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SNMBTC

Supercomputer for everyone. SNM/ BTC analyticsBUY: 0,00000636 - 0,00000644 SELL: 0,00001020 STOP-LOSS: 0,00000629 Support: 0,00000642 Resistance: 0,00000903 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 sell unused computer time. The SONM platform creates a decentralized network without a single center - with server or data storage - a network of fog computing. The principles of building a SONM platform are based on ensuring the stability of the network, where disabling a number of users will not lead to a system collapse. The minimum asset price was formed on November 20 at the level of 0.00000586. Noted, that the rates growth occurs at high trade volumes, and the fall - at a low one, which indicates interest in the token. The point of entry into the asset lies within 0.00000636 - 0.00000644 BTC. Opening positions, you should take into account that intraday volumes can be many times higher than the average. Be sure to put a stop loss at the level of 0.00000629. The support line is at the level of 0.00000642, but it's worth considering that the asset rate is not far from the minimum values, a breakdown is possible. The resistance line is 0.00000903, but it is rather weak. Therefore, the sales zone is set higher - in the range of 0.00001000 - 0.00001020. It's hard to intraday trading because volatility is 6-9 %, but liquidity is very unstable. The coin is more suitable for trading in the medium term than for intraday. A working fog computing platform, clear plans for further product development and an actual idea suggest that the token is also suitable for long-term investments.
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by ZOGRAS
SNM on a fib level with the 50/100 MA'S about to cross.SNM/BTC is currently on the .618 fib support level following a drop to retest the 20 MA (light-blue.) We can see the RSI also broke 70 on a previous run confirming an uptrend. We can see the 10 MA (orange) and 20 MA (light-blue) crossed over the 100 MA (yellow) and we got a move from about 900 to 1200. We have been consolidating on the .618 fib level and we've been finding resistance at the 10 MA (orange) as of recent, but have found support on the .618 fib level and on the 20 MA (light-blue.) Now, we can see the 50 MA (green) is about to cross-over with the 100 MA (yellow) and this could lead to further upside for SNM/BTC. The RSI is now at 55 after consolidating, and we have several moving averages and fib levels below our current price action which will act as support. I think there is a chance SNM could make a run to 1300-1400 sat's, if not higher (especially with the market sentiment shifting to a more bullish tone.) Entry: 980-1000 (.618 fib level.) Target 1: 1081 (.786 fib level.) Target 2: 1210 (1 fib level.) Target 3: 1374 (1.272 fib level.) Stop-loss: 925-945 (below the 20 MA, but be aware of flash crashes/stop-hunting's as we've seen this happen before.) --This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility.
SLong
by Deftsuo
$SNM / $BTC needs a bit more side way then going higher$SNM / $BTC needs a bit more side way then going higher Description: SONM is a a multi-purpose decentralized supercomputer for general purpose computing, allowig users to monetize their idle hardware and providing services that range from site hosting to scientific calculations. The SONM project implements a fog computing structure instead of a costly cloud structure, reducing middlemen fees. The SNM token is required to buy and sell computational power in the SONM network.. Upcoming News & Events Title: New Releases Date: 30 December 2018 (or earlier) Description: SNM releases rating & SLA, geolocation for suppliers/workers, blockchain explorer, and market explorer by end of Q4 2018. Title: Q4 Releases Date: 30 December 2018 (or earlier) Description: Token purchase with bank cards wallet integration, token purchase with wire transfer for corporate clients, and referral system in Q4 2018. Title: Q4 Releases & OpenFog Date: 30 December 2018 (or earlier) Description: Fog computing early adopters support program and OpenFog conference in Q4 2018. Title: Promotion & CloudFest Date: 30 March 2019 (or earlier) Description: SONM services promotion campaign for B2B clients and CloudFest conference in Q1 2019. Title: Q1 Updates Date: 31 March 2019 (or earlier) Description: Kubernetes support, decentralized autonomous organization of masternodes owners, cross-chain interconnect, and proof-of-test-case in Q1. Title: Q2 Business Updates Date: 29 June 2019 (or earlier) Description: Hybrid fog + cloud infrastructure, kubernetes as a service, and serverless as a service in Q2 2019. Title: Kubernetes Task Challenge Date: 29 June 2019 (or earlier) Description: "New SONM challenge based on Kubernetes related tasks," in Q2 2019. Title: Q2 Releases Date: 29 June 2019 (or earlier) Description: Trusted Platform prototype, PoS sidechain, and profile custom attributes in Q2 2019. Title: Q3 Product Updates Date: 29 September 2019 (or earlier) Description: Native MS Windows support on suppliers side and trusted platform improvements in Q3 2019. Title: Q3 Business Updates Date: 29 September 2019 (or earlier) Description: General PaaS services stack with object storage, file storage, RDS (SQL), and NoSQL (KV) in Q3 2019. Title: Windows Services Support Date: 30 December 2019 (or earlier) Description: "MS Windows-based services support," in Q4 2019. Title: CloudExpo Asia Conference Date: 30 December 2019 (or earlier) Description: "CloudExpo Asia conference," in Q4 2019.
SLong
by Abbas39
SNM - Falling Wedge Reversal Pattern Points To Big Gains Ahead..On today's BINANCE:SNMBTC chart, I want to show you one of my favorite trade set-ups. This is called a Falling Wedge Trade. This trade is very easy because you buy after you break out from the wedge and hold with a wide stop loss to allow for the volatility. Another entry point is the Upper Resistance Line retest. Typically when we break out from the wedge, there is usually a retest of the wedge resistance. On this chart, we may see a retest of the .00000770 level for another possible entry. The Falling Wedge is typically a bullish pattern that starts wide at the top and gets thinner as price gets into a consolidated tighter range. It forms a wedge that slopes down and comes to what is known as a terminal end point. Upper Resistance Line: Connect the reaction highs together with a diagonal trend line. (You want at least 2-3 highs to make a valid wedge.) Lower Resistance Line: Connect the reaction lows in a diagonal trend line. (You want at least 2-3 lows to touch along the line.) Confirmation of a bullish move is a break upwards through the Upper Resistance Line as seen on this chart of BINANCE:SNMBTC . WHAT ELSE TO LOOK FOR: To catch this pattern early, look for other indicators like (RSI Divergence, Swing low failures, Tom Demark Sequential buy set-ups, increased volume, MacD cross overs, Moving Average Cross Overs, etc. to give you an idea it's going to break out of the wedge. In this case, we had a historically strong support coinciding with a RSI bullish divergence and and RSI swing low failure for strong confirmation of a reversal pattern forming. Also make sure to look at fundamentals: We have perfect timing with the SONM Minimum Viable Product release coming soon as well, which could be a great catalyst to get us moving higher and bring in more traders. I'm expecting at least a 60% move out of this trade over the next 7-10 days with a much bigger move over the next couple of months. Thanks for reading and I hope you learned something. If this helped you make money or learn something, please click the like button as that encourages me to make more. Leave a comment below with your thoughts and I'll try and answer them all. Thanks! NOTE: This was a Signal Profits trade given with an entry at 0.00000800 entry and we are already up 10% on this trade, but it has plenty of more room to go.
SLong
by jacobcanfield
5