Santiment Network Token Short term 7 USD, mid term potential target 14$

in #santiment7 years ago (edited)

Overview

We can enter at a breakout or at current prices with a stop of 5%. It would be ideal to wait for the retest of the bottom of the ascending triangle to enter. If it forms a 3 wave, abc as shown bellow, structure we might see a more complex correction. However if it forms the 5 wave impulse we will expect a correction and larger move to the 14 dollar range.

If the ascending triangle breaks to the downwards expect a retracement to the .5 or .618 levels