Substratum seems to be holding support around the 4100 satoshi level but the resistance is getting lower and lower. Part of this may be caused by the sudden halving in volume, and thus liquidity, which means the people who hold thousands of Sub are able to severely impact the price.
I have bought Sub at 4100 and am very concerned with how it takes just around 8k...
Welcome back Apostles!
We have a new hype cycle underway!
Today, the coin of choice is Substratum. I Chose this coin for the simplicity of its market structure.
For newbies that don't understand how to trade profitably, it is important to keep things simple. Buy coins that don't require a ton of thought. Look for the basics!
Taking a look at the chart we can...
Substratum found the bottom at 3824 satoshis, tested on the 13th of June. Then price broke above the descending channel, and finally, today it broke above the 50 Moving Average suggesting the beginning of either a correctional wave up, or a long term uptrend continuation.
SUB/BTC price is likely to increase towards the 61.8% Fibonacci retracement level area, that...
Weekly
Trend timeframe showing price has just reached our major support zone 4000 satoshi. Expecting some weekly consolidation at this level, stochastic rsi showing momentum has bottomed out.
Daily
Shifting over to our pattern timeframe we see price respecting a descending wedge pattern. Stochastic RSI still showing momentum is a our bottom. A daily close...
SUB hanging on a very low support. Has gone down significantly since their twitter got hacked. It might make a nice rally up, but if it fails to hold here, we will probably see it drop another 50%. Also notice the oversold RSI (Double bottom)
Hello guys
As it stands right now I'm just being patient to add to my position in the right moment.
For now we've broke support (4969) by a little bit and I'm waiting for it to do something.
Until we see a decent move up or down we can't do anything imo.
rsi is approaching OS territory but it has room to go down.
Don't forget to like and subscribe
It doesn't...
Hello guys
I got stopped out see last post :(
Some inside how I do things.
Got to exited and bought at that white arrow so I'm down 7% :(.
I'm okay with that because I've my game plan ready before I entered my trade and I'm buying more at these levels right now.
What I'm trying to say I can be wrong too sometimes but because I've my game plan ready so I don't...
Substratum currently trading at the support area, between $0.3 and $0.38, that is 88.6% Fibonacci retracement level of the recent corrective wave down. Currently SUB/USD is right at the Fibs support, which could and should continue to act as the support.
As long as price stays above the $0.3, SUB should start moving upwards and could reach $1.43 area in the...
SUB. Now we can see the completed bearish flag and completed bullish flag, which in sum give us an inverted head and shoulders (HS). Also now we can observe the output of the graph from the pattern, which is supported by the completed bunch of convergences b and c, which usually means new up-trend. But the trading volume on this asset is still not large enough so...
YOOO
easy gains = easy life
Okay this is tooo easy as it seems to me but why make it difficult if it really can be easy.
To start I'would say if support is broke is can go down 10% - 30%
So I'm getting out if it breaks
If it doesn't well guys the upside is very very niceee.
First target is 9200
second well every thing that passes 9200 is to be determined...
Looking at the 4-hour chart for SUB, we can see a possible inverse head and shoulders pattern forming. The RSI is oversold and the showing bullish divergence. I'd like to see the MACD be closer to reversal, but I believe we are so close to the trend line, once we break out that is when then the reversal will form. We are hitting some support points in the head so...
Signals:
-Correction of 20% from its previous highs, currently trading near support of 7800 satoshis.
-Substratum NODE Open Beta launches on 5.11.18, hopefully this will be mentioned by a certain influencer near that date.
-Channel up may be forming according to the 1 day timeline.
-RSI bounced off 40, indicating bullishness.
How to trade
Buy in:
Around...
SUB/BTC on Binance with some decent profit potential here. Testing a bullish order block, uptrend lines still intact. .5 Fib level sitting on the bullish block. Volume picking up as well. All of these signs-----> Bullish
But!! Every trade has risk, and there are clear potential signs that this trade could go south...
1.) BTC/USD has been crazy with the Bart...
