There is a possibility for the beginning of an uptrend in SNTBTC

27 בספט׳ 2018

Technical analysis:
. StatusNetworkToken/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000570 to 0.00000470). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00000570)
Ending of entry zone (0.00000470)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:

Take Profits:
TP1= @ 0.00000710
TP2= @ 0.00000880
TP3= @ 0.00001040
TP4= @ 0.00001400
TP5= @ 0.00001680
TP6= @ 0.00001980
TP7= @ 0.00002380
TP8= @ 0.00002900
TP9= @ 0.00003740
TP10= Free