next. I also noticed daily volume has broke record of the history of this coin and it's slowly getting more attention then the first wave, which went to about .5. We could expect bigger gains in the 3rd wave, but i cant give targets yet.
Definately a buy.
If conservative you could place a stop loss a few % below the uptrend, as a break of this means there is a different pattern in play. Risk reward is great anyway.
Definately a buy.
If conservative you could place a stop loss a few % below the uptrend, as a break of this means there is a different pattern in play. Risk reward is great anyway.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.