Short

$SONM short term accumulation trade

By YuntCmdr
Updated
SONM seems to be struggling after bearish regular divergence was confirmed on the CMF. It is failing to hold support inside of this bearish order block at the moment. Until short time frames improve, and BTC has more confirmation, I will be looking toward the support below and bullish order block on the 6 hour time frame.
Trade active
snapshot

I’m the event this h+s target actually plays out, I am prepared for lower entries as well.
Chart PatternsTechnical IndicatorssonmsonmbtcTrend Analysis
YuntCmdr

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