Status Moves Above MA200 | Potential 100%+

24 nov 2022

We can see the SNTBTC candles cycling through MA200, the black line on the chart.

We can see how this pair moves above and below this level which is a very important one.
It helps define the long-term potential of a pair.

• Above it we are strongly bullish...
  
• Below it is bearish of course.
  

Today Status moves above this indicator after a long-term higher low.
With a bullish RSI, this is all we need to predict that it will grow.

We are mapping a 100% target.
I would also use a 10/15% stop-loss.

Low risk, with high potential for rewards.

This is the last one for today.
Limit reached.

Namaste.