We looked at SNMBTC (SONM) almost two weeks ago and things are going nicely...
This is a good example of "Patience is key" .
Here is the previous chart:
The bottom line is that we have to wait for things to develop.
We buy and hold... Wait patiently and collect profits once our targets hit.
If things go "south", we close the trade at a loss and move on....
Sonim Technologies designs and manufactures mission-critical smart phone-based solutions for workers in extreme, hazardous, and isolated environments.
Its products include ultra-rugged mobile phones, like Sonim XP8, Sonim XP5s, and Sonim XP3, business process applications, and a suite of industrial-grade accessories.
The market cap is only 20.568Mil.
*&MIl...
I am not saying that it is going up...
I am just saying that the potential is there for prices to jump.
Since the same level that lead to a bullish wave last year is being activated, we can see a reversal because a bounce is happening on this support.
Remember to plan your trade.
This is only good if you plan what to do if prices move higher.
What to do if...
I'm very serious ! It is a little-known asset but that will be worth gold. ...
I think you should have some in your wallet!
The technology is infinitely good and very useful in the field of CGI, FX, and science for computing power!
The long-term target is huge! A big jump is to be expected towards the end, beginning of 2022
SNM has stopped the price drop at 500sts and it is likely to have a quick rally to 700sts and 900sts in the next few days. However, if it loses the 500sts zone then we shouldn't hold SNM anymore
📈BUY
🔴Buy : 480-520sts. SL if B
📉SELL
🔴Sell : 680-720sts. SL if A
🔴Sell : 880-920sts. SL if A
♻️BACK-UP
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY...
Sonim Technologies Inc is a U.S based company provides ultra-rugged mobile phones and accessories, which are designed specifically for task workers physically engaged in hazardous environments. Further, the company offers workforce-critical communication and connectivity tools for industrial enterprises and public sector agencies including end customers in...
This resistance will eventually break and SONM could fly. Not many coins have been little affected by this downturn, but this held well. Now that other coins in the computing/storage sector also look good this could be big.
we holding well in satoshi value, golden cross in btc pairing is done...ins $ value we have perfect parameters...someone accumulating it....good gains are possible. high risk coin..but it can give some perfect return for your investment...DYOR
SNMBTC
ENTRY: 0.00000042 - 0.00000046
TP1: 0.00000055
TP2: 0.00000060
TP3: 0.00000079
TP4: 0.00000096
TP5: 0.00000107
STOP: Close daily (D) candle below 0.00000038.
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Thanks a lot for your amazing and continued support.
Namaste.
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Disclaimer:
This is not financial advice.
Remember to have your own plan/strategy before trading.
There is...
SNM is showing very strong buying power in the 60-65sts zone, and when returning to this zone, SNM closed 1D candle with Doji candle. This shows that the SNM will continue to increase over the next few days.
The target will be quite high: 90sts and 110sts are the two most important zones. But if FOMO occurs, it is possible to increase to the 140sts
But if SNM...
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...
Basic overview on SONM project, is $SNM ready to move up?
SL if it breaks kumo cloud (90 sats with confirmation)
Your comments are always appreciated.
Trade safe, Stay safe.
](https://s3.tradingview.com/n/nT1TsYHd_mid.png "SONM Trade Signal [SNMBTC](255%)")
