MarcPMarkets

SAN In Your Plan? Chart Says It Should Be.

BITFINEX:SANUSD   None
Here is an alt coin that is not as popular as some of the other cheap ones, but the chart is very clear and compelling. A chart is a chart, no matter how irrational or ridiculous the fundamentals may be. Compared to alts at similar prices like XRP and IOT, SAN is exhibiting greater relative strength and bullish structure. A retrace to the .39 and/or .28 support areas are the location to look for potential position trades as the entire space slowly recovers. .72 would be a reasonable target. We do not own this alt, and we have not called any specific trade ideas for it. This is just to highlight an alt coin that is showing greater technical potential compared to its peers.

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