Been watching SNGLS for a few weeks on Binance, been waiting for it to approach its next breakout which I think is fast approaching. MACD
is showing hints at convergence and RSI
is looking like it is approaching the appropriate level where breakouts have happened in the recent past. BTC
Dump mid_January shifted the chart down a tad but I think it is following the same trend only shifted down, so I am assuming the parallel trend line
is valid. If I am right then I am targeting around 2100 Sats
for entry point. Then I am waiting confirmation of breakout before I set my next target of around 2900- 3000 sats
. Then from there 3200-3400.
That is what the chart is telling me. I'm probably completely wrong that is what makes it so much fun when you are right.
This is an idea, not financial advice.