$SNT, Alt-season is that you….
Weekly
Looking at our highest timeframe we see price has found major support at 1000 satoshis, and is currently testing our major resistance at 1400. Stochastic RSI showing momentum is just starting to head towards the upside. A weekly close above or resistance and we should see a higher high be formed.
Daily
Shifting over to our pattern timeframe we see price piercing our resistance zone and has since slowly been retracing from this level. Expecting price to hold above our 1200 support level, a daily close below this level and expect price to fall towards 1000 and form a wammie double bottom at this level. Stochastic RSI showing momentum has peaked out and we could be heading towards the downside temporarily.
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