leongaban

Short term LONG on SNT as it continues into this wedge

Long
leongaban Updated   
BITFINEX:SNTUSD   None
SNT's mobile alpha has been deployed.
SNT's development continues to be one of the most active and transparent in the Ethereum ecosystem.
Longer term I would defs HODL SNT as Ethereum 2.0 with sharding approaches. Status will connect multiple successful Ethereum based Dapps and tokens.

Short term looks like up trend break out into the green, seeing return into the 40 cent range into next week. If it breaks below set stop loss around 25-24 cents.
Comment:
SNT has broken through the resistance line slightly, now around 30 cents. Looking like it will continue to keep trending and consolidating for awhile. ETH price rising nicely as well.

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.