10000SATSUSDT.P trade ideas
SATS large range Sats is fairly new still and seems to have formed a large range.
Currently we sit at the bottom of this massive range.
Ive marked out the range points of control throughout its lifetime on this chart.
You can clearly see the possible traffic areas where we could see resistance above us.
Anything can happen but from a TA perspective this is at the bottom looking to rotate back up from a range perspective.
Ive used the Fixed Range Volume Profile to find the POCs (white lines) of each mini range as you can see. These key levels will be magnets for support and resistance in the future when price returns higher.
My current target is the Yearly Volume Weighted Average Price (Yvwap) you can see it land right around that orange 618 fib level. Would be a nice move. Anything can happen in these conditions with BTC trying to decide to go higher or sink below to range more as well.
Not Ever Financial Advice.
I only draw cartoons.
SATS is Ready to SATISfy you Buy Trade.## SATS Coin: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **SATS:** A BRC-20 token named after Satoshi Nakamoto, the pseudonymous creator of Bitcoin.
* **Represents:** One SATS equals 1,000 satoshis, which is 0.0000001 BTC.
* **Function:** Primarily used for trading and speculation.
* **Limited utility:** Not directly used for payments or network fees on the Bitcoin blockchain.
**Recent News:**
* **Feb 23, 2024:** SATS price up 2.71% in the last 24 hours .
* **Feb 15, 2024:** Listed on Bitfinex exchange .
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice.
* SATS is a relatively new and volatile cryptocurrency.
* Carefully research SATS and the cryptocurrency market before making any investment decisions.
**Additional Notes:**
* SATS price is closely tied to the price of Bitcoin.
* The recent news highlights some ongoing trading activity and exchange listings for SATS.
* Remember, cryptocurrency investments are inherently risky and require careful consideration before investing.