Status 115% Cup and Handle OpportunityTrying to give as many opportunities in the short term as possible.
A closer view and more details to come
SNTBTC trade ideas
SNT time for a breakout?It looks like SMT has had a long enough interval to consolidate. It looks like a cup formation might be occurring now with a breakout looming on the horizon.
Thoughts?
SNTBTCCardano starting its 12345 elliott waves after ABC correction
Also we see a cross over purple trendline
Status primed for continuationAfter the initial up move from status, followed by some healthy consolidation, status is looking primed. Bollinger bands squeezing, indicating a move in either direction is due. Currently sitting on cloud support, as well as the 50% fib retracement of the entire move. Adding to that, the stochastic RSI is at the bottom for most of the mid to high timeframes, indicating there is room for a strong up move. And of course a promising project.
SNT Consolidating before a run. At least 40% upsideI have been watching SNTBTC for the past 3 days. Previously, it looked as though the correction from the 4600 area was the final correction before the fifth wave in a simple impulse wave. It broke that trend when it began moving sideways. This dip to the 2800 area is a perfect buy signal before volume picks back up. Additionally the chart is teetering along that 4 hour cloud resistance. If it breaks below the cloud on the 4 hour chart or the 50% fibb level, I will set my stop loss around 2500. If not I expect one of two things; a new Elliot Wave breakout, or the formation of a head and shoulders. Either way my first price target is 4000, and my second is 4500. Unless we see some crazy volume and in that case I will extend my targets accordingly.
sntbreak through support of fib and tightening of bollinger bands along with btc downturn today and we possibly could see some decent upward movement
SNT possible last wave up incomingSNT possibily has more room to grow.
But take this with a grain of salt since it has already made a 10x move since my first published idea about SNT.
The white support line is an important level therefore and if it can't hold it's current price for the coming 3 days this trade will be invalid so be very cautious!
If SNT can hold it's price I expect it to move towards 5500 sats.
If it breaks down it will most likely follow the ABC correction pattern with important support levels and buy areas at the Purple lines.
Happy trading!
SNT - currently in squeeze, SHORT showing support for uptrend.Hey guys,
SNT has been consolidating and is starting to enter the squeeze.
On the 4H chart you can see that MACD is starting to create a minor curve up, also RSI is currently in the mid 50% with the tip currently pointing upward.
This might be a possible 20% profit chance as the volume history for the 3725+ might act as a magnet for buyers.
SNT Buy signal/consolidating well, has broken down trend, forming a pennant and indicators showing oversold on longer timeframes.
Sneaky Blinders! SNT uptrend cant stoppableBTC cant break major resistance and SNTBTC will going up and up till forever?! :)
SNTBTC short term trade opportunityA flag pattern occured in SNT with a target of 2961 in short time period.
It must stay above 2024 for this target. Some resistance and support points are marked on the graph.
MAde this upward movement with a good volume.
SNT is on accumulation phaseSNT is on accumulation phase we can expect a distribution phase up to 2000 (almost 100% profit)
Our targets are
1360
1700
2000
Note: Trade at your own risk, this is an especulation
Statusyellow box buying zone. if it fails to break first fibo at 960, we might go back down. stoploss to be sure
