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Weekly forecast Santiment / BIT technical chart
Symbol SANBIT

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateOctober 26, 2020 - 15:55
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 10.65000, beginning of uptrend is expected.
  • We make sure when the resistance at 17.39000 breaks.
  • If the support at 10.65000 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A trough is formed in daily chart at 12.06500 on 08/11/2020, so more gains to resistance(s) 12.09665 and maximum to Major Resistance (17.39000) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 33.

Supports and Resistances:

  1. 327.99675
  2. 267.59320
  3. 207.42195
  4. 132.77110
  5. 82.50000
  6. 50.81185
  7. 31.45000
  8. 27.56000
  9. 22.68000
  10. 18.93500
Click on the level to view price action history.

Symbol Released Current Forecast
Santiment / BIT (SANBIT) Sun, 29 Aug 2021
Santiment / BIT (SANBIT) Sat, 21 Aug 2021
Santiment / BIT (SANBIT) Mon, 16 Aug 2021
Santiment / BIT (SANBIT) Sat, 7 Aug 2021
Santiment / BIT (SANBIT) Sat, 31 Jul 2021