hello 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,...
look to reenter trade if it hits target.. .00004 - .000045
As many altcoins also SNM went very high during the last weeks, SNM even gone to rally mode due to high expectations and reached ATH at its peak. Like most altcoins SNM started correction. Comparisons with other altcoins that are ahead, regarding correction, I come to shown conclusion. These is neither a sell or buy advice, it only reflects one personal view on...
* Double bottom on larger timeframe > bullish! * RSI-14 overbought at 75% > slight correction needed * Finding support between 3100-3600 sats would be great * Various features due end of June Target > 8000-9000 sats end of June FOLLOW ME ON TWITTER TO KEEP UPDATED ON MY CHARTS: twitter.com Username: @di0ny0s_
SNM might be sponsor at consensus this itself is very big news, but known to a lot of people... might be a sell the news before more up! charts don't lie...? It seems SNM is in for a retrace.
It looks to me that SNM is on a nice rising Wedge, Where you see the information-dot is when SNM will give a presentation on Consensus. Given the timeframe of the rising wedge (like 80% into it), a nice moment for a breakout. Just my point of view, no reccomendation (I lose more money than I gain ;-)) What do you Guys/Girls think?
See TA. In my opinion SONM still totally undervalued. It never had a break out since project start (2.2x ICO). However SONM market potential is huge (decentralized computation market place (CPU, GPU, RAM, bandwidth, storage). This will be one out of few projects that will be around in ten years.
Technical chart analysis is based on several indicators such as EMA100, EMA200, RSI strategy, Trend analysis, Ichimoku cloud analysis, A/C, Elliott’s theory and more. Based on several analyses including fundamental-, product-, market- and technical chart analysis we come to the conclusion that in our opinion SONM has very high potential to grow massive. If you...
Our 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...
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Does this work as a potential C&H forming on 4-hour?
Wondering if the right side of the "cup" is too high to be consider potential C&H forming?
Quite simple view on current situation but often the simple and obvious things happen. Based on Elliott’s theory, Fibonacci and Ichimoko cloud. If you find our post useful, please give us a LIKE. Your support will be a great motivation for us. Don’t hesitate to comment below! The discussion will make us better! Thank you, guys!
To me this scenario looks plausible. Please comment and give me a like if you agree.