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:
Commodity : SONM
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-3 weeks
. 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...
Ascending triangles are the pattern that I found most times this week...
Another asset that didn't break its weekly range yet...
$SNM Potential ascending triangle...
UCTS Buy signal on the 1D
RSI Rising, MACD about to bullcross(flat for now)
Volume MIA for now..
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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...
The following analysis is the update to our recent signal for SNMBTC.
You can see 2 charts, the upper represents long run equilibrium and trend at the SONM market. At the 1-day timeframe we can see that the price is about to finish Triangle pattern. The most important is that it broke down for a few moments right to the Major support level, afterwards it broke...
BUY: 0,00000636 - 0,00000644
SONM (Supercomputer Organized by Network Mining) is a decentralized Ethereum-based platform whose goal is to redistribute the computing power of all network users. It allows, on the one hand, access to the necessary resources, and on the other hand - to...
long term accumulation zone / she knows how to reach for the moon / interesting cloud/fog computing project
"once in a while you get shown the light in the strangest of places if you look at it right" - Robert Hunter