Substratum (SUB) Trading Plan (40% Profit Potential)
Updated
Signals:
-Correction of 20% from its previous highs, currently trading near support of 7800 satoshis.
-Substratum NODE Open Beta launches on 5.11.18, hopefully this will be mentioned by a certain influencer near that date.
-Channel up may be forming according to the 1 day timeline.
-RSI bounced off 40, indicating bullishness.
How to trade
Buy in:
Around 7500-7800 satoshis.
Selling points:
8900 satoshi range (+14%)
9900 satoshi range (+28%)
11000 satoshi range (+40%)
Stop loss recommendation:
Somewhere under support level of 7500 satoshis.
Don't hesitate to share your thoughts in the comments section. Thanks for viewing!
Substratum isn't very well known here on tradingview, but it's basically a system of nodes running a decentralized web, and according to Google Trends, Substratum has been pretty popularity in China.
-Correction of 20% from its previous highs, currently trading near support of 7800 satoshis.
-Substratum NODE Open Beta launches on 5.11.18, hopefully this will be mentioned by a certain influencer near that date.
-Channel up may be forming according to the 1 day timeline.
-RSI bounced off 40, indicating bullishness.
How to trade
Buy in:
Around 7500-7800 satoshis.
Selling points:
8900 satoshi range (+14%)
9900 satoshi range (+28%)
11000 satoshi range (+40%)
Stop loss recommendation:
Somewhere under support level of 7500 satoshis.
Don't hesitate to share your thoughts in the comments section. Thanks for viewing!
Substratum isn't very well known here on tradingview, but it's basically a system of nodes running a decentralized web, and according to Google Trends, Substratum has been pretty popularity in China.
Trade closed: stop reached
Stop loss hit, but targets still stand if you want to still buy SUB.Note
Looking back, this tight stop loss saved my ass big time.
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