Wedges on SNT, sign of a bullish movement (Status Network Token)
A BULLISH Continuation Wedge consists of two converging trend lines that we can see on the graph. This is because prices edge steadily lower in a converging
pattern i.e. there are lower highs and lower lows. We can also see that the volume diminish as the pattern forms and I can see a rise of prise in the upcoming month.
Great buy opportunity :)
Target in mind : 2858, 3091, 3255, 3418, 3621, 3948
Target 1 : 2858
Target 2 : 3091
Target 3: 3255
Will update other targets in a regular basis.
Good luck and trade safe!
pattern i.e. there are lower highs and lower lows. We can also see that the volume diminish as the pattern forms and I can see a rise of prise in the upcoming month.
Great buy opportunity :)
Target in mind : 2858, 3091, 3255, 3418, 3621, 3948
Target 1 : 2858
Target 2 : 3091
Target 3: 3255
Will update other targets in a regular basis.
Good luck and trade safe!
Trade active:
Doing exactly as expected. Ready to break out soon