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Sonm

SONM Is Printing The Same Pattern, Bullish Potential (240%-430%)I wrote an analysis recently for UpToken (UPBTC) and some signals/patterns that are showing up on charts before a breakout... EDGBTC played out true, IOCBTC as well... These patterns and signals are the same... You can read about UpToken (UPBTC) here: Now, as for SONM (SNMBTC) , let's take a look at the signals below: A Strong and steep drop. Mini uptrend with multiple green candles and increasing green volume. Bullish divergence showing simultaneously on the MACD and RSI (here is only showing on the MACD). Break above EMA5 and EMA10 (work in progress)... We are looking at 240% PProfits (profits potential) for the first wave and over 430% for the second one. We say over because the second wave is likely to go higher than the 28-March high at 0.00000925... We will see how this goes. Do you think SONM (SNMBTC) can do a strong bullish move soon? We believe so... Thanks a lot for reading. Remember to hit like to send us some love and support. This is Alan Masters. Namaste. THIS IS NOT FINANCIAL ADVICE All the information shared on this channel is for educational and entertainment purposes only.
SLong
by AlanSantana
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
SONM Long Term Potential (800% To All-time High)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 since October 2018, when it remained above for just two weeks to quickly move back down. Right now, EMA10 is being challenged, if it can be broken you can expect really good profits to be generated from this altcoin. The MACD is trending up and the histogram is moving in favor of the bulls (green). The RSI has been in consolidation and near oversold (I consider 30 to be oversold on the weekly for altcoins). This is just a friendly reminder, feel free to hit like to show your support. Thanks a lot for reading... Hold tight, soon from me you can expect much more. Namaste.
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by AlanSantana
4
SONM easy profits coming! Dont miss the train!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, chikou-span above the current price and Tenkan crossed over to Kijun. RSI & MACD are also very strong, both have rejected the fall to the negative side confirming that the bulls are currently commanding the movements. The price has already crossed up the MA200, made the pullback and now threatens to start a moving up. The 50MA just crossed over to 200MA. OBV (Not shown in the chart) also points the strength to the bulls with an upward movement. In the D1 chart, you can see a huge bullish divergence across the fall since November on the MACD and RSI, this also confirms that the bears' move really came to an end. In my opinion, this is a very safe trade and SONM should start a bullish momentum the next few hours or days. In related ideas below you can check some of my last analisys. If you like my reviews, please follow me and leave your like. God bless.
SLong
by LiuTrader
SNMBTCThe following analysis is the update to our recent signal for SNMBTC. You can see 2 charts, the upper represents long run equilibrium and trend at the SONM market. At the 1-day timeframe we can see that the price is about to finish Triangle pattern. The most important is that it broke down for a few moments right to the Major support level, afterwards it broke upward with a significant volume of trades. Indicators become neutral and positive. Overall long run TA analysis suggest that the coin has bullish mood If we take a closer look at SNM it can be seen that at the 1 hour timeframe the coin is still bearish. The price is in the overbought state, volume is low indicators are neutral negative. It can be concluded that the breakout happened which happened before the triangle ends is fake. So the price should come back to the channel soon, where our buying zone is located. Taking into account Long run positive TA and upcoming strong good fundamentals for this coin we recommend to wait for few days to go long or implement scalping strategy according to this and recent BTC analyses
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by Skyrexio
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
SONM HOT WEEKLY CHART AND BIG NEWS COMING SONM had huge dump in couple past months and now it´s showing some kind consolidation on chart. Weekly chart looks very interesting (RSI neutral, MACD ready to cross , volume slowly increasing) In my humble opinion this is the beginning of the next cycle and we can see rise for this coin in upcoming weeks. BIG NEWS AHEAD END OF YEAR. 23.11.2018 - First year report 30.12.2018 - New releases 30.12.2018 - Q4 releases 30.12.2018- Fog computing early adopters support program conference in Q4 2018 LATELY Promotion / cloud fest Bussines updates and so on.. Look for target at least 25-50% depends on your entry point Stoploss you can place bellow possible 1D head / shoulder pattern (bellow right shoulder if its valid)
SLong
by MichalMajzlik