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SONM (BEP-20) (SNM) Breaks out a wedge for upto 88.50% rallyHi dear friends, hope you are well and welcome to the new trade setup of SONM ( BEP-20 ) ( SNM ) with US Dollar pair. Recently I shared a trade setup of SNM with BTC pair, which is still in play as below: At the same time with US Dollar pair, on daily time frame, SNM has has broken out a falling wedge pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
SLong
by moon333
3
SNMBUSD - Coin Overview. SONM is a multipurpose, decentralized supercomputer for mass exploitation, allowing users to monetize free space on their hard drives and providing a wide range of services, from website hosting to scientific computing. Priced today at $1.35 USD with daily trading volume of $535,883,627 USD. SONM is down 81.21% in the last 24 hours. The market capitalization is $59,816,408 USD. The circulating supply is 44,400,000 SNM coins and there is no max supply. If you liked the idea, give it a like. That's the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your your friends.
SLong
by Artem_Dishel
18
SNM/BTC (Testing Daily Swing Support)💎Technical Analysis Summary💎 BINANCE: SNMBTC -SNM broke its immediate key support around the 80s sat -The price fell down to its daily swing low last May 2020 -This is crucial for SNM, the Bulls must defend this zone -If we can see buying power in the coming days -There is a chance of a small bounce up to the 80s sat range A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
S
by PolarHusk
6
There is a possibility for the beginning of an uptrend in SNMETHTechnical analysis: . SONM/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 70. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00020000 to 0.00017700). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00020000) Ending of entry zone (0.00017700) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00023090 TP2= @ 0.00025550 TP3= @ 0.00029920 TP4= @ 0.00032000 TP5= @ 0.00035560 TP6= @ 0.00040480 TP7= @ 0.00057480 TP8= @ 0.00069570 TP9= @ 0.00085000 TP10= Free
SLong
by ForecastCity
2
A trading opportunity to buy in SNMETHTechnical analysis: . SONM/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 44. . While price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00021100 to 0.00018600). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00021100) Ending of entry zone (0.00018600) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00024330 TP2= @ 0.00026230 TP3= @ 0.00028850 TP4= @ 0.00031430 TP5= @ 0.00033540 TP6= @ 0.00037990 TP7= @ 0.00043360 TP8= @ 0.00051320 TP9= @ 0.00059250 TP10= @ 0.00070580 TP11= @ 0.00085000 TP12= Free
SLong
by ForecastCity
1
There is a possibility for the beginning of an uptrend in SNMETHTechnical analysis: . SONM/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 66. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trade Setup: We opened 8 BUY trade(s) @ 0.00023921 based on ' Hammer ' entry method at 09.10.2018. Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (0.00021500 to 0.00018600). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00021500) Ending of entry zone (0.00018600) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0002584 TP2= @ 0.0003023 TP3= @ 0.0003361 TP4= @ 0.0003803 TP5= @ 0.0004304 TP6= @ 0.0005391 TP7= @ 0.0007097 TP8= Free
SLong
by ForecastCity
There is a possibility for the beginning of an uptrend in SNMETHTechnical analysis: . SONM/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 66. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trade Setup: We opened 8 BUY trade(s) @ 0.00023921 based on ' Hammer ' entry method at 09.10.2018. Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (0.00021500 to 0.00018600). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00021500) Ending of entry zone (0.00018600) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0002584 TP2= @ 0.0003023 TP3= @ 0.0003361 TP4= @ 0.0003803 TP5= @ 0.0004304 TP6= @ 0.0005391 TP7= @ 0.0007097 TP8= Free
SLong
by ForecastCity
A trading opportunity to buy in SNMETHTechnical analysis: . SONM/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 48. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00020480 to 0.00017635). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00020480) Ending of entry zone (0.00017635) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0002319 TP2= @ 0.0002584 TP3= @ 0.0003023 TP4= @ 0.0003361 TP5= @ 0.0003803 TP6= @ 0.0004304 TP7= @ 0.0005391 TP8= @ 0.0007097 TP9= Free
SLong
by ForecastCity
A trading opportunity to buy in SNMETHTechnical analysis: . SONM/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 48. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00020480 to 0.00017635). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00020480) Ending of entry zone (0.00017635) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0002319 TP2= @ 0.0002584 TP3= @ 0.0003023 TP4= @ 0.0003361 TP5= @ 0.0003803 TP6= @ 0.0004304 TP7= @ 0.0005391 TP8= @ 0.0007097 TP9= Free
SLong
by ForecastCity