Welcome to this updated analysis on SNMBTC Let's get right to it!
This information is to be used for educational purposes only
Would be equivalent to a rise of 800% Therefore, if 0.00000641 can hold support line
A breakout above the trend line would cause SNMBTC to rally to about 800%
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...
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,...
The price action if forming a perfect cypher pattern.
Now the last leg is almost getting completed and price action is entering in potential reversal zone from this PRZ area it will take a bullish divergence insha Allah.
The targets are:
Buy between: 0.00000651 to 0.00000574
Sell between: 0.00000708 to 0.00000850
Atif Akbar (moon333)
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..