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 --> bullish!
Despite all of those bullish signals, I would not get into SONM until it breaks second down trendline and pink resistance. Great entry point would be 2700 Satoshi.
(Always make sure to wait for confirmation!)
My target are listed in the chart (orange).
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 --> bullish!
Despite all of those bullish signals, I would not get into SONM until it breaks second down trendline and pink resistance. Great entry point would be 2700 Satoshi.
(Always make sure to wait for confirmation!)
My target are listed in the chart (orange).
Trade active:
I am in!
Trade closed: target reached:
First target reached!
Trade closed: target reached:
All target reached!