Yesterday, after a major correction sent prices lower, SNTUSDT (Status) managed to close above EMA10. This signal tells us that the potential switched from bearish to bullish.
Today, SNTUSDT is trading above EMA21 in the currently active session.
We have a volume breakout with indicators trending to the upside, plenty of room available for growth on both the RSI and MACD.
1, 2, 3, UP Pattern
Now let's get into this very simple pattern; 1, 2, 3 UP.
Number one (1) is a drop, number two (2) another drop and three (3) is up, the bullish breakout.
As can be seen here number two can be either a low or higher low relative to number one. We already have 1 and 2, we are only missing the last part... Status (SNTUSDT) is about to move up.
Namaste.