SDNUSD trade ideas
#SDNUSD - Layers of TP on the way downAfter a mega 43% profit on a recent long trade from Crypto Tipster v2 we've now received a Sell signal from CTv2 with #SDN.
Price is currently sat on a level of SR which may indicate a little upward move before the descent through several layers of SR begins, there will be multiple levels and layers to take profit with this one, it depends on your own level of RR!
If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀
Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
🔥🔥🔥
Crypto Tipster v2
theCrypster
🔥🔥🔥
Good and Bad scenarios for SDNThere is great selling pressure on Shiden.
My last idea is failed, so i'm not so optimistic anymore and have 2 possible ways for this coin.
Good (green) scenario means that SDN have ended ABC correction with -80% price drop.
Bad (red) scenario means that we ended only wave A, so its likely to expect small corrective wave B and than strong C, which push price to -90-95% from ATH.
Ending of triple Zigzag on Shiden?Well, now we have long and sharp correction from 8$ level looking like triple zigzag.
If wave C will be equal to A in wave Z we can predict bottom at 2.590$, but it could be higher or lower.
This is fresh new coin, so we can't see support levels below 3$, which made it very hard to predict.
Even if my count is wrong (not triple zigzag, but wave A for example), Shiden should take level of 6$ in near future (maybe it will be only correction in downtrend or new uptrend movement).
But if Shiden will pump, we could see impressive high (on Kraken chart we can see level in 50$).