✳️ SNTBTC | Opportunity Series #7
We need to consider XRPBTC for a minute... While these charts might seen to be different, they are all the same.
We have a low in May/June 2022 and a higher low in March 2023.
This long-term higher low is being followed by a bullish wave, that's XRPBTC and other ALTSBTC pairs.
What one does, the rest follows.
SNTBTC is now within a higher low this month compared to the low produced mid-2022, this can lead to a bullish breakout.
If you look at this pair on the daily timeframe, early reversal signals are starting to show up.
- Today's candle is quite telling. After hitting a new low, it bounced with force and challenged resistance.
- The RSI hit bottom 20-March and started to go up even as SNTBTC hits a new low, same for the MACD.
- If you look at other exchanges with higher volume you can notice that today is also relevant.
This is another opportunity.
High potential for reward vs very low risk.
Namaste.
We have a low in May/June 2022 and a higher low in March 2023.
This long-term higher low is being followed by a bullish wave, that's XRPBTC and other ALTSBTC pairs.
What one does, the rest follows.
SNTBTC is now within a higher low this month compared to the low produced mid-2022, this can lead to a bullish breakout.
If you look at this pair on the daily timeframe, early reversal signals are starting to show up.
- Today's candle is quite telling. After hitting a new low, it bounced with force and challenged resistance.
- The RSI hit bottom 20-March and started to go up even as SNTBTC hits a new low, same for the MACD.
- If you look at other exchanges with higher volume you can notice that today is also relevant.
This is another opportunity.
High potential for reward vs very low risk.
Namaste.
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