Long
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
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
Note
Might be going for a breakout now: Note
Wait for a H1-close above the trendline.
Note
Breakout: Note
SNT/BTC pair is making a triangle on a smaller timeframe: Note
Price has been being rejected from the current price levels for 7 days in a row. I think its a matter of time before it breaks to the upside.
Note
Look like we're off: Note
Target 1 reached, and profit taking as expected. Expecting another downmove, before another impulse up.
Note
There we go: Note
To the moon.Note
Retested the highs from my previous comment and broke out of that descending trendline: good time to buy in if you want to 
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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.