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SNM

#SONM Bullish Reversal on Weekly ChartWOW! This is what we call volatility! Main net releases in 12 days and the word from their CTO and co-founder is that they have over 50 companies that are waiting to use their network. This weekly chart is showing a major bullish reversal pattern and I am looking for this week to be a bullish continuation of the volume build. By the looks of today we are doing great to do just that and it looks like the overall market might help us as well. Not financial advice but I am predicting that SONM will be a top 25 coin by end of 2018 as well as over 1 billion in market cap which would put them at roughly a price point of 2.50-2.60 per coin by year end. They are one of the only projects that has continually delivered at every single step of the way and has been more tech focused than on the style of hype marketing that many projects seem to like to employ...
SLong
by Crypto_Grit
SONM 4/06hello guys We are a little bit below the golden ratio still okay for now and it seems we've found support at 2500. 4h RSI is finding support and perhaps this will start the 3rd wave up. IMO we can start to scale in a position and target 2780 range what will give us a 8% gainz and set a stop below 2500. Thats all noting more to say Don't forget to like, subscribe and share It doesn't cost you anything :) good luck and thank you for tuning in !! DISCLAIMER: The Legal stuff - I'm not financial adviser.
SLong
by t80260
2
SNMBTC - [30 - 60] % PROFIT SHORTTERMOur analyzes are based on the Elliotts theory to determine the main trend, the targets of waves based on Fibonacci, Resistance - Support Zone. Also, we use indicators like EWO, MACD, MA50, Ichimoku, BB to confirm the end and start of a trend. 4H: SNM is going wave 3. 1H: SNM end of wave 2 soon TRADE INSTRUCTIONS Buy in: Buy zone ( 0.00002421 - 0.00002649 (now) ) Targets: (1) 0.00003341 (2) 0.00003545 (3) 0.00004014 (4) 0.00004359 (5) 0.00004723 Stop loss: (Stop loss will be updated in detail when happening) At present, we recommend that you sell in short-term to turn around the capital to another altcoin to maximize profits. If you find our post useful, please give us a BIG LIKE Your support will be a great motivation for us to update chart every day! If you have any opinion about this chart, don’t hesitate to comment below! The discussion will make us better! Thank you, guys!
SLong
by Beemaster
9
SNM 250% profit targetOn the D chart SNM just hit his strongest support line, it corresponds exactly to 0.786 fib point of retracement. RSI is clearly oversold and just bounced from the channel support. The confirmation of trend inversion would be the break of both price and rsi channels resistances. I put targets at 0.000052 (250%) (that is also the previous resistance and 1 fib point) and 0.000075. It's not easy to predict a bullish inversion during a bearish market and these day Btc is unpredictable, but chart and rsi look very nice to me. To be on the safe side you can enter only if it breaks both price and rsi channels resistances.
SLong
by chrycrypto
2
SONM-BTC weak signs on the horizonSmall Recap: SNM - Entry point: @ 1500 area - Profit levels: @2170-2580-3240 Stop: @ 1460 - Rebuy: 1000 sats and below area - Time: - Exchange: Many Summary Index: SNM is at the end of 78.2 retrace. It is a historical support level. Only historical is relative to crypto. We can, however, expect a reversal here and enter with a shortstop and good risk: reward ratio. We are at the end of a TD count on daily. And today is a fresh start on the TD. There is a small hint on the DMI indicator. The ADX line is curving which can indicate that the market might be looking to trend. For now, the bears are in control. And we can choose to observe the market before we enter and wait for stronger reversal signs. However, we are in a reversal zone. DMI and ADX indicators are generally slow. So sometimes its worth anticipating a reversal on the horizon. Goodluck
S
by CryptoDonkie