SONM coin has proven itself again and again. this chart just shows its potential. In both usd and btc pairs, we see a trend reversal in play. like i have said, this coin is highly undervalued. buy now and take it as a presale price. thank me later
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 : 480-520sts. SL if B
🔴Sell : 680-720sts. SL if A
🔴Sell : 880-920sts. SL if A
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY...
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.
The price has printed successful falling wedge with the price currently sitting on a solid support and about to breakout the trend line of the falling wedge. If price breaks out of the falling wedge it will moon but if it breaks down the support we will see the price testing down 1000 satoshi price support.
Entry 1 - 109 (20%)
Entry 2 - 101 (20%)
Entry 3 - 92 (30%)
Entry 4 - 83 (30%)
Targets - 124 - 140 - 160
HODL Targets - 200 - 280 - 450+
Stop loss - 78
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