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ProofOfWealthvip

SANTOS Technical Setup - Bullish Breakout Signal



The 1-day chart is showing a classic bullish falling wedge pattern that's already broken through and retested. This kind of setup often precedes significant upside moves in altcoins like SANTOS.

Looking at the current price action against Bitcoin and BNB levels, traders are positioning for what could be a strong bullish wave ahead. Based on historical pattern performance, profit targets in the 100%+ range are realistic for the coming days if momentum holds.

The technical confluence here is worth monitoring closely - key resistance levels and volume confirmation will be crucial for validating this breakout.
SANTOS-3,67%
BTC-3,55%
BNB-1,78%
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WalletWhisperervip
· 01-19 06:25
Wedge breakdown retest, I've seen this move several times before, and it's usually not this simple...
View OriginalReply0
WhaleWatchervip
· 01-18 14:51
We've seen many wedge breakouts before; whether SANTOS can make a move this time depends on the trading volume.
View OriginalReply0
OnchainHolmesvip
· 01-18 12:02
Falling wedge breakouts are seen too often; the key is whether the trading volume can keep up, otherwise it's a false breakout.
View OriginalReply0
JustHereForMemesvip
· 01-18 12:02
Breaking the wedge pattern breakout, 100% profit? Sounds like the same old trick again haha
View OriginalReply0
GateUser-3824aa38vip
· 01-18 11:34
The falling wedge broke out, looks okay, but every time this kind of pattern is said to double, and the result is...
View OriginalReply0
TideRecedervip
· 01-18 11:33
The falling wedge breakout and retest are all done. If this wave doesn't go up, I'll eat my phone live on stream.
View OriginalReply0

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