SUB Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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SUBUSD
SUB/BTC SHOWING GOOD ENTRY POINT AND BULLISH DIVERGENCEOriginally bought in at 1750 following trade by Jacob Canfield (referenced below). Doubled my position at 1650, with a stop loss at 1550. Targets on the fib lines. We see volume increasing and strength increasing causing a bullish divergence. I consider this a high risk trade, being that we could be forming a hidden bearish divergence, at which point we will hit our stop. My original targets are still set from Jacob’s post. First sell targets for my new position are 40% at .00001800 , 30% 1920 , 30% 2120
Substratum (SUB) with a .618 Fib bounce for a 23% Proift> Bullish divergence
> RSI support bounce
> Strengthening RSI
> The buybook is stronger than the sellbook
> Broke the down trend
> Holding the .618 support.
> Amplify Airdrop Snapshot in January (expect price to rise over the next 2 months)
RSI Divergence
SUBUSD: the channel was broken downSadness. First, there was no rally. But it would be OK, if the drop would be to the previous lows, so we could pick Substratum there and bounce from those lows. But the volume on this intermediate level is rather high, so the fall was stopped too. Now, we may stuck at this level for a while.
Not a financial advice.
SUBUSD: the demand is thereThe indicated support level was tested a couple of times before, and it is very likely that it will be tested once again and the short breakout will be there, similarly to one that happened before. A very nice point for the start of the rising trend. Substratum may be a bit slower than the higher cap coins, but eventually it, IMO, will have one of the biggest ROI.
Not a financial advice.
SUBUSD: one of the biggest possible returnsSubstratum is an outstanding project with an extremely high potential for the future. While it was rather expensive to buy in the past, the bears made a favor for us, and not SUB capitalization is around $76M with ~0.19$ a coin. Recently it perfectly bounced off the historical low with a consequent increased volume (although on the rise). The reversal was actually preceded with a relatively long price side action, which may now serve as a support. The descending triangle was form during the price fall, and the breakout of that triangle upwards nearly perfectly matched the bounce from the support level. Price-wise, with respect to USD, Substratum offers a great possible profit of 35x in case of reaching a previous ATH. The combination of all those positive aspects in my eyes makes SUB one of the greatest deals at the current moment of the crypto market.
Substratum Trend Reversal?Substratum did hit the bottom on the 29th of June, where it hit $0.16. At that stage RSI formed a bullish divergence on the 4h timeframe suggesting the correction up.
Currently it is obvious that price started to print higher highs and higher lows, and recently broke above the 200 Moving Average, reaching $0.3 high. On the small corrective move down, SUB/USD has rejected the 200 Moving Average and 38.2% Fibonacci support at $0.25.
Such price action suggest the continuation of the corrective move upwards, and price could reach 38.2% Fibs at $0.45, which also corresponds to the 461.8% Fibs applied to the current corrective wave down.
When/if the resistance is rejected and broken, further growth potential shall become quite likely and could mean trend reversal for the Substratum, which at the end might result in a new all-time high.
Substratum (SUB) Possible descending triangle (7% movement)Substratum seems to be holding support around the 4100 satoshi level but the resistance is getting lower and lower. Part of this may be caused by the sudden halving in volume, and thus liquidity, which means the people who hold thousands of Sub are able to severely impact the price.
I have bought Sub at 4100 and am very concerned with how it takes just around 8k of the coin to drive the coin down 2%. I have had troubles selling my position at the ideal price as the buy limit orders are very few, and have had to wait until an individual buy order came in before selling.
As we have seen with other coins such as TRX, a descending triangle will mean Substratum is likely to break down. Therefore, I would recommend having a stop loss at 4063.
If this does break up, however, our target will be 4400 sats, netting around a 7% profit.
If you want to take this trade,
Buy in:
4100 satoshi, which has been the current support.
Sell level:
4400 satoshi, which is going to be strong resistance.
Thanks for viewing! I haven't made many charts as right now as most my trades have been on the smaller timeframes. The market hasn't been doing well enough for safe 3-7 trades.
I do hope we will be entering a bullish market cycle so swing traders can have a few more opportunities on BTC/Altcoin pairs.
Substratum Upside ReversalSubstratum currently trading at the support area, between $0.3 and $0.38, that is 88.6% Fibonacci retracement level of the recent corrective wave down. Currently SUB/USD is right at the Fibs support, which could and should continue to act as the support.
As long as price stays above the $0.3, SUB should start moving upwards and could reach $1.43 area in the medium term. The $1.43 resistance is confirmed by two Fibonacci retracement levels, 38.2% Fibs applied through the all-time high, and 161.8% Fibs applied through the recent corrective wave down.
At the same time consolidation phase could take place and price might continue to range around $0.4 area. But only break and close below $0.3 could invalidate bullish outlook and send price lower.
Substratum (SUB) Trading Plan (40% Profit Potential)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.
What's Up with SUB Trading Volume?Two trading volume spikes on Substratum (March 8 & 12), followed by Solid Trading Volume! Is it accumulation, or sumthin's about to happen?
Appreciate your input!
Cheers,
Keith