I was granted access to a new indicator, so I decided to test it on my Favorited coin. UncloBo is merged with RSI in one line (RSI is in Cyan and in unorthodox format) ... UncloBo has signaling colors for action. I backtested it on the 4H chart and it seems to have no mistake in indicating times to buy (green lines)- I do not see good time to sell (well I...
1) Chart looks great. 2) Project is fundamentally sound. I am looking to take profits in between 7-8k. 7k being resistance met previously and 8k being first fib retracement.
Today the Substratum Team released a test net for their project to beta testers who signed up. The team claims they have their beta ready for release to the public and will be releasing it sometime in the next few weeks. The reasons for substratum's pump from November to January was mainly because of investors speculation for the release date of the beta. I...
The first 3 arrows are the 3 biggest days of volume before a run up of 1120% and then a retracement down to 3700 satoshi at its lowest. 23 November USA bans net neutrality and substratum sees a runup of 49% The price actions fit the storyline of a product that was due to release in january, but got delayed due to improvements they could do to the code. The team...
SUB recently broke from a wedge reversal. When the candles started moving up, the Squeeze Momentum Indicator shows a sign of a squeeze in volatility noted by the black crosses on the median line. Circled on both the chart and indicator. Currently we are pushing against the 6100 sat resistance line I had noted in my previous analysis with a nice full body...
SUB is in the final stages of completing the market cycle. Stoch and RSI oversold. Very good point for some early entries. Accumulate down to entry point and hodl.
Tweeted about sub a while ago, was a little too early I guess. The pattern still seems to be in play, a half cup. It retraced almost a 1:1, compared to most alts at 0.768, volume pumped hard, witch is my favorite way of confirming a reversal. Now we only need to hold the support at previous recistence (red line). There is also an announcment coming in 6 days. I...
Substratum (SUB) has been bleeding since early Januari's BTC crash and never managed to break the purple trend line. They claim to have some interesting announcements in the upcoming weeks which might spark another bull run. Why you should keep an eye on SUB: Fantastic strong project, this is not your average shitcoin but a solid working product. Currently...
SUB has had a breakout of it's semi long downtrend channel (Shown in red) that stretches back to early Jan. It has not broken through the channel's 1.75 and 2 deviations (Black lines) yet. It is currently testing the upper and lower lines of the breakout pitchfork channel. The 4H had failed it's first attempt to break the 6050 sat resistance (orange line). If...
Hello friends! SUBSTRATUM ,as time goes by, went lower. So I decided to update chard at 1 DAY timeframe : ) In this case, is very simple. I used only FIBO retracement for searching reverse levels and huge support. Without my white triangles : ) RSI lookgs oversold . Resistance not determined, you can use for help Bollinger Bands indicator to better...
We are under the 786 people. I hope the chart is self explanatory, but anyone following Elliot Wave or Fibs know that is a take all day. Small stops are a name of the game. Regroup, regather, and look for next entry. Almost taken out, but Sub has a strong core. Let's see how it trades. --longmoney
Substratum is a blockchain based company aimed at helping to decentralize the internet as we know it. Note this, major coin!
Sub ready for break this triangle?, but Which way ? I think , it will be up.
BreakOut! It is a buy if it holds this level!
So, as it seems to be, Substartum prepares to break that long downtrend and to establish new uptrend. Trend reversal confirmed by 13% bounce from 5560 ATL level and it will go further after BTC stops it's rising. Slow Stochastic at highest oversold level. Sell targets are 7500 - 8000, as you can see that are resistance prices from Ichimoku Cloud.
I expect the end of the cycle in the purchasing zone and the set of positions for the next wave of growth
Downtrend being intensified by BTC rally. In about 5-10 days from now we should get back to bull trend in sub. Now is proper time to start buying. Beta will come out soon + listing on robinhood 22feb = sub is gaining a certain momentum very very soon.