bejaneps

SNTBTC Cup & Handle

bejaneps Updated   
BINANCE:SNTBTC   Status / Bitcoin
So, if you take a loot at SNTBTC daily chart, there is a pretty C&H pattern forming for almost a year. We are still in handle part and you have to watch price action carefully. If bulls will breakout from falling channel, then we can see 320 level and then 450+ levels get conquered. On the other hand, if bulls fail with this attempt, then we will possibly see SNTBTC on lower part of channel which is 220 sats.

In any case, keep your stop loses tight and don't let the market and TA fool you !

Good luck !
Trade active
Trade active:
Watch breakout guys, if daily candle closes over 300 satoshis, then we will move to 450+
Trade active:
We had breakout, going to 415 in few days.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.