AlanSantana

Status Moves Above MA200 | Potential 100%+

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BINANCE:SNTBTC   Status / Bitcoin
We can see the SNTBTC candles cycling through MA200, the black line on the chart.

We can see how this pair moves above and below this level which is a very important one.
It helps define the long-term potential of a pair.
  • Above it we are strongly bullish...
  • Below it is bearish of course.

Today Status moves above this indicator after a long-term higher low.
With a bullish RSI, this is all we need to predict that it will grow.

We are mapping a 100% target.
I would also use a 10/15% stop-loss.

Low risk, with high potential for rewards.

This is the last one for today.
Limit reached.

Namaste.

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