SNTVT/ETH Daily time frame

  • After the first breakout SNTVT mooned 600%
  • The price of SNTVT retrace to the 0.618 fibonacci level, which is a bullish retrace level
  • SNTVT formed a triangle pattern, Triangle patterns in crypto likely break to the upside when trend is up.
  • StochRSI bullish cross on daily, Indicating that momentum is moving up from here.
  • If the price breaks out of the triangle it also breaks above Daily 50MA

Trading ideas:

  • Buy the breakout of the triangle
  •  Buy the retrace to the triangle
  • Put stop loss below the triangle (dot line on the chart)
  •  Targeting previous highs (ETH 0.0000211)