alanmasters

SONM High Volume Bounce (Easy 62%)

BINANCE:SNMBTC   SONM / Bitcoin
SONMBTC is now showing strong volume on a bounce after hitting MA200 (the black line on the chart).

The strong volume and bullish candle after hitting this level signals that prices can easily continue higher.

We just need a close above EMA100 (0.00000107) and there can easily be an additional 62% jump... This can take just a few days to develop if nothing goes wrong.

The next target and support levels are marked on the chart.

This is not financial advice.
Remember that the charts are always changing and can always change... So make sure to a well-developed strategy before you trade.

Namaste.
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Comments

Keep it up
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Good set up
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Great techincal set up! 🦐👍🏻
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Great
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