I have noticed a possible trade here, Sub broke its overall downtrend recently and has been respsecting the 8000 sat support line for some time now forming a .
With BTC nearing on completion of a there is a good chance of the market overall going again, in which case we could start to see alot of bowl action across the board.
I expect some more sidways movement before closing in on the penant and trying for another break out, if we do there is 2 resistance lines that we may see some pull backs on, one around 10,000 sats the other around 11,000 sats .
If you can get an entry under or around 8000 sats there is an opertunity for 20-30% profit. stops around 7500 for a rough 4.4:1 R/R ratio.
I will personally be loading up a bit at a target of 8000 sats , if it breaks support i will most likely short it to the 6200 support for a 20% extra bag and hopefully ride the bounce, regardless im on this coin to do well this year.
as always keep an eye on btc as its moving to a critical turning point right now between 9000 and 9200 usd.