#SATS STAYING ON TOP OF THE NEWLY ESTABLISHED MAJOR SUPPORT: WHAT'S NEXT?
We have now garnered a total of 22.83% profit from the initial and second rebound of SATS from its major support. Right now, we're anticipating a high movement from this altcoin. Since there are still no confirmation for a further breakout. We will continue observing the possible pullback to its lower levels until it rebounds higher. It's almost at its 6th month of its price's ranging movement and every time there is a ranging market structure. There's a strong tendency for for the structure to shift towards a strong impulsive movement. Hence, the best way to enter this altcoin would be to observe and patiently wait for the next price reaction.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
