WOW! This is what we call volatility! Main net releases in 12 days and the word from their CTO and co-founder is that they have over 50 companies that are waiting to use their network. This weekly chart is showing a major bullish reversal pattern and I am looking for this week to be a bullish continuation of the volume build. By the looks of today we are doing...
Early on this monday we are seeing the bulls decisively in control. The volume is saying we are apt for a breakout here above the 50EMA level. With 3 hours 22 minutes left in this 4 hour candle and already a very decisive volume building occurring I see grounds for higher prices. Is the bottom in? Not sure but for right now the markets are telling us the bulls are...
Looking for a bounce at 7450 uptrend line on daily. If this doesn't hold 6800 is my next accumulation zone.
BTCUSD For the last 7 days Bitcoin has been in a 700 point trading range and for those that are very familiar with this market they understand this is insanely low for a week of bitcoin volatility. This should tell you as a trader to avoid trading this market and wait for a confirmation to take a long or short position. Sometimes the best position we can take is...
Beautiful LONG setup off the .786 retracement in SONM in confluence with the most bullish news we've ever seen. 50+ companies waiting for release of main net that will use the network (AKA BUY SONM TOKENS).... Masternodes and POS released as well today! Wow!
SONM Update... 4 hour buy trigger off the 50 day EMA. Stop below the low of the 4 hour candle so super tight. Not playing around with the potential head and shoulders pattern on the 1 hour chart. It's honored the 4 hour 50 day EMA for 5 weeks now 90% of the time. Fundamentally super solid. I am expecting a surprise news release tomorrow at Consensus 2018!
Too many reasons why I think #SONM will hit these targets. -Consensus 2018 first ever coin as a title sponsor. -Consensus 2018 attendance being an absolute BLOWOUT with over 8500 attendees versus the 4000 they were expecting. -MVP was a huge success and their main net launches in June. -Launching Main net with a subchain off of Ethereum so will not be dependent...