Hi dear friends, hope you are well and welcome to the new trade setup of SONM (BEP-20) (SNM) US Dollar pair.
Recently we caught almost 17% pump of SNM as below:
Now on a daily time frame, SNM has formed a bullish Gartley pattern for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
Hi dear friends, hope you are well and welcome to the new trade setup of SONM ( BEP-20 ) ( SNM ) with US Dollar pair.
Recently I shared a trade setup of SNM with BTC pair, which is still in play as below:
At the same time with US Dollar pair, on daily time frame, SNM has has broken out a falling wedge pattern.
Note: Above idea is for educational purpose...
Hi dear friends, hope you are well and welcome to the new trade setup of SONM ( BEP-20 ) ( SNM ).
Recently we caught a nice pump of SNM with US Dollar as below:
Now on a daily time frame, SNM has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
Hi dear friends, hope you are well and welcome to the new trade setup of SONM ( BEP-20 ) ( SNM ) with US Dollar pair.
On a 4-hr time frame, SNM has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
As noticed wedge pattern on snmbusd and the price above support
high success possibility long position
targets as per previous supports
classic analysis
SONM is a multipurpose, decentralized supercomputer for mass exploitation, allowing users to monetize free space on their hard drives and providing a wide range of services, from website hosting to scientific computing.
Priced today at $1.35 USD with daily trading volume of $535,883,627 USD. SONM is down 81.21% in the last 24 hours.
The market capitalization is...
HELLO GUYS THIS MY IDEA ABOUT SNM USD is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that the buyers from this area will be defend this Long position...
and when the price come back to this area, strong Buyer will be push Up the market again...
Support from the past + Strong volume area is my mainly reason for this...
HELLO GUYS THIS MY IDEA ABOUT SNM Usd is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that the SELLER from this area will be defend this SHORT position...
and when the price come back to this area, strong SELLER will be push Up the market again...
DOWNTREND + Support from the past + Strong volume area is my mainly reason...
#SNMUSD has broken out from long term resistance, and in daily chart it is going to confirm the resistance as a support. price can continue its rally to 0.0345$ then 0.0642$ and 0.0989$.
SNM was released right at the end of 2017 rally, it is only available on binance. It has made a pretty clear head and shoulders reversal pattern and Im buying here! Hurry and get you some!
💎Technical Analysis Summary💎
BINANCE: SNMBTC
-SNM broke its immediate key support around the 80s sat
-The price fell down to its daily swing low last May 2020
-This is crucial for SNM, the Bulls must defend this zone
-If we can see buying power in the coming days
-There is a chance of a small bounce up to the 80s sat range
A big Thanks for donating 💰 via...
SNM/BTC
SNM bounces off right at the 200 Day MA and golden Fib 0.618 level. If SNM can hold this level for at least a week, there is a high chance of strong accumulation build-up to break this pattern to the upside.
200D MA will act as dynamic support in the coming days and this is the key area we must watch.
SNM/BTC
SNM broke outside the trend-line resistance but currently testing the 200 Day MA as strong resistance too.
If SNM closes above 200 MA on the daily. There is a high probability of short term reversal to move the price higher up to 230 sats area.
We will have to revisit this coin after a few days if SNM will be accepted above 150 sats regions.
Yesterday SONM has rejected the 461.8% Fibonacci retracement level applied to the corrective wave up after the uptrend trendline breakout. The support at $0.1 strong psychological level has been rejected cleanly suggesting the potential trend reversal.
At the same time RSI oscillator formed a bullish divergense confirming potential upcoming wave up. Nevertheless,...
