To me this scenario looks plausible. Please comment and give me a like if you agree.
Possible short term profits. However this only marks the beginning.
Technical analysis is based on the Elliotts theory to determine the main trend. In addition TA takes into account Fibonacci, Resistance and support zones and following indicators MACD, MA10, MA50, MA100, BB, V/A, RSI and Ichimoko. Regarding TA it there will be 3 waves. First is beginning right now. Next to TA some fundamental happenings for SONM in near...
Red zones are stop loss and support Green boxes are our targets This one can give us high returns
$SNM #Sonm has a Q3 of '18 launch date this year and will be the first decentralized super computer on the planet! 50 EMA is giving us a golden cross at the 200 EMA. Bullish Future Sentiment, Price action, and TK Cross looks to be a good catalyst to help us breach the 210 Day Downtrend line. Just waiting on the Chikou Span line to pull through the clouds to...
Hello Traders, SONM is another project that I am very interested in, and I see SONM can be direct competitor against Substratum! Looking at the 4 hour chart, I see many bullish signal for SONMBTC 1) 1st breakout with high volume --> low selling volume: bullish! 2) MACD crossover --> bullish! 3) Bull ascending pattern --> bullish! 4) EMA50 support -->...
Still hodling on the old support line lol
To me it looks bullish right now but lets back check tomorrow.
Sonm is still on the rise with higher bullish momentum.
SNM not strong enough to breakthrough atm
Who is pumping this one on binance. Who said you can't make money during a blood bath ?
Small 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...
SNMBTC analyze: - watch for 1 zone - double-bottom here is a very good sing to buy; - more likely to drop in 2/3 zone in this market situation.
Few things to note: 1) someone bought a lot of SNM 2) a new listing could be coming 3) SNM has been in accumulation phase for a while 4) legit project, hardworking team and first results delivered