Eball8
Mua

Status 115% Cup and Handle Opportunity

BITTREX:SNTBTC   Status Network Token / Bitcoin
Trying to give as many opportunities in the short term as possible.

A closer view and more details to come
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Waiting for the completion of the triangle to enter the trade.
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Personally, I call this a "Bat Wing formation."

It is very similar to what I've seen in ripple and usually ends in a consolidation that tight ropes for an extended period of time. It looks like that is what we're doing now. Close eyes on this one, It may almost be done.
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Alright guys, I'm using a new toy and i LOVE it.
So. Good News and Bad News
Bad News: I have an alternate wave count and I think this is it.
Good News: Our Targets are actually set for higher distances in the longer term!
Good News: If you entered this trade, I think you can get a nice 30-35% gain if we target a resistance level for the B wave (Target 0.5)
Bad News: This consolidation will probably continue for a while longer.

This is the official Status Thread! I Like this one!
sorry. What do you mean by "it may almost be done?" How do you think, Is it worth waiting for some higher levels for the next 15 days ?
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Eball8 MichelJar
@MichelJar, I meant by the correction period may almost be done. But I re-evaluated and it looks like it has more correcting to do. Always worth the wait! No rush on the entry.
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@Eball8, Thanks.
I opened the position on 0.14 cents and didn't manage to close it at 0.67 and now interested about the time it can take to return to ath levels))
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don't all these alts go up if bitcoin goes up? if btc corrects heavily, can they still fly?
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Eball8 Benx6
@Benx6, Yes and no. If Bitcoin goes down hard, so do altcoins. But if Bitcoin has a small correction then alts can fly. If Bitcoin goes up really fast, then alts get hurt. It all depends on the price movement for Bitcoin.
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Benx6 Eball8
@Eball8, thanks for your response
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