Alireza_ITS

Status (SNT): Possible 140% return!

Alış
Alireza_ITS Güncellendi   
BITTREX:SNTUSD   None
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

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Might be going for a breakout now:
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Wait for a H1-close above the trendline.
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Breakout:
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SNT/BTC pair is making a triangle on a smaller timeframe:

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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.
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Look like we're off:
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Target 1 reached, and profit taking as expected. Expecting another downmove, before another impulse up.
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There we go:
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To the moon.
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Retested the highs from my previous comment and broke out of that descending trendline: good time to buy in if you want to

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.