Status Moves Above MA200 | Potential 100%+

24 בנוב׳ 2022

We can see the SNTBTC candles cycling through MA200, the black line on the chart.

We can see how this pair moves above and below this level which is a very important one.
It helps define the long-term potential of a pair.

• Above it we are strongly bullish...
  
• Below it is bearish of course.
  

Today Status moves above this indicator after a long-term higher low.
With a bullish RSI, this is all we need to predict that it will grow.

We are mapping a 100% target.
I would also use a 10/15% stop-loss.

Low risk, with high potential for rewards.

This is the last one for today.
Limit reached.

Namaste.