I wrote an analysis recently for UpToken (UPBTC) and some signals/patterns that are showing up on charts before a breakout... EDGBTC played out true, IOCBTC as well...
These patterns and signals are the same...
You can read about UpToken (UPBTC) here:
. SONM/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
. There is a possibility of temporary retracement to suggested support zone (0.00020000 to 0.00017700). if so, traders can set orders based on Price...
Follow me on telegram for exclusive content: t.me
SONM broke a downtrend started in Nov'18 (Pink line) and also broke a major resistance that formed in February (Yellow line).
The break was with a large candle accompanied by a large volume.
Ichimoku is totally bullish, price is above the green cloud that will also serves as support,...
SONM (SNMBTC) is available to trade on Binance and it hasn't move... yet.
Above you can see a long term, weekly time frame, chart... Hit like and let's continued.
After hitting an all-time low back in December, SNMBTC continues in the accumulation phase.
EMA10 is the next resistance that needs to break for SONM to move. This altcoin hasn't traded above EMA10...
Buy in: Up to 0.00000640
Stop loss: Close daily candle below 0.00000516.
Note: We raise stop loss above buy in level after we hit our first target for all our trades.
SNMBTC Chart Signals
MACD bullish crossover.
We have a large wick (Doji) candlestick with...